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Is Bitcoin has value?

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Written by   1
3 months ago
Topics: WAX, KuCoin, Free crypto, ETH, Bitcoin, ...

A question on the minds of many people is.

Is Bitcoin worth all the hype?

First of all, let me explain to you what Bitcoin is.

It is a digital currency that is subject to the encryption system, and is not subject to any central authority like traditional paper currencies, meaning that no country, bank or entity can control and influence it.

It was created in 2009 by an anonymous person calling himself Satoshi Nakamoto.

In some periods, the price of this currency reached fictional figures of more than 50 thousand dollars per 1 Bitcoin.

So now back to the main question.

Is Bitcoin useful or is it really worth all the hype?

In fact

Yes worth.

Why?

Let me explain to you.

First: freedom

The ability to get or send money at any time and anywhere in the world without any restrictions and with the lowest fees.

Second, protect privacy

You can make all the payments you wish without associating your personal information with any of these transactions.

And of course, hiding your personal information from prying eyes will protect you from any possible theft of your data or identity.

Third, very low fees

Fees for bitcoin transactions are virtually non-existent.

This is a very cool feature for those of us who don't hate paying fees.

Fourth: speed

The Bitcoin network processes payments almost instantly.

That is, if you want to send money via Bitcoin to anyone, even if he is on the opposite side of the earth's surface, it will only take a few minutes, unlike what happens within banks that take days.

What can I buy with Bitcoin?

In short, you can buy literally everything.

Lots of companies across the board accept payments with Bitcoin.

So now the question is directed at you.

Is Bitcoin has value?

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Avatar for Madication
Written by   1
3 months ago
Topics: WAX, KuCoin, Free crypto, ETH, Bitcoin, ...
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