What are the potential advantages and disadvantages of using Bitcoin?

[Ratine]

For me l do prefer the usage of the altcoins and it's very cheap in terms of receiving payments

 

[Kosi G]

The advantage of bitcoin now lies in its value as an investment portfolio. It is to a large extent a profitable long term investment.

 

[Passiveearner]

Bitcoin transactions are irreversible and this is one of the key reasons why so many companies do not trust Bitcoin. There are many reasons why so many corporations do not trust Bitcoin. Bitcoin is not regulated by any authority.

 

[Rubz]

One potential advantage of using Bitcoin is the fact that it is considered a digital gold, serving as a reliable store of value. One potential disadvantage of using Bitcoin is it's value can fluctuate rapidly, making it a high risk investment.