Currency Peer-to-peer
You do not need the government to get money again. Bitcoin is the currency of the People, for the People. It is money from you and me. Now you can trade the digital currency. No animals, the printing press or the interest rate is needed.
Massive information transfer capability
Technically, a bitcoin can send a thousand bits of information with secure encryption. Send pdf, digital files, and other combinations in complete security.
Public transaction ledger
Network Block is the heart of the Bitcoin protocol and gives us a way to track all transactions Bitcoin. Bitcoin has the technology to make a better record than ever before, and this is the latest discovery.
Creation bitcoin restricted
Bitcoin has been agreed will be limited production at 21 million coins, to end production in the year 2140. In order to change this, the whole block chain must agree to change this value. The benefits of anti-inflation limit is the increase in the value of Bitcoin now, and forever. Since Bitcoin can be broken down into Satoshi 100 millionths of bitcoin, the ability to obtain the values of bitcoin on a broad global scale wi
ll be maintained.
The number of transfer mode
Bitcoin can be easily transferred online, yes, but it can be delivered in many other ways. Feature your phone, not even a smartphone can also send them via SMS text messages. You can send them from your wallet paper. Can also be sent in Morse Code in "Burst". And soon, you can send it via satellite to a node in space. As long as you have two nodes with the bitcoin block chain survive.
Anti-discrimination currency
Bitcoin is a "dumb network". This means that no matter how much money you have, how old you are, what your skin color, where you live, or how long you. Are you a citizen of the country where you are today? Bitcoin does not care, and do not discriminate. If you have a purse, you can use Bitcoin, anywhere, anytime, for anyone. This is really the technology for the Community.
Altcoin
Bitcoin currency spawned other digital technology, with amazing features that can be added to the Bitcoin in the future. There may be times when sending Bitcoin is not favored, and other forms of digital currency may be required. Maybe someone would like even more security, faster transactions. There altcoin fit your needs.
No limits
Bitcoin is a digital currency global, and Bitcoin in Japan together with Bitcoin in Sydney. Bitcoin does not come from one nation.
Intelligent contract
We do not really get "Smart Contract" before using Bitcoin. This allows the contract automatically applies after conditions are met. There is no confirmation of a third party is needed.
Encrypted security worldwide
These are the basics of bitcoin, a digital currency. Through encryption, which has been examined through the banking system and the military for decades, you can send currencies around the world in seconds, with total protection. Like putting your money into the vault that can only be opened by your friends / customers. There is no control of the central bank.
There is no government control
The government does not control the bitcoin. The government has a very bad habit of making more money to worthless paper currency. Now, you do not have to worry about currency debasement and inflation again.
People Power
Monetary strength in your hands! Value of Bitcoin has advantages and economic power when more and more people are using it. So ... what are you waiting for? A new form of money that can empower billions of people without bank accounts, credit, or currency that is free from corruption. Bitcoin bring economic power to anyone on this planet who are ready to take over their own money. Are you ready to hold such power?
Bitcoin was fast
How long does it take to move $ 10,000 USD from one side of the hemisphere to the other side of the hemisphere? Once you take a trip to the bank, you are given twenty questions by a bank officer, pay the fee, and wait for approval and transfer, and receiving money on the other side to do the same, you have lost at least one day. Bitcoin can make transactions of tens of millions of dollars, in a matter of seconds.
Various security options
Bitcoin safe as you want. The best way to lose Bitcoins is to give someone a "private key" you. Many security options, including multi-sig technology, passwords, PINs, paper wallet, vault storage, cold storage or offline storage. Humans are not good at keeping information through physical items, but Bitcoin ready.
Crowdfunding be easy
Let's say you are a farmer in Indonesia, and you need $ 100 USD for the purchase of materials, food and animals to expand your farm business. Place a Bitcoin address your QR code on your web page or web pages of others, or even outside your home, and people anywhere in the world can donate funds in your business. No checks, ID, or signature required.
Reward
If you're storing your fiat currency in the bank, you are losing money every day. Real world inflation in the US is around 5%. Bitcoin is designed to increase the value of time, and an anti-inflationary because there will always be the same amount of bitcoin. Ask the person who bought a thousand BTC in 5 years ago, how they are doing. Slightly better than your savings account, I can tell you. Five years ago, 1 BTC equivalent to the price of nickel. Now, it's worth about $ 250 USD.
Micropayments
Paying your favorite author or creator of content in BTC easily using bitcoin. When a merchant account payment get one dollar, the cost required for sending this transaction makes them impossible to be efficient. Because bitcoin transaction is a peer-to-peer, without intermediaries, and costs less than a penny, the money goes where you want it, and there is no "cost of doing business".
Digital file record in the Network Block (wills, contracts, marriage)
People have been doing contract on Block Bitcoin network. Contracts, Wills, and more agreements are becoming normal rates for the Bitcoin public book.
Easily transfer your wealth
Imagine trying to move all the gold you, or accounts of the US Dollar in the border areas? If you do not see robbed, you will meet some of the police or government officials, and they will make the situation very difficult for you to do so freely. With bitcoin, you can create a "brain wallet", a collection of words that can be memorized, which will bring the entire contents of your bitcoin wallet with you anywhere in the world.
Anti-identity theft
You do not send your personal information when you do a bitcoin transaction. When you swipe your debit card, your entire account, with the name, social security or national ID numbers, addresses, and balance all sent to a third party system. You WISH that your information will be safe there. Then go to a clearing house, bank, and there are many people who touch your transactions along the way. No wonder nearly 5% of people in the US have suffered identity theft. Bitcoin users will not happen occurrences such as identity theft.
Creating a merchant account abandoned
Have one bitcoin wallet for your personal bitcoin, and a wallet for your business account. No fees, no invoice / monthly reports, no customer service required. Only pay quickly, without intermediaries. What do you think?
The lowest cost of currency transfers
Western Union has made hundreds of billions of dollars over the years because they do not have competition in the field. They can make a profit on every person up to 15% on the cost issue for transferring money from one country to another, depending on where and how much you send. Bitcoin can do the same thing in a matter of cents, regardless of the number or location. Many companies see opportunities for growth here. This money is better spent by people who should receive it, investing in their communities.
Delivers private banking to control all three regions of the world
What if you live in a remote area in Africa, without 4G or cable TV. What if you do not have a car and live 50 miles from the nearest town, just to the mountains between you? With Bitcoin, even with a simple SMS message, you can conduct business transactions globally. Buy, sell and trade without banking charges.
Build jobs, new businesses and industries around the world
Politicians begin to see that Bitcoin is a new business, which means new jobs, and can exert an industry. Security for bitcoin, sell goods to bitcoin, bitcoin services such as legal, marketing, and social media.
Yes, Bitcoin is real money
There is no such thing as a false or bitcoin bitcoin bitcoin forgery. Fiat currencies have and will be able to be duplicated, after several years of use, that's why they changed their appearance every few years. It's hard to fight it, and bring distrust of currencies and markets. Once again, Bitcoin technology has been engineered to stop it.
Digital currency may be programmed to be currency
You can program Bitcoin only to be spent in a city, state, or a particular time zone. You can give your child bitcoin to, let's say your child will spend bitcoin on school books, and the bitcoin, can be programmed to reject all other uses. Bitcoin security can have as many levels as you want. And there is so much room for growth in the business to take advantage of innovative features.
Ownership Timestamp and purchases in the Network Block (no 3rd party)
Keep track of all purchases made with certain bitcoin, or trace ownership through Network bitcoin block.
Replace the fiat currency
A State is very unlikely to use decentralized digital currency to represent their country. The government is all about control. Where everyone has a bitcoin account to transfer money easily online while still using the currency issued by the government for income and taxes. For consumers, you can live in bitcoin, and replace the paper currency. Many people, such as Andreas Antonopoulos, paid and exclusive traveling with bitcoin.
Can make a company or economy more transparent
Again, it is very unlikely, but the structure of the company or government authority can be completely "transparent" to the Network Block Bitcoin for all or some of their service department. Maybe there is a lot of corruption or loss in the sales department.
What Bitcoin benefits that are not in this list? What would you add to the list of features that Bitcoin? Share your comments below.
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