Review on Bitcoin by Nikola Kanački
Bitcoin and future!
Hello, this is my first review on the site! So, bitcoin is the most expensive cryptocurrency on the market. His worth is more than 30k dollars. There is a falls and rises but it scaling pretty much.
It is being used more and more and is slowly becoming the main currency of today as more and more internet transactions are made. Most of the population is still unfamiliar with bitcoin but this will change over time. This crypto is bad and good in the same time. Bad because of using more electricity to "mine" them and good for crypto market and future of humanity.
Currently every affects crypto, but it's gonna be stabilized in future.
Pros
- User Autonomy
- Discretion
- Peer-to-Peer Focus
- Elimination of Banking Fees
- Mobile Payments
- Accessibility
Cons
- Scalability
- Cybersecurity issues
- Regulations
- Price volatility and lack of inherent value
