A few advantages of using bitcoin over a bank account/credit card/Paypal account.


New Member
Oct 13, 2018
- There is no centralised middleman controlling the flow of money, so your funds can’t be frozen, held, or subjected to arbitrary spending limits.

- You can send nearly instant payments anywhere in the world for a very small, optional fee; usually equivalent to a few cents.

- Bitcoin transactions are irreversible. For merchants, this means no chargebacks and a much smaller risk of payment fraud.

- All Bitcoin transactions are on public record, so it’s possible to prove a payment has been made or personal ownership of bitcoins.

- Bitcoins cannot be counterfeited or debased — only a finite amount of bitcoins can ever be created.

- Bitcoin can be an anonymous form of payment if certain precautions are taken.