Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: BITCOIN Is Essential For Your Success
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » BITCOIN Is Essential For Your Success
Technology

BITCOIN Is Essential For Your Success

Tribune Online
February 16, 2022
Share
Cities Where People Buy Houses with Bitcoin
Add as a preferred source

Bitcoin is essential for your success because it is a global currency that allows you to make secure payments without any third-party interference. Bitcoin is also deflationary, meaning that its value increases over time as more people adopt it. Bitcoin can be used anywhere in the world and Bitcoin providers such as Bitcoin Embassy constantly add Bitcoin ATMs, Bitcoin exchanges, and Bitcoin Era mining at a fast pace. 

Contents
  • Blockchain of Bitcoin
  • NO MORE THIRD-PARTY INTERFERENCE: 
  • NO MORE INTEREST RATE SETTINGS: 
  • Bitcoin IS THE FUTURE: 
  • Bitcoin PROVIDES GLOBAL ACCESS: 

Blockchain of Bitcoin

Bitcoin is based on blockchain technology that allows it to be decentralised, cryptographically secure, and unforgeable. Bitcoin also has an amazing community that constantly develops new technologies and improves existing Bitcoin infrastructure through Bitcoin open source software and Bitcoin hard forks like Bitcoin Cash.

NO MORE THIRD-PARTY INTERFERENCE: 

The main value of Bitcoin is its independence from any central authority or government. Bitcoins are digital coins you can send through the internet which take their power from cryptography and not from the mighty dollar or other fiat currencies controlled by banks and governments worldwide. The security of your money is maintained by YOU and Bitcoin private keys that you own. Bitcoin transactions are cryptographically secure and Bitcoin wallets cannot be seized or frozen unless the owner of the wallet does it himself. Bitcoin’s value is also maintained by people who run nodes on the Bitcoin decentralised network which verifies Bitcoin transactions, prevents fraud, and maintains Bitcoin’s security. 

NO MORE INTEREST RATE SETTINGS: 

If you do not own a bank account then setting up an interest-bearing savings account is very difficult for most people in third-world countries where financial services like checking accounts and savings accounts often require high fees even if you don’t have many assets to store inside these institutions. With Bitcoin, anyone can easily start saving money without requiring any third party to hold their funds or set up complicated interest rate settings. Bitcoin is based on Bitcoin blockchain technology, an open and public financial database controlled by no one but YOU. 

Bitcoin’s deflationary monetary policy makes Bitcoin a better way to store value than fiat money, especially when governments start printing more money and cause inflation in countries using that national currency. Bitcoin forces people to think twice before spending because Bitcoin value generally increases over time due to Bitcoin’s limited supply of 21 million coins.

Bitcoin IS THE FUTURE: 

There are many benefits of Bitcoin for both individuals and companies that use it as a payment system or investment vehicle for the volatile digital asset market. In recent years, Bitcoin has become very popular among merchants worldwide who prefer Bitcoin over other forms of payment because Bitcoin transaction fees are much lower compared to credit cards and Bitcoin transactions cannot be reversed by merchants. Bitcoin has risen in price and stability and Bitcoin volatility is reaching all-time lows. 

Bitcoin can be used to make secure payments online and in-person because Bitcoin transaction fees are much lower compared to debit cards and cash payment systems. Bitcoin also offers a better way of storing value than fiat money like the US dollar because Bitcoin does not lose its value over time like most national currencies such as the Mexican peso or Zimbabwean dollar which suffer from inflation every year.

Bitcoin PROVIDES GLOBAL ACCESS: 

With Bitcoin, everyone on earth has access to an open financial system that allows them to safely store savings in a cryptographically secure manner without any third-party interference. The main problem with using credit cards in third-world countries is that the Bitcoin network has much lower Bitcoin fees compared to credit card companies and Bitcoin transaction speeds are faster than credit cards. Bitcoin does not discriminate against people based on their jurisdiction or country of residence. Bitcoin is open for everyone, unlike banking services which can be very expensive and sometimes inaccessible to entire regions and continents around the world. Bitcoin will allow many third-world citizens to access financial services without costly bank accounts or memberships that were previously unattainable even if those citizens worked hard for years just to save up a few dollars in savings.

BITCOIN IS YOUR OWN BANK: Bitcoin gives you complete control over your money because Bitcoin private keys give you the ability to send bitcoins allocated to your wallets by another person or you can use a Bitcoin wallet to store your Bitcoin savings.


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


Previous Article Issues Facing Bitcoin Today Guide to Bitcoin and How It Will Change the Face of Finance
Next Article Why Bitcoin price is going up, Bitcoin price on Thanksgiving Day since 2010, Optimize Immediate Synergy, Bitcoin, How to Avoid the Risks of Investing in Bitcoin What is Satoshi Mining?

Most Read

  • 15-year-old FCT student wins 2026 UBA national essay competition
    15-year-old FCT student wins 2026 UBA national essay competition
  • FG operating many airports at loss — Keyamo
    FG operating many airports at loss — Keyamo
  • Sex is for marriage, Actress Juliana Olayode tells singles
    Sex is for marriage, Actress Juliana Olayode tells singles
  • 2027: INEC will obey Court order on Atiku's eligibility — Amupitan
    2027: INEC will obey Court order on Atiku's eligibility — Amupitan
  • Welcome to your new home, FUTA VC tells fresh students
    Welcome to your new home, FUTA VC tells fresh students
  • Ooni of Ife attends ex-wife Naomi's convocation at Elizade university
    Ooni of Ife attends ex-wife Naomi's convocation at Elizade university
  • JAMB resolves 50,370 complaints in three months, begins preparations for 2027 UTME
    JAMB resolves 50,370 complaints in three months, begins preparations for 2027 UTME
  • Pakistan: Tragedy as tiger kills teenager during TikTok shoot
    Pakistan: Tragedy as tiger kills teenager during TikTok shoot
  • Peter Obi out to divide Nigeria, lawless for snubbing national anthem — Wike
    Peter Obi out to divide Nigeria, lawless for snubbing national anthem — Wike
  • NELFUND disburses N375bn in student loans, seeks MDAs' support
    NELFUND disburses N375bn in student loans, seeks MDAs' support

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?