Wednesday, February 10, 2016

That is why I use bitcoin !!! 9 Reasons ....

The modern era in which we live has managed to make us rethink many conventional contexts where previously considered science fiction. We all know that money is a medium of exchange and nothing else and yet we need so much, which managed to enslave us as entities. At last the technology for full economic freedom of the individual, without intermediaries, hidden charges and continuous devaluation. As a user himself of the technology and similar Bitcoin digital currency I want to mention 9 Reasons that made me approach it, to acknowledge and finally use it.

1) Freedom payments - It is possible to send and receive any amount of money instantly, anywhere in the world, anytime. Without holidays. Without borders. Without limits imposed. The Bitcoin allows users to have full control of their money.

2) Very low fees - Currently, Bitcoin payments made either zero or very low fees. Users may include charges on transactions in order to receive priority processing, which results in faster validation of transactions by the network. Additionally, processors traders are there to help them in payment processing, converting bitcoins in paper money and depositing the funds directly to the bank account of traders daily. As these services are based on Bitcoin, they can be provided with much lower rates than with PayPal, or credit networks / debit cards.

3) Fewer risks for traders - Transactions with Bitcoin is a secure, irreversible and do not contain personal information or sensitive customer data. This protects merchants from damage caused by fraud or fraudulent Chargebacks (chargebacks) and no need for compatibility with PCI. Merchants can easily expand into new markets where either the credit card is not available, either the fraud rates are unacceptably high. This results in net profit is lower charges of larger markets and lower administrative costs.

4) Safety and control - Bitcoin users have full control of their transactions. It is impossible for traders to impose unwanted or unnoticed charges as can happen with other payment methods. Payments by Bitcoin can be performed without access to personal information to the transaction. This provides strong protection against identity theft. The Bitcoin users can also protect their money back and encryption.

5) Transparent and neutral - Any information concerning the supply of Bitcoin money is readily available in the chain of blocks (blockchain) for anyone to confirm and use them in real time. No person or organization can not verify or to falsify the Bitcoin protocol because it is cryptographically secure. This allows the core of Bitcoin be trusted since it is completely neutral, transparent and predictable.

6) World currency - Literally with Bitcoin could go anywhere in the world traveling and do not carry credit / debit card or even cash to travel. No longer worry not someone steal your carry that money or to impose your limitations to the amount allowed to have. Especially this is a great advantage to cash.

7) Non-inflationary currency - The exact number of their creation does not allow inflationary pressures have with conventional currencies and therefore the corresponding financial risks.

8) Autonomy - do not produce any central bank thus controls not one beyond yourself, you choose what you will do and when to use it without being forced.

9) Fintech - The Bitcoin is innovation and it is the revolution of money for the 21 centure. Do you want to be part of it?

Closing the bitcoin characterize by me as the ultimate gadget to the 2016+ ...

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