What are the advantages and disadvantage of bitcoin? - letsdiskuss
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Sundaram Pandey

Fresher | Posted on | Education


What are the advantages and disadvantage of bitcoin?


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Student | Posted on


Bitcoin is a digital currency that can be sent fro one person to another without any mediator.Here are advantage and disadvantage of bitcoin are as follows:

Advantages of bitcoin:

1.It do not include banking fees.

2.Bitcoin payment can be done by mobile phones.

3.Bitcoin transaction cannot be changed.

Disadvantage of bitcoin:

1.Bitcoin has lack of security.

2.It has a risk of loss.

3.Cyber hacking.

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