Test Bank Bitcoin Payment
Our valued customers, it is a pleasure to announce that, upon your request, we are going to launch a versatile and user-friendly Bitcoin payment gateway soon. Such a unique combination of high-tech and finance, Bitcoin’s pervasive framework is impressive. Never heard of Bitcoin?! Let me inform you that it is decentralized, peer-to-peer, cryptocurrency system designed to enable users to process their transactions through virtual units of exchange. These are called Bitcoins. As a matter of fact, Bitcoin, as payment method, has many advantages that you should be aware of.
Advantages of Bitcoin
Secure, Safe and Controllable
Bitcoin transactions are discrete; they can be made without revealing one’s identity. Hence Bitcoin address changes with every transaction, the user’s personal information is protected against identity theft. Moreover, no one can steal your Bitcoins unless they have access to your device.
No Third-Party Intervention
It is free from governmental and political interference or any financial intermediaries. Hence Bitcoin is entirely peer-to-peer payment system, its users enjoy a greater degree of freedom than with forms of currency.
Simple and cheap
Bitcoin is different from conventional methods of payment. Once you have Bitcoins, it means that you have the money and that's that. Transaction costs are very low because there are no financial intermediaries or governmental involvement of any kind.
It is impossible to implement a taxation system over Bitcoins, as no third-parties can catch or seize Bitcoin transactions.
Fast and Mobile Payment
Bitcoin users can send and get their money anywhere in the world at any time. All they need is access to the internet. Buyers never have to worry about visiting banks to get their transactions done or stores to buy what they need. Moreover, payments can be made internationally within ten minutes without any concern about currency conversion.
In short, Bitcoin is a palatable and secure payment approach which is about to change the world’s economy.