jayboi on Nostr: Topic: Advantages of Bitcoin - Bitcoin transactions are secured by cryptography, ...
Topic: Advantages of Bitcoin
- Bitcoin transactions are secured by cryptography, making them resistant to fraud and hacking. The blockchain's decentralized nature also adds to its security.
- Bitcoin can be sent and received anywhere in the world, making it accessible to people in regions with limited access to traditional banking systems.
- Bitcoin transactions often have lower fees compared to traditional banking and money transfer services, especially for international transfers.
- Users have full control over their Bitcoin, without relying on a bank or other financial institution.
#bitcoin #btc #nostr #learnbitcoin #newbie
Read previous post here: https://primal.net/e/note1j9kx7u25xunsumcp0x3lhxr879ua3ll9xyn0xfle3x4rw5m5chgslyc9dp
- Bitcoin transactions are secured by cryptography, making them resistant to fraud and hacking. The blockchain's decentralized nature also adds to its security.
- Bitcoin can be sent and received anywhere in the world, making it accessible to people in regions with limited access to traditional banking systems.
- Bitcoin transactions often have lower fees compared to traditional banking and money transfer services, especially for international transfers.
- Users have full control over their Bitcoin, without relying on a bank or other financial institution.
#bitcoin #btc #nostr #learnbitcoin #newbie
Read previous post here: https://primal.net/e/note1j9kx7u25xunsumcp0x3lhxr879ua3ll9xyn0xfle3x4rw5m5chgslyc9dp