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What are the advantages and disadvantages of bitcoin?

One of the biggest advantages of Bitcoin is that it’s an accessible and versatile currency. It can also be used to purchase goods and services from the growing list of places that accept it. This may make spending money in another country and exchanging for other currencies easier, with the bonus of having no foreign transaction fees.

Is bitcoin a good investment opportunity?

Learning more about how Bitcoin works can help you decide if it’s a good investment opportunity for you. One of the biggest advantages of Bitcoin is that it’s an accessible and versatile currency. It can also be used to purchase goods and services from the growing list of places that accept it.

Why is bitcoin valuable?

Bitcoin is valuable because it has all the essential properties of paper money: acceptability, divisibility, durability, fungibility (interchangeability), portability, and scarcity. Whether you can physically touch the currency does not affect these six characteristics.

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