Why is Bitcoin popular?

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Why is Bitcoin popular?

From a technical point of view, bitcoin is a kind of digital algorithm. In order to create it, a lot of computing power is required. Bitcoin transactions should be understood as the transfer of bits from one computer to another. In economic terms, bitcoin is a limited currency. Transactions with it always go unnoticed and also disappear without a trace. This currency does not have its own central bank.

The advantages of bitcoin include:

Commissions for bitcoin transfers are either very small compared to other currencies, or are absent. Bitcoin transfers are unlimited. Also, the location of the persons performing operations with cryptocurrency does not matter.

All you need is the internet.

A Bitcoin wallet is very simple to create, there is no need to even enter any personal information.

The reliability of the system is superior to any other system, in large part due to the fact that bitcoin cannot be counterfeited.

Taxes are not levied on transactions in bitcoins, because the cryptocurrency is not official.

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Bitcoin is used to preserve assets. People who bought the first cryptocurrency in the early years of its existence ensured a comfortable life for themselves. Just 9 months ago, during the market downturn, Bitcoin could be purchased for $ 3,200, and now 1 BTC costs several times more.
According to forecasts, the cost of bitcoin will be much higher. Therefore, there is now a great opportunity to invest in bitcoin. Here https://www.bestchange.com/visa-mastercard-usd-to-bitcoin.html I found favorable conditions for myself to buy bitcoin with debit card Buying bitcoin through an exchanger is very simple