WHAT ARE ADVANTAGES OF BITCOIN?
PAYMENT FREEDOM - It is possible to send and receive Bitcoins anywhere in the world at any time. No bank holidays. No border. No bureaucracy. Bitcoin allows its user to be in full control of their money.
CHOOSE YOUR OWN FEES
There is no fee to receive Bitcoins, and many wallet let you control how large a fee to pay when spending. higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it's possible to send 100,000 bitcoins for the same fee it costs to send one Bitcoin. Additionally, merchant processors exist to assist merchants in processing transactions, converting bitcoins to full currency and depositing funds directly into merchants' bank accounts daily. As these services are base on Bitcoin, they can be offered for much lower fees than PayPal or credit card networks.
FEWER RISK FOR MERCHANTS - Bitcoin transactions are secure, irreversible, and do not contain customers' sensitive or personal information, this protects merchants from losses caused by fraud or fraudulent chargebacks, and there is no need for PCI compliance. Merchants can easily expand to new markets where either credit card are not available or fraud rates are unacceptably high. the net results are lower fees, larger markets, and fewer administrative costs.
SECURITY AND CONTROL -
Bitcoin users are in full control of their transactions; it is impossible for merchants to force unwanted or unnoticed charges as can happen with other payment methods.
Bitcoin payments can be made without personal information tied to the transaction. this offers strong protection against identity theft. Bitcoin users can also protect their money with backup and encryption.
TRANSPARENT AND NEUTRAL - All information concerning the Bitcoin money supply itself is readily available on the block chain for anybody to verify and use in real-time. No individual or organization can control or manipulate the Bitcoin protocol because it is cryptographically secure. This allows the core of Bitcoin to be trusted for being completely neutral, transparent and predictable.