Bitcoin is giving a tough competition to all other digital Currencies. It’s a new mode of exchange. Century before people used to use gold and silver Coins to buy anything. There are several best selling place for bitcoin. Now with new technology paperless technology, bitcoin has raised its market. It has the freedom of payment. One can send money at anytime without worrying about bank holidays. It does not matter when you want to transfer money, now or a later part of a day, transfer money anytime without any extra fee unlike banks. The protocol of Bitcoin cannot be manipulated by anyone, not even by government officials as it’s cryptographically secure. It’s a Digital currency which gets converted into flat currency upon transferring. This Currency is growing more each day. Like anything else Bitcoin has its own flaws, but the advantages are likely to be more.
The transaction made by bitcoin cannot be reveres, so it’s not advisable to carry its information with you everywhere, to be aware of any crime or fraud. The expectation of Bitcoin is increasing with time and in no time this will be the best way mode of digital transaction. Often it’s used in Trading, it can be exchange anywhere around the globe. People want to get a long term investment then that’s bitcoin. There is no limit of any currency or amount for transaction.
If one wish to buy anything from abroad, bitcoin as be used as you don’t have to worry about currency conversion. With the new technology bitcoin will change the market and the world of commerce. Merchants can accept any amount of transaction without having to worry about any tax .It’s an advantage for both buyers and sellers. So, next time if any buyer offers you Bitcoin accept it without any fear.