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Venezuela
4 Level
63 Review
51 Karma

Review on Bitcoin by Raquel Matos

Revainrating 3 out of 5

Bitcoin is a good cryptocurrency.

Bitcoin is a virtual currency that has been in the market for 11 years and was the first cryptocurrency that began to operate in the economy and was accepted in the world as such. Due to its receptiveness, it is already accepted in Japan as money and in many others as an exchange for the purchase of merchandise and more countries are joining every day. It has its risks like everything that participates in the stock market due to its variability according to the market. It is a currency that has no participation or manipulation by any government.

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Pros
  • Bitcoin is internationally known as a payment method to buy any type of merchandise.
  • It is reliable for its time in the market that is already 11 years old, it is transparent and traceable every transfer made since it is kept filed in the bitcoin system.
  • It is a decentralized system is not easy prey for hackers.
Cons
  • BTC shipping is expensive.
  • It is high risk since it easily increases or collapses
  • The amount of bitcoin is limited to reach 21 million

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