Why do I want Bitcoins?

Last Updated: Sep 05, 2014 04:38PM HKT

Bitcoins are growing increasingly popular and provide an alternative to government issued and fee-imposed currencies. Bitcoins are:

  • Available and used everywhere in the world
  • Cannot be counterfeited
  • Cannot be diluted
  • Can be used online or in person
  • Not regulated by any central bank or authority. Your Bitcoins can not be seized. Not linked to any bank account. Nor is there any monthly or annual fees
  • Transferred between users like an email
  • Relatively private, with no risk of identity theft
  • Safe. Transactions are irreversible unlike credit cards
  • Reliable. You can backup and restore your Bitcoins
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