wholesale copper sheet metal for jewelry making Is the virtual currency really good?

canoe jewelry wholesale There are advantages and disadvantages of virtual currencies. The following is an example of Bitcoin as an example:
The advantages of Bitcoin:
The freedom of payment-can pay for and receive any amount of funds in real time no matter when. No bank holiday, no borders, no strong restrictions. Bitcoin allows users to completely control their funds.
Extremely low fees-currently do not charge the handling fee for the handling of Bitcoin or only charge a very little handling fee. Users can include the fees in the transaction to obtain the priority of processing, and receive a transaction confirmation from the network faster. In addition, some merchant processors assist merchants to deal with transactions, exchanging Bitcoin to legal currency every day and directly depositing funds into merchant bank accounts. Because these services are based on Bitcoin, they can provide fees far lower than PayPal or credit card networks.
The risk of lowering merchants-Bitcoin transactions are safe, irrevocable, and do not include customer sensitive or personal information. This avoids losses caused by fraud or fraudulent orders to merchants, and there is no need to abide by PCI standards. In places where credit cards cannot use or have high fraud rates, merchants can easily expand new markets. The end result is lower costs, larger markets, and less administrative costs.
The security and control-Bitcoin users completely control their transactions; merchants cannot forcibly collect the costs that may not be or easy to find in other payment methods. Paying with Bitcoin can not bind personal information in transactions, which provides great precautions for theft of identity. Bitcoin users can also protect their funds through backup and encryption.
The transparent and neutral-all information about the supply of Bitcoin funds is stored in the blockchain, and anyone can test and use in real time. No individual or organization can control or manipulate Bitcoin protocol because it is protected by password. This makes the core of Bitcoin believe that it is completely neutral, transparent and predictable.
The disadvantages of Bitcoin:
In acceptance-still many people do not know Bitcoin. Every day, more companies accept Bitcoin because they want to benefit from it, but this list is still very small. In order to benefit from the network effect, more companies still need more companies to support Bitcoin.
This-The total value of Bitcoin in circulation and the number of companies using Bitcoin are still very small compared with their possible scale. Therefore, relatively small events, transactions or business activities can significantly affect its price. Theoretically, with the maturity of Bitcoin's market and technology, this fluctuation will decrease. There has never been any emerging currency in this world before, so it is really difficult to imagine how it will progress (at the same time exciting).
is in the development stage-Bitcoin software is still in the BETA version, and many unfinished functions are in the stage of active research and development. New tools, characteristics and services are in research and development to make Bitcoin safer and be used by more people. Some of these functions are not available to every user yet. Most Bitcoin business is emerging and does not provide insurance yet. Overall, Bitcoin is still in the process of maturity.
The well -known virtual currency is the same (for example, Fuyuan Coin, Litecoin, Dog Coin, etc.).

wholesale fashion jewelry lead and nickel free What's the meaning