Despite the hype about how difficult and dangerous it can be, getting bitcoins is a lot easier and safer than you might think. In a lot of ways, it is probably easier than opening an account at a traditional bank. And, given what has been happening in the banking system, it is probably safer too.
Due to its Ripple exchange worldwide, Forex never sleeps. Since it is operating 24/7, you can enter or exit a trade wherever or whenever you like so long as you have PC and internet access.
Always one to try to understand the relation of economics and politics, I asked our Argentine contact what life was like for the average Argentinian in Buenos Aires. She related how expensive it was for the average person to purchase imported items. This resulted from their most recent economic crisis of 2001-2002. When I mentioned traveling overseas, she looked at me cross-eyed. There was no way this was possible for her without saving for quite some time.
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Imagine running of a something that never failed to provide you with cash-flow. A system so amazingly profitable that you never had to work for a boss ever again!
Thus then is as inconceivable the notion of the replacement of this age old form of currency, as was the concept of man or woman for that matter, taking to flight. People are used to things. They are comfortable with them. Change is not a boon. It is a burden. Not acceptable a notion is the notion of a currency alteration.
Disadvantages associated with Bit coins: 1.Since bit coins are also the way of private payment these currencies are also used for purchasing illegal things. 2. purchasing of bitcoins are usually not so easy. 3. There is also no refund when you buy bitcoins. 3. Since payment with bitcoins do not need name, address and information of purchaser, hence if any fraud happens then it is not easy to find that person. 4. In many countries bit coins are banned hence you cannot use it worldwide.