Review on Bitcoin by Amit Singh
A complete digital currency.
Although it is experiencing frequent fluctuations, I believe that as predicted above, Bitcoin will increase further. There are a number of factors that have led to the decline in Bitcoin prices such as Bitcoins were used for illegal purposes and in the past there have been various accidents like hacking and theft. Processors have surpassed Cons, so Bitcoin is still the market leader, number one, and maintains its position.
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Pros
- It is possible to send and receive money anywhere at any time in the world.
- You don't have to worry about crossing boundaries, rescheduling for bank holidays, or any restrictions that may arise when transferring money.
- You're in control of your finances. There is no central authority figure on the Bitcoin network.
- It can be backed up and encrypted to ensure the security of your money.
Cons
- Big disadvantage is lack of awareness & understanding.
