What are the pros and cons of the digital currency "Bitcoin"

What are the pros and cons of digital currency «Bitcoin»

“Bitcoin is the future” - these are the words of almost all economists and IT employees. In general, this statement does not need an evidence base.. The number of network users is constantly growing, what can be reported about the price of electric cash. If someone has not yet become the owner of bitcoins, then you should hurry up with it and get a bitcoin wallet faster. Truth be told, before that, you should get acquainted with the cons and advantages of digital currency.

Pros of bitcoins

1-the th place among the pluses should be given to such an advantage, as anonymity. To use one or another payment system, confirmation required. In other words, indicate information about yourself and certify them in the future. In the case of electric cash, this is not necessary.. Eventually, no one will ever find out about that, who owns the wallet and who performed what operation. Other pluses follow:

1. No tax payments. Payment system "Bitcoin" is not recognized in the world, a means, that it is not taxed. If someone decides to buy something with bitcoins, then the object of purchase will be cheaper, if the same products, but sold for rubles or dollars;

2. Widespread distribution. To some extent, bitcoins resemble dollars. but, if the 1st is the national currency of the USA, then the digital currency "Bitcoin" does not belong to any state. Electronic cash can be used to purchase a variety of products in virtually every country;

3. Reliability. No one will ever be able to counterfeit bitcoins. In this one it is a trick, but everyone can be engaged in the emission of virtual "coins". For this purpose, it is necessary to purchase only special equipment.;

4. Uncomplaining to the rise in the general price level. Bitcoins will always be in value, for the reason that, that their total number is limited 21 million units. Inflation does not affect their price in any way.;

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5. Regulated commission. The fee for the transfer of bitcoins is assigned specifically by the owner of the wallet. The higher it is, the faster the operation will be performed..

Cons of bitcoins

Unfortunately, there is also a list of cons. In the first place, the lack of any certainty due to the coming electrical cash. On the one hand, it is in great demand., but on the other hand it is not provided with anything and at any moment can be prohibited at the legislative level by any state in the world. Among others, electric cash has great volatility. At the moment, it is constantly growing in value., but no one can guarantee that, that tomorrow the price of bitcoins will not fall 10 times. This has already happened in the past.

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