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I prefer Bitcoin to fiat. What's your preference?

About Fiat:

  1. Control
    You don’t control your money
    Freezing your account or just withholding your funds.
  2. Complicated structures and regulations
    Merchants spend a lot of money to comply with all the regulations set by central authorities.
  3. High transaction fees
    Credit card companies and online wallets, charge 1% to 3%
  4. Payment limits
    Most cards have a payment limit per day or per month.
  5. Chargeback
    Charge-back basically allows the consumer to dispute the payment, even if everything went by the book.
  6. Country restrictions
    How can you grow your business if you reject some of your clients? Or you need to set up multiple payment gateways for different geographical regions?

Bitcoin:

  1. Cheap
    The average price of transactions via Lightning Network is just a few cents. Even if you send 1 million.
  2. Fast
    Transactions via Lightning Network take only few seconds.
  3. Secure
    Only you have access to your funds. You become your own bank.
  4. Easy
    There’s no bureaucracy, you can start accepting Bitcoin payments right away and set up everything in within a few minutes.

And most importantly:

  1. Decentralized
    Everyone from any part of the world can send money to anyone they want without the intervention of any middleman.

Bitcoin is the definition of financial freedom.

I prefer Bitcoin to fiat. What's your preference?