Community post
practice
* Almost for free (a few cents fee, regardless of amount $$$ sent). * Borderless (no country can stop it from going in/out or confiscate) * Trustless (nobody needs to trust anybody for it to work) * Privacy (no need to expose personal information) * Securely (encrypted cryptographically) * Permissionless (no approval from central powers needed) * Almost Instant (from seconds to a few minutes) * Open source (auditable by anybody) * Worldwide distributed (from anywhere to anywhere on the planet) * Censorship resistant (no government can stop its use) * Peer-to-peer (no intermediaries with a cut) * Portable (easier to carry/move than cash, gold and silver) * Public ledger (transparent, seen by everybody) * Scalable (each bitcoin is divisible down to 8 decimals) * Decentralized (distributed with no single point of failure) * Deflationary (its supply goes down with time until reaching 21 million ever) * Immutable global registry (can’t be altered/hacked by nobody) * No chargebacks-No fraud ('push' vs' 'pull' transactions).
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Replies (1)
Welcome to d.tube. I hope crypto currency does go global.