What is BITCOIN?
Bitcoin is the first decentralized peer to peer payment network that is powered by its users with no central authority or middlemen.
- First mover advantage.
- Largest liquidity in market.
- Largest user base in cryptocurrency ecosystem.
- Scalability issues. Although future upgrades such as Lightening network could help to solve this.
- High transaction fees.
- Slow transaction confirmation times.
- Low anonymity.