Review on Bitcoin by Fabrizio Zampieri
Currently it is considered a reserve of value, in fact it is not convenient to…
Currently it is considered a reserve of value, in fact it is not convenient to use BTC in common transactions because of the high cost.
We are waiting for new improvements (Lightning Network) so the transaction speed will increase and cost fees will decrease.
Pros
- Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. It was born in 2009 and it's the most used crypto in the world.
Cons
- Low speed transactions. High cost fees.
