pros and cons bit coin

pros

 1)convenience
bit coin is a border less. You can trade money with anyone around the world.


2)Free from bank fees
if you don't use bit coin then you will have to transfer money and then you will have to pay fee. Then you will not have enough money that you were going to give to who ever your sending it to.


3)Free from government taxes
If you were giving money to a person you will have to pay taxes to the goverment but if yo use bit coin then the government is not involved and then you can give the person money with out any fees.




cons

1) sponsors undesirable activity
bit coin can be used by thieves ,burgles , and criminals. It can be used by black mailers. It can be used by terrorists to buy weapons and organize attack.



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