Why Is Bitcoin a Great Crypto Coin?

Bitcoin has been addressed as another big thing since the development of the internet. For more than 25 years innovators and cryptographers have been trying to come up with protected decentralized working digital money but no one succeeded until the bitcoin was invented. Numerous reasons are there for this but do you know what are the benefits and why bitcoin is a gamer changer? Many benefits are associated with bitcoins. Here are a few of them listed to give you an idea of what benefits bitcoins bring.

The benefits

1-     Bitcoin is permissionless

Conventional currencies and forms of money need permission to use by financial institutions, banks, and governments. Bitcoin needs no permission from anybody and is free and can be openly used worldwide. There are no limits and borders with it.

3-     Bitcoin is resistant to censorship-

Through computational work called PoW, no one can censor or block the transactions.

7-     Bitcoin is a push system