Bitcoin has been used as a means of payment since its inception. There are many reasons to use it for international payments and settlements instead of other currencies, including:
1- Increased financial privacy 2- Resistance to censorship and suspension 3- Neutral and global network 4- No need for permission or identity 5- Cost savings 6- Avoidance of economic sanctions 7- Available 24/7 8- Transparency and verifiability
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Bitcoin has been used as a means of payment since its inception. There are many reasons to use it for international payments and settlements instead of other currencies, including:
1- Increased financial privacy
2- Resistance to censorship and suspension
3- Neutral and global network
4- No need for permission or identity
5- Cost savings
6- Avoidance of economic sanctions
7- Available 24/7
8- Transparency and verifiability
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