Five Reasons to Use Bitcoin to Make Your Cashmere Purchases
Bitcoin, the newest type of currency, is becoming more than a curious form of payment system. Since it no longer commands media “trending headlines,” as a curiosity, you can be confidant when using it as more merchants accept this currency. There are some good reasons you should consider using bitcoin as your payment for purchases. Some of these solid reasons are noted below.
Some Reasons to Use Bitcoin to Make Cashmere Purchases
MyPashmina.co.uk offers a 10 percent discount for customers purchasing cashmere garments from us with bitcoin.
We offer only genuine cashmere products. You can see and feel the difference from lower quality “cashmere” imitation pashminas, including other garments and accessories, you can buy and wear our high-quality cashmere garments.
While bitcoin is still considered “alternative virtual currency,” it’s becoming more acceptable by many merchants around the globe. There are good reasons that bitcoin makes customers more confidant to take advantage of the many important features of this currency.
Bitcoin is fast, cheap, and easy to use.
Unlike cheques, banks need not place “holds” on your payments because you present a non-local cheque for the product(s) you want to buy. Instead of waiting for or paying bank fees for international wire transfers, bitcoin transactions are faster.
Since merchants (maybe, even you) pay for credit card transactions, merchants often charge higher prices for using credit or debit cards for e-commerce purchases. Paying with bitcoin involves no “swipe fees,” common with most card transactions, you enjoy minimal transaction fees or find that using bitcoin is free-of-charge.
Black hat hackers cannot steal your private, sensitive credit card information from merchants.
This is a critical advantage of using bitcoin for purchases. As hackers become more sophisticated, they often stay ahead of the most current security procedures offered by many merchants.
Black hat hackers cannot steal your card numbers, expiration dates, or CSV numbers, since you did not offer them to merchants. Hackers, therefore, have nothing to steal. Since the ‘Net was never designed for credit or debit cards, it is impossible to totally secure your private information. Since using cards (even, chip cards) are “card not present” transactions, merchants pay slightly more for your purchases and even temporarily need your private information for transactions. Efficient hackers have software that can create breaches in merchant security, leading to your sensitive information being stolen. Using bitcoin means your private information stays private and protected.
Bitcoin is a “private” currency platform.
Blockchain allows you to know what your balance is and track your bitcoin use and purchases. No one knows the name of the owner of an account. While people can see into your clear plastic wallet, it’s impossible for outsiders to know it’s yours.
Unlike bank or PayPal accounts, you own your bitcoin account.
If a bank believes you misused your account, they can “freese” your balance without discussing it with you. Since bitcoin involves both a “public” and a “private” key for your bitcoin address, unless you publish your private key information, no one can take away funds from your bitcoin account. It is safe, since you own it.
These are but five reasons (there are more) using bitcoin is more secure than using credit or debit cards for purchases. If you want genuine cashmere garments, visit mypashmina.co.uk and use bitcoin as your preferred payment. You’ll get a 10 percent discount and protect your sensitive card information.