Advantages of Bitcoin


1) Fast

For banks, transfers between accounts take 3 to 5 business days on average, and perhaps more if they are transfers abroad. In cryptocurrencies, transactions are instant. However, when working with large quantities, it is recommended to wait for several confirmations of the transaction over the network, which usually does not take more than an hour.

Think about your business, not when the bank is over the weekend or at lunchtime. If you want to send a transfer at 3:00 am on Sunday, it means that it will be sent at 3:00 am on Sunday.

Unlike bank transfers, Bitcoin transactions cannot be canceled. Therefore, you need to be extremely careful when working with funds transfer agreements. Despite a few minutes spent in excess, we get:

2) Bitcoin is open source

Anyone can contribute to the development of Bitcoins in a multitude of areas, including different Bitcoin software Clients.


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