Why Bitcoin? If you are still unsure of why the first cryptocurrency is better than using a bank, here are just a few reasons:
- Low commissions (or zero): Fees are fixed, regardless of a country or amount, there are also no transaction limits.
- 24/7/365: Open anytime, any day, you pick the spot, even during a holiday break.
- Instant transfers: Bank transfers may take 3-5 days, or even more.
- Safety, reliability: Cryptography, private keys.
- Decentralization: You can be sure that no one will take over bitcoin or close it for good.
- Full control over your finances: Transactions cannot be recalled, your accounts/wallets will not be frozen.