[A] Like Paper Cash, but Online
In everyday use, National bitcoins are like numbered paper cash bills. There are no intermediaries between payer and payee. Payments can not be rejected, delayed, detained, or sent back. There is no one to force chargebacks. No one, not even officials, can block accounts. By default, accounts and transactions are anonymous: transactions can be tracked but can not be easily associated with anyone. No ID, no email, no any other identifier is required to accept payments, store money, and pay. Storage is secure and free. No subscription fees of any kind. No payment limits. No maximum daily or monthly amounts. There are no cross-border controls and tolls.
[B] Payments Can Reach Anyone
A blockchain address is all it takes to send money. You can pay anyone, including unbanked and sanctioned people, and those living in hard-to-reach territories. You can even “upload” money for general delivery to those you don’t know personally using their social network usernames.
[C] Great for Merchants
As economic fragmentation is growing and the connectivity of the global banking system falters, merchants will soon be preferring cash and cryptocurrencies. To accept National bitcoins, merchants need no POS device.