Advantages And Disadvantages Of Bitcoin

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Advantages of Bitcoin
Easy and Fast Payments:
Bitcoin payments can be accompanied easily using an application on a smartphone, using software on computer or online through the web. There is no need for a credit card or a PIN or signature to make payment. All we need is to know the address to which we are going to make our Payment . Payments and transfers are very fast and can be done in a fractions of seconds to minutes because it is a reorganized payment system that avoids banks which usually take numbers of days to weeks to complete transfers particularly international transfers.
Information is Apparent:
In Bitcoin with the block chain, all finalized transactions are available for everyone to see, however personal information are secrets. Our public address is visible to every one, however, our personal information is not secured to this. Anyone at anytime can verify transactions in the Bitcoin Block chain. Bitcoin protocol cannot be handled by any person, organization, or government because Bitcoin are cryptographically secure.

Protected:
In Bitcoin the use...

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