Today,almost everyone has heard of Bitcoin and cryptocurrencies. Every day the newdigital currency is gaining more and more popularity, and it is logical to assume that there are good reasons for this.
Bitcoinvalue
Bitcoin'sprice is constantly rising, which means that there is significant demand forit.
Blockchaintransparency
Like anyother cryptocurrency, Bitcoin exists and functions on a special blockchainnetwork, which gives Bitcoin, as an asset, extremely important and useful functions.
Blockchain(and therefore Bitcoin itself) is open, transparent, secure, and decentralized.You can always check any transaction (Bitcoin transfer from one wallet address to another) on the network yourself.
Due to thespecial structure of the system itself, a transaction cannot be faked, whichmeans that absolutely any transfers are reliably protected by the network itself and the blockchain structure. The fact of decentralization is also important, because Bitcoin as an asset is not controlled by any government agency, company or organization. Bitcoin exists at the expense of millions of computers around the world.
Lack ofterritorial boundaries and commissions
It isextremely convenient that Bitcoin and any other cryptocurrency simply have noterritorial boundaries. You can play online games in which tokens can buy characters or unique things. See examples of such games at https://nftotters.com
You caneasily send any amount of money to absolutely anyone on the planet in minutesor even seconds!
This is oneof the main advantages of blockchain, because today in order to make aninterstate transaction or send money to a person in another country, you need to convert your money into dollars, wait for approval from banks and pay large fees, while the fees in Bitcoin network are minimal.