What are the Pros And Cons of Bitcoin? Details of Bitcoin ...

Bitcoin Pros and Cons

I wanted to take a little "survey", let's call it that.What do you guys think what is Bitcoin's biggest advantage and biggest disadvantage?
To limit the number of inputs and opinions per one person, I'd like everyone to name only 1 Pro and only 1 Con.
At the end of each week I will update the topic with total results from everyone so we can see what drives Bitcoin users.
Remember: name 1 Pro and 1 Con about Bitcoin
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Bitcoin Pros and Cons

Many are attracted to Bitcoin by its independence and pseudo-anonymity. But its convenience of use, speed and costs are not always as attractive as one would like.
The main advantage of using Bitcoin for payment is you do not need a middleman, like a bank, to complete a transaction. In some cases, however, transaction speed and costs are a downside for this currency.
Pros
Cons

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The following post by simmie24 is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7iac2z
The original post's content was as follows:
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Thanks!
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As the Bitcoin boom continues, more people are taking it seriously as an investment and usable digital currency. But should you? We have compiled a list of 6 pros and 6 cons to help you decide whether or not Bitcoin is a good investment for you. Bitcoin mining consumes huge amounts of electricity. And high energy production has a detrimental effect on the already overburdened environment. ... Pros and Cons of Bitcoins . Posted in Finance and Business, Technology. Tagged in bitcoins, cryptocurrency, investment, technology. As with all big decisions, it makes sense to list the pros and cons of bitcoin investment. Pros of Investing in Bitcoin. It is the equivalent of digital gold. Priced outside what would be considered reasonable for a traditional currency altcoin, bitcoin has a price evaluation that is more comparable to gold than a foreign exchange (Forex) asset. The pros and cons of Bitcoin trading. 7th May 2020 6th May 2020 by Editor *This content is brought to you by CM Trading. The primary reason why Bitcoin is in demand is because it offers many of the advantages that traditional currencies simply cannot offer. Not so far back in late 2017, ... What Is Bitcoin – History, How It Works, Pros & Cons. By. Brian Martucci. Views. 4.4K. Share this Article. Facebook. Twitter. Pinterest. Linkedin. Email. Bitcoin is a virtual currency, or cryptocurrency, that’s controlled by a decentralized network of users and isn’t directly subject to the whims of central banking authorities or national ...

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