Today it is still very common that sending money anywhere in the world entails significant fees or commissions due to the large number of intermediaries in the process. This include: Commissions by bank transfer, commissions for accepting or using credit or debit cards, commissions for using “sending money” services or commissions for using “online payment” services.
In Bit coin there are no intermediaries and money goes directly from person to person: from buyer to seller or from private to private. This reduces the cost of distribution cash considerably and also allow you to put up for sale crop and services at a fairer cost.
Bit coin offers security to the buyer and the seller.
in the past all income of sum or loot have had safety problems. Computer troubles have cause the robbery of thousands of recognition card information, leaving defenseless buyer who have suffer significant losses. Bit coin is also preferable to additional online compilation system, particularly for the vendor. Bit coin deal fees are very near to the ground and there is no danger that fake buyer and scammers that reverse the payment, staying with both the product and the money.
Finally, the individuality of this virtual money let the page to set up a trust repair (escrow), ensuring that the seller only receives the money if the product has successfully reached its destination. This is frequently used in auction pages and sale of second-hand products.
Virtual currencies are a market that never stops.
What is bitcoin?The cost of Bit coins is amazing that by no means stop, evidence of this is that their market is negotiated 24 hours a day, 365 days a year. Having this feature, there is a lot of community behind, such as this crypto currency forum where there is the largest Spanish community of Traders, both Bit coin and other crypto currencies.
- It does not belong to any State or country and can be used all over the world equally.
- You can buy bit coins with Euros or other currencies and vice versa, like any currency.
- No intermediaries: Transactions are made directly from person to person.
- It is decentralized : it is not controlled by any State, bank, financial institution or company.