One of the most frequent questions from those who are just learning about cryptocurrencies are questions like "Why do you need Bitcoin?", "What are the advantages of Bitcoin?", "What can Bitcoin give me?"
For banks, transfers between accounts take 3-5 working days on average, and maybe more if these are foreign transfers. In cryptocurrencies, transactions are instant. However, when working with large amounts, it is recommended to wait for several confirmations of the transaction by the network, this usually takes no more than an hour.
Cryptocurrencies use proven cryptography to store access keys to funds, with a distinction between public and private keys. Banks and other financial institutions use similar algorithms to protect their data. And the total computing power of the Bitcoin network, which is used to protect the history of transactions, in 2012 exceeded the computing power of any supercomputer in the world.
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Bitcoin is becoming more and more popular and in demand for mutual settlements, for investment, etc. Every year more and more people are interested in buying bitcoin.
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