Review on Bitcoin by Haunebu Hannover
Bitcoin - The future of online digital payments!
Bitcoin helped me learn that it was possible to conduct financial transactions online without the supervision of a central authority which changed my world forever just like it did for many other people. There are many more cryptocurrencies out there with better technologies, but Bitcoin is better than them all in terms of popularity and liquidity. As volatility goes down with time, more and more governments will embrace it driving up its value even further in my opinion. Thank you Satoshi Nakamoto.
Pros
- No central authority tracking you
- Easy digital transactions
- Useful as both a currency and as an investment asset
Cons
- High volatility
- Difficult to learn how it works initially
- Fluctuating Transaction fees and Transaction times based on price and liquidity
