Bitcoin is one of the worst of the cryptos. About all it has going for it is its notoriety.
Bitcoin is the most powerful computing network on the planet.
We're going to need evidence for the claim. Even if true it means nothing as it is so unbelievably inefficient that only c400,000 transactions per day are possible.
No other cryptocoin comes close on security. What it has going for it is that nobody can corrupt it's open ledger of account. Not hackers, not government.
Well, that's not unique to Bitcoin. This idea was not patented and has little value to the holder of bitcoin.
Nobody needs to rely on a third party to make a transaction.
What about the 400,001th person who wants to do a transaction today?
No banks required.
Shame, I like banks, have large equity positions in banks. Does this mean the banks will have no more use and all go bust?
Buy and seller can be anywhere in the world and have their transaction confirmed in 10 mins.
Why so long? I can do the same thing in a matter of seconds with my [bank intermediated] credit or debit cards.
Nobody can do a charge back and recover the funds.
That's a shame. How do I get my money back when a retailer has cheated me?