1 Level
2 Review
2 Karma
Review on Bitcoin by Adam Dieng
Overall, it is the future of money. In reality it already replaced fiat money…
Overall, it is the future of money. In reality it already replaced fiat money, we just don't realize it.
Pros
- Bitcoin can be used as an anonymous currency free from spying governments. While using it, you don’t need to provide your email, name, social security number, or any other identifying information when making peer-to-peer transactions.
Cons
- No one knows its future. It is designed to reward early adopters. The general public lack of understanding. Most bitcoin users don’t really understand how the cryptocurrency works and whether or not it’s secure. It offers offer a degree of anonymity that traditional transactions don’t. While some tout this as a pro for bitcoin, it’s also why some investors view cryptocurrencies negatively.
