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05. Pros and Cons Uncategorized

Transactional freedom

Bitcoin transactions don’t carry with them the same level of fees and legal hurdles that encumber traditional currencies. International Bitcoin transactions are no different than local ones and fees charged tend to be generally far lower than other modes of digital payments such as credit card and PayPal.

Furthermore, because Bitcoin is a decentralised system unanswerable by any particular entity (e.g. a Central Bank), there is little or no risk of the currency being manipulated or your assets stored in it being seized.

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