Why would someone use Bitcoin?

The Bitcoin network is used to only send/receive Bitcoins and nothing else. So you must be wondering why there would be demand for Bitcoin.

Here are some reasons why people use Bitcoin:

• The major advantage of using Bitcoin is that it makes sending and receiving payments anywhere in the world easy and fast
• Online payment transaction fees are expensive compared to Bitcoin transaction fees
• Hackers can steal your payment information from merchants, but in the case of Bitcoin, stealing Bitcoin addresses is completely useless because for a transaction to be valid, it must be signed with its associated private key, which the user doesn't need to share with anyone to make a payment.