Review on Bitcoin by koray basturk
My comment on bitcoin
Bitcoin sounds very attractive in terms of independence and anonymity.but I was not very interested in terms of ease of use, speed and cost.I think one of the most important advantages of using bitcoin for payment is that there is no need for bank transactions anymore.I think bitcoin will rise in the coming years and I have already invested a little and I'll do more.
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Pros
- Provide freedom
- easy and convenient
- cheaper and faster than international banking activities
- 24/7 money transfers
Cons
- Not every store and service provider accepts bitcoin
- use in illegal ways
- Costly to cash out bitcoins
