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Magelang
1 Level
7 Review
14.5 Karma

Review on Bitcoin by Redha Devan Naratama

Revainrating 4 out of 5

Still the first & only

Bitcoin is the first cryptocurrency born in the world, basically it was created to facilitate cross-border transactions, without obstacles, except the internet. This payment instrument also supports full transparency so that it will not be possible for someone to manipulate it. at first bitcoin was widely used for transaction / payment purposes because it was fast, cheap, and also easy to use. However, lately I see bitcoin only as a parent of cryptocurrency, aka alias as a basic commodity in crypto trading, price manipulation, illegal uses such as drugs, weapons, and so on. The ability of bitcoin to make transactions is also very slow now, but with the presence of bitcoin lightning I believe that bitcoin will again be used as a transaction tool that is notoriously easy, fast, cheap, and transparent.



Pros
  • Represent of cryptocurrency
Cons
  • Lost it's main function

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