1. Decentralization: Bitcoin operates on a decentralized network, meaning that no single entity, such as a government or financial institution, can control it. This decentralization can provide more freedom, autonomy, and resistance to censorship or manipulation.
2. Financial inclusion: Bitcoin can provide access to financial services for individuals who are unbanked or underbanked, particularly in regions where traditional banking infrastructure is limited or unavailable. With a smartphone and internet access, anyone can use Bitcoin for transactions, remittances, and storing value.
3. Lower transaction fees: Bitcoin transactions can have lower fees compared to traditional financial services, especially for cross-border transactions. This can benefit both consumers and businesses by reducing costs associated with international transfers.
4. Transparency and security: Bitcoin transactions are recorded on a public, tamper-resistant ledger called the blockchain. This provides transparency and security, as transactions can be easily verified and traced, reducing the risk of fraud and corruption.
5. Limited supply and inflation resistance: Bitcoin has a capped supply of 21 million coins, making it a deflationary currency. This limit reduces the risk of inflation, which can erode the purchasing power of traditional currencies over time.
6. Privacy: While not fully anonymous, Bitcoin offers a greater degree of privacy compared to traditional financial transactions, as transactions are only linked to a public address rather than personal information.
7. Investment and diversification: Many people view Bitcoin as a valuable investment and a way to diversify their financial portfolios. As a digital asset, Bitcoin has shown the potential for significant growth in value over time, although it’s essential to note that it also carries risks and volatility.
8. Programmable money: Bitcoin and other cryptocurrencies enable programmable money through smart contracts, which can automate and streamline various financial processes and transactions, leading to increased efficiency and new business models.
How to get started with Bitcoin?
1. Read the Bitcoin Whitepaper
2. Choose Your Bitcoin Wallet
Getting started with Bitcoin is not as difficult as you may think. The first step you will want to take is to have a Bitcoin wallet so that you can receive, send and store Bitcoin securely.
Bitcoin Core – Download the official Bitcoin Core for free.
Hardware Wallet – Hardware wallets provide the most secure way to store your cryptocurrency like Ledger Nano.
Now you are ready to buy Bitcoin so that you can begin using it.
3. Buying Bitcoin
The first step in Buying Bitcoin consists of choosing a crypto trading service.
4. Use Bitcoin
Bitcoin makes it easy to send real money quickly to anywhere in the world! Bitcoin can also be used to make purchases with a variety of Online Retailers
Exchange Bitcoin to other altcoins and vice versa direct to your wallet! It’s Fast, secure and anonymous with Coin Exchange Direct
5. Earn Bitcoin
Learn the different ways to get paid and earn Bitcoins and crypto with Get Paid Crypto and Crypto Opportunity
6. What you need to know
Bitcoin is different from what you know and use every day. Before you start using Bitcoin for any serious transaction, be sure to read what you need to know.
7. Take appropriate steps to Secure Your Wallet
Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money.
First Mover Americas: Bitcoin Traders Await Fed’s Decision
Bitcoin outperforms 97% of all S&P 500 companies in 2023
Bitcoin Price Rises Ahead of Fed. Crypto Traders Poised to Push Prices Higher.
Bitcoin price whipsaws as Fed says rate hikes may not be ‘appropriate’
As Bitcoin (BTC) Approaches $29,000, This Professor Warns Rally Might Fizzle Out
Explainer: What’s behind bitcoin’s latest surge?
The Bitcoin Masterclasses Series 3 with Craig Wright: Yes, human accountants are still needed
Bitcoin Retreats; Justin Sun-Linked Coins Drop After SEC Charges
Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation
White House Releases Economic Report On Bitcoin: Here’s What They Got Wrong
Cryptocurrencies fall as investors weigh the Fed’s latest rate decision, bitcoin slides toward …
US Government Attacks Bitcoin In New Report While Promoting A CBDC
Crypto exchange buys Bitcoin.com.au brand for $3m
Grayscale Bitcoin Trust: ETF Conversion Could Happen Sooner Than Many Expected
Binance Charging Fees for Bitcoin Trading Again
Crypto Is Mostly Over. Its Carbon Emissions Are Not.
Analysis: What’s behind bitcoin’s latest surge?
Bitcoin teeters near $27,000 as Fed raises rates
Bitcoin, Ethereum Mixed After Fed Continues Tightening with Quarter-Point Rate Hike
Bitcoin $30K bets greet FOMC as analyst warns over long liquidations
Scratch Engine Launches Online Portal for Investing into the AI-Powered NFT Ecosystem
Miami NFT Week Announces Additional Speakers Highlighting Rapidly Growing …
Banking volatility causes crypto rally but won’t end crypto winter
IRS Seeks to Tax NFTs Like Other Collectibles
Binance NFT Extends Zero Fees, Gas Promotion for Ethereum, Polygon Collections
Coinbase shares bounce back alongside Bitcoin
Why Bitcoin Could Be Ready For Its Most Powerful Rally In Years
Just How Realistic Is a Bitcoin Price Target of $100,000?
Bitcoin price prediction 2023, experts reckon RenQ Finance (RENQ) and Ethereum (ETH …
Bitcoin Price Prediction as Bulls Hold $27,000 Support
Bitcoin, ether build on recent gains as investors await Fed rate hike decision
Bitcoin craze is back! Credit Suisse, Silicon Valley Bank collapse leads to 40% rally
Altcoins rally and Bitcoin holds above $28K as all eyes focus on the Fed
Bitcoin hits nine-month high amid banking crisis
Bitcoin holds $28K due to spot buying, but institutional investors are still selling
Cryptoverse: Bitcoin passes the bank stress test
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Ahead of Pivotal FOMC Meeting
Bitcoin Bros Can’t Stop Gloating About the Silicon Valley Bank Crisis
Texas House Introduces Bill To Protect Rights Of BTC Ownership
Investors who began DCA into Bitcoin at $69k ATH are now up 10%
Bitcoin surges as liquidity taps turn on
Bitcoin Prices Slips. The Fed Decision Will Be a Key Moment for Cryptos.
Bitcoin halving one year away; When will BTC price spike?
Bitcoin Booms in Wake of Bank Crisis
Hackers drain bitcoin ATMs of $1.5 million by exploiting 0-day bug
Bitcoin holds steady as crypto-market traders await Fed rate decision
OpenAI’s Sam Altman wants to convince billions of people to scan their eyes to prove …
BitBoy Crypto Accused of Threatening and Harassing Lawyer
Biggest Movers: XRP Hits 2-Month High, Despite Crypto Consolidation
SVB contagion: Australia purportedly asks banks to report on crypto
Central Bank saw ‘significant number’ of enquiries from crypto firms last year
First Crypto Lawsuit Reaches U.S. Supreme Court
Can Crypto Rally Keep Up? This Indicator May Suggest So
Bloomberg Crypto Full Show (03/21/2023)
White House Takes Aim at Crypto in Scathing Economic Report
Op-ed: Crypto and blockchain need a trellis, not just a weed killer, says Scaramucci
Australia regulator seeks risk reports from banks on startups, crypto -report
Addressing the ‘right to mine’ crypto
Bitcoin’s Bounce Risks Setting a Crypto Algorithmic Trap
Miami and New York’s Crypto CityCoins Meet With a Quiet Demise
Crypto lender Genesis files for bankruptcy protection
MetaMask enables direct crypto purchases in Nigeria
President’s Economic Report Blasts Crypto for ‘Ignorance of Basic Economic Principles’
SEC vs. Ripple verdict could come at pivotal time for crypto industry
Crypto Liquidity and the Future of Tokenization
Scratch Engine Launches Online Portal for Investing into the AI-Powered NFT Ecosystem
Blind Horse Winery Releases its First NFT-labelled Wine
Galxe Expands to Avalanche, Accelerating the Growth of NFT Communities Across the Ecosystem
Deadrop pre-alpha access will no longer require NFT
Taiwan financial watchdog to oversee digital assets, but not NFTs
Magic Eden Embraces Ordinals, Releases Bitcoin NFT Marketplace
Gaming Giant Nexon Taps Polygon for NFT Game MapleStory Universe
IRS calls for public feedback on taxing NFTs as collectibles
Cardano: Snoop Dogg’s Iconic NFT Collection Unveiled by Clay Nation
IRS issues NFT tax guidance
Multi-Chain NFT Platform Magic Eden Announces Expansion to Bitcoin
NFTs as collectibles: IRS issues guidance and seeks comments
Trump NFT prices climb as the former U.S. president faces possible arrest
Judge Rules in Favor of Artist in Lawsuit Involving ‘First NFT Ever Created’
Nexon heads into NFTs with MapleStory Universe and Polygon deal
Judge Dismisses Lawsuit Over Ownership of $1.47 Million NFT
How Does Gaming Influence The NFT Industry? Are NFTs the future of Gaming?
MoonPay and Julie Pacino Partner on First Film Inspired by NFT-Native Photography
K-pop star G-Dragon launches NFT on OpenSea with Fandom Studio, BNB Chain
NFT Real Estate Moguls in the New Frontier of the Metaverse
US, European Authorities Dismantle Darknet Cryptocurrency Mixer
Kaspersky on Twitter: “What is Cryptocurrency or Crypto? And how is cryptocurrency traded? We …
Bitcoin rises past US$28,000, most other top 10 cryptos gain
Crypto needs to look abroad as US exchanges go unbanked
INSANE Crypto Rally? 2 BIGGEST Crypto Opportunities
Why now is the right time for banks to get into crypto
Crypto Self-Custody a ‘Future Safety Net’: Animoca Co-Founder
Coinbase Heads to the Supreme Court in First Crypto Case
Crypto exchange WazirX blacklists over 2,431 accounts. Here’s why
$14 Trillion Earthquake: Fidelity And BlackRock Are Quietly Laying The Groundwork For …
Cardano founder says Credit Suisse denied him an account because crypto was ‘too dangerous’
Governor Ron DeSantis Wants to Outlaw CBDCs in Florida
10 Best Crypto Exchanges & Platforms of March 2023
SpankPay Adult Industry Crypto Payment Service Shuts Down