30/05/2021
Initially, bitcoin was created as a tool for anonymous transactions, fast and cheap. At that time, banks were offering (and still making) international payments with insane commissions, mandatory confirmation of the source of funds, verification of identity and transfers that can be frozen or delayed for several days.
Bitcoin, on the other hand, allows for fast cheap transactions without identity verification. Anyone can create a wallet and use BTC at any time.
ď¸ However, over the past 11-12 years, the value of BTC has grown significantly, the load on the network has increased, and the fees on the Bitcoin network are no longer small. It's possible to pay $ 10- $ 20 for a translation, and sometimes even more.
⨠Therefore, new cryptocurrencies emerged with more technology solutions, such as UMI. The UMI cryptocurrency allows free transactions with instant speed all over the world. And as a nice bonus, you can Seteking and get new coins fast up to 40% per month.
âď¸ UMI is the future.