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The Truth About CRYPTO - Pt1Like any currency, there are disadvantages associated with using Bitcoin: Bitcoins Are Not Widely Accepted. Bitcoins are still only accepted by a very small. 10 advantages of bitcoin � 1. Store of value � 2. Outsized returns � 3. Self-custody � 4. Decentralised � 5. Permissionless � 6. Secure � 7. 24/7 � 8. Fixed. Bitcoin is the first and most valuable cryptocurrency. Learn what it is, how it works, and the pros and cons.