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    Author Topic: The fair advantage of Btcoin  (Read 400 times)
    Evergreenpost (OP)
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    June 22, 2025, 08:08:43 AM
     #1

    Bitcoin's fair advantages are as follows:
    It has no special central authority that controls its transactions, unlike a traditional bank. BTC is a fair advantage for anyone who invests in it. Anyone can hold it, whether rich or poor, as long as there's internet service.

    It also uses blockchain technology, which may not be easy to hack or alter... It is secure compared to traditional banks unless you are careless with your password or mistakenly forget your code.

    It is a fair advantage because it is very easy and fast to transfer Bitcoin and receive it all over the world. For instance, if one wants to travel to Dubai or Canada, one can convert one's local currency to bitcoin, and when one gets to one's destination, one can convert it to USD and change it to Dubai or Canadian currency. i.e., fair advantages by beating the international bank charges and fees. One is probably going to pay for it if it has to be traditional banks.

    It is also a fair advantage because of its low cost of transactions, unlike money deposit banks... You have to pay VAT, pay for maintenance, pay fees, etc.
     
    It can be used to beat inflation, which makes it a fair advantage as well. It is a fair advantage for a country with no stable economy or no stable government policies; Bitcoin can be used to protect  ones wealth where there is no availability of banks or little access to banks.

    It is a fair advantage because No discrimination. No racism, no gender, no age barrier, and it is open to anyone who wishes to hold it or buy it. Don't need anyone's or the government's permission.

    Although BTC has numerous disadvantages too, and it is risky to invest in it. In my view, if the merits outweigh the demerits, it is good to go with the flow.
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