Even the government that is elected by the public is accusing the usage of Bitcoins, there are no views so far from a common man’s point. What does the public think about it? Are they good with this cryptocurrency? Are they useful for the buyers as they said to be? Is it the best way to decentralization of money? Is it true about the free Bitcoin?
Questions, questions and more questions will arise when it comes to a controversial topic which finally leads to the disagreement between both the parties. Here is a piece of mind from the commoner, though it is not going to matter anyway.
As a commoner, the first and foremost point that is needed for the family is the safety of the money. So far the Bitcoins system proves to give it but still, there are problems which are arising here and there making them susceptible to the change of decision.
What is an online platform without the guarantee for the returns? Then comes the guarantee of the returns. Is the Bitcoin able to provide at least a bit of reason to use it? Well, there are actually tons to be considered such as,
- Fast payment.
- Low-interest rates.
- Centralised currency control.
There are a lot of exchangers developed with the growth of the Bitcoins which makes it easier and faster to pay or withdrawing from the wallet. Also, the exchange rate of Bitcoins is unbelievable.
When compared to a banking service, the tax and other charges applied will be like half of the amount you are paying in there. When it offers a low interest means the remaining balance is a saving for the family.
Centralised currency control:-
Does the Bitcoin system offer centralization in money? The answer is huge yes among the commoners. This system is offering as much as centralization it can to the users, with the fluctuating world economy. The main reason for which they are welcomed by us but accused by the bankers. Plus the increasing opposition for the bitcoins only serves to gain curious clients for the hero.
Bitcoin payment mode:-
In the credit card and a debit card filled the world, what would happen if Bitcoins card comes into existence? Well, there is no need for much calculations almost everyone will shift to the BC mode including myself.
Almost forgot about to include them. Just like the cashback offers provided by the banks these free Bitcoins are one of a kind which is used as online trafficking booster by the bloggers and influencers. Anyone would be happy to receive a few extra bucks for simply watching or playing a game.