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What is the big advantage and disadvantage of investing in bitcoin?
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[QUOTE="Jasz, post: 209616, member: 61772"] Bitcoin is a decentralized digital currency. This means it is not controlled by a centralized bank or government, and it acts as an independent peer-to-peer network, like the internet. As the value of bitcoin goes up, the volatility scares some investors off from the market and their desire to buy bitcoin quickly diminishes, yet some investors are waiting for this moment to take advantage of this enormous opportunity. Bitcoin can be thought of as a new kind of currency, one that exists purely on networks and lacks any and all geographic association. Anyone with internet access can send or receive bitcoin regardless of their location, and anyone who has a bitcoin wallet (also known as an e-wallet) can spend their bitcoins by simply transferring the funds in question. This practical distance eliminates many barriers, including not only physical distance but also more subtle linguistic and cultural barriers. [/QUOTE]
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What is the big advantage and disadvantage of investing in bitcoin?
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