practice

in #introduction6 years ago (edited)


  • Almost for free (a few cents fee, regardless of amount $$$ sent).
  • Borderless (no country can stop it from going in/out or confiscate)
  • Trustless (nobody needs to trust anybody for it to work)
  • Privacy (no need to expose personal information)
  • Securely (encrypted cryptographically)
  • Permissionless (no approval from central powers needed)
  • Almost Instant (from seconds to a few minutes)
  • Open source (auditable by anybody)
  • Worldwide distributed (from anywhere to anywhere on the planet)
  • Censorship resistant (no government can stop its use)
  • Peer-to-peer (no intermediaries with a cut)
  • Portable (easier to carry/move than cash, gold and silver)
  • Public ledger (transparent, seen by everybody)
  • Scalable (each bitcoin is divisible down to 8 decimals)
  • Decentralized (distributed with no single point of failure)
  • Deflationary (its supply goes down with time until reaching 21 million ever)
  • Immutable global registry (can’t be altered/hacked by nobody)
  • No chargebacks-No fraud ('push' vs' 'pull' transactions).

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Welcome to d.tube. I hope crypto currency does go global.