Topic: its all ease with crypto (Read 331 times)
Debatable. Yes, big programs to any country in the world are not a plus. But I can steal them much easier than in a bank. Usually the bank pays for everything if the money was lost through their fault. Cryptocurrency is now becoming more and more open, which really scares me.
And you don't have to pay too much fee when you are transferring huge amount of money from your bank account. You don't have to wait for a day or two or more than that just for your transaction to be completed.
A lot of things have changed when we started to value crypto and this is the money of the people. No centralization, no gov't who's controlling it but now they are involving themselves and passing the local exchanges to provide KYC as per rule.
A lot of things have changed when we started to value crypto and this is the money of the people. No centralization, no gov't who's controlling it but now they are involving themselves and passing the local exchanges to provide KYC as per rule.
The cryptocurrency is still in its infancy and there is still a lack of killer-level applications. Many projects have not yet found a profitable approach, or they need innovative development.
Furthermore, you need to mention that commission fees are around zero. If you are using LTC to transfer 100 million dollar, you will pay less than one dollar fee in crypto and around 5 percent in traditional banks.
Yeah. Cryptocurrencies are so great and come with series of advantages but the problem is their volatility which can make you lose a large sum of your money in just a nick of time. Just imagine what has become of those that bought ethereum when the price was $800 in 2019 & when bitcoin was above $19,000.
I don't think you interpret it well, if you complained about carrying cash to each place, then we already got digital money and internet banking, crypto currencies are more for freedom of transaction, eliminate the third party when doing transaction, and you can do your transaction without reveal your id
Yes this era is the time of digital world. So we all want to go digital ranging from digital money. Cryptocurrency has made it easier to transfer money from one place to another and it is cost effective as well. It has also helped the people around the globe in various ways.
2) No one will know your worth,which means you are saved from preying eye or criminals who can rob you of your cash in your home.
You haven't heard of hackers? Of course if you have millions of fund, you wouldn't put it where it can be stolen right? Or maybe not. Exchanges and people are getting hacked.
I think those people who dislike crypto are people who don't have enough knowledge about crypto features and uses because all we know the main use of crypto is to make our transations more easy and comfortable. But I don't blame others for hating bitcoin because they are only afraid about fraud and scam that are now so many cases using online transactions.
therefore we have to start adopting crypto from ourselves, family, local communities to introduce and popularize crypto. when they enjoy the benefits of crypto, they will also refer other people to use crypto, so that mass adoption will slowly be achieved 
Its all ease with using crypto 100%
1) Gone are the days when i have to get down to the bank to deposit money into my savings account,in my country,banks are always very crowdy and most times you have to be on queue to safe money or withdraw
2) No one will know your worth,which means you are saved from preying eye or criminals who can rob you of your cash in your home.
3) I can move thousands or even millions of dollars with ease to my bank account without leaving my house,so stress free
i wonder who wont want to use crypto because its just way better and safer than carrying big cash to the bank apart from the earnings you can only get when you invest in good coins.
1) Gone are the days when i have to get down to the bank to deposit money into my savings account,in my country,banks are always very crowdy and most times you have to be on queue to safe money or withdraw
2) No one will know your worth,which means you are saved from preying eye or criminals who can rob you of your cash in your home.
3) I can move thousands or even millions of dollars with ease to my bank account without leaving my house,so stress free
i wonder who wont want to use crypto because its just way better and safer than carrying big cash to the bank apart from the earnings you can only get when you invest in good coins.
Not all people like to use bitcoin and not even know what is bitcoin but don't worry , the most important is the establishment will accept bitcoin as an alternative payments so that we can easily transacting to them anytime .
We can make everything easier but remember this also dude those people are not adopting crypto is not familiar with crypto. I can say some old economic believers is always defending its argument if crypto has bring nothing to the human's life.
Majority of them still need more education.
Traditional centralized economic believers will ignore crypto.
Majority of them still need more education.
Traditional centralized economic believers will ignore crypto.
Its all ease with using crypto 100%
1) Gone are the days when i have to get down to the bank to deposit money into my savings account,in my country,banks are always very crowdy and most times you have to be on queue to safe money or withdraw
2) No one will know your worth,which means you are saved from preying eye or criminals who can rob you of your cash in your home.
3) I can move thousands or even millions of dollars with ease to my bank account without leaving my house,so stress free
i wonder who wont want to use crypto because its just way better and safer than carrying big cash to the bank apart from the earnings you can only get when you invest in good coins.
1) Gone are the days when i have to get down to the bank to deposit money into my savings account,in my country,banks are always very crowdy and most times you have to be on queue to safe money or withdraw
2) No one will know your worth,which means you are saved from preying eye or criminals who can rob you of your cash in your home.
3) I can move thousands or even millions of dollars with ease to my bank account without leaving my house,so stress free
i wonder who wont want to use crypto because its just way better and safer than carrying big cash to the bank apart from the earnings you can only get when you invest in good coins.
With all benefits you listed, the only thing crypto's missing is an escrow. Unlike bank transfers, there are no way of claiming a fradulent transaction in crypto. Once the coins are sent, they are sent. So we also need an automated service that would act as an escrow to make crypto transfers the payment system of choice for the people.
Its all ease with using crypto 100%
1) Gone are the days when i have to get down to the bank to deposit money into my savings account,in my country,banks are always very crowdy and most times you have to be on queue to safe money or withdraw
1) Gone are the days when i have to get down to the bank to deposit money into my savings account,in my country,banks are always very crowdy and most times you have to be on queue to safe money or withdraw
I agree, the only drawback is that you need to have internet.
2) No one will know your worth,which means you are saved from preying eye or criminals who can rob you of your cash in your home.
Good for you, but I have seen some people bragging about how much they worth specially with their bitcoin and that is very wrong because they can physically rob you anytime.
3) I can move thousands or even millions of dollars with ease to my bank account without leaving my house,so stress free
Yep, it will cost cheap. Lucky you if you have millions already.
i wonder who wont want to use crypto because its just way better and safer than carrying big cash to the bank apart from the earnings you can only get when you invest in good coins.
Its because crypto are fairly new and others doesn't want to take that risk. We are what? barely 10 years old so lets give it some time and probably in the next 10 years we will see it being adopted.
cryptocurrency is very good and makes transactions easier. but you have to take into account the weakness of cryptocurrency as well, you have to realize that the price of cryptocurrency is very volatile and can change at any time. You must really understand crypto and when you will use it.
Its all ease with using crypto 100%
1) Gone are the days when i have to get down to the bank to deposit money into my savings account,in my country,banks are always very crowdy and most times you have to be on queue to safe money or withdraw
2) No one will know your worth,which means you are saved from preying eye or criminals who can rob you of your cash in your home.
3) I can move thousands or even millions of dollars with ease to my bank account without leaving my house,so stress free
i wonder who wont want to use crypto because its just way better and safer than carrying big cash to the bank apart from the earnings you can only get when you invest in good coins.
1) Gone are the days when i have to get down to the bank to deposit money into my savings account,in my country,banks are always very crowdy and most times you have to be on queue to safe money or withdraw
2) No one will know your worth,which means you are saved from preying eye or criminals who can rob you of your cash in your home.
3) I can move thousands or even millions of dollars with ease to my bank account without leaving my house,so stress free
i wonder who wont want to use crypto because its just way better and safer than carrying big cash to the bank apart from the earnings you can only get when you invest in good coins.
Rightly said. But some people are really making wrong attempts to make this not to happen by means of making lots of scams for really short term gains. This should stop. Then we can achieve a lot.
actually, I think crypto if applied to replace real currency is a good idea, but of course there are some parties who disagree with this because it makes them lose and if crypto is applied for what banks are made? it's better to keep it in a private cold / hot wallet.
At the moment, we enjoy only a small part of the capabilities of the cryptocurrency, because it has not yet received global adoption.
for now we have to be patient with the crypto. because I am pretty sure that sooner or later the crypto will soon be adopted by the state. so I think we have to believe this all. although now there is no certainty from the government about the adoption of crypto.
Personally I feel what you feel about the new technology, its the power to stay anonymous while doing your own thing on the internet without others or anybody spying on you. Some of my transactions currently are been done using cryptocurrency and I don't regret doing it at all. We have suffered in the hands of the government and here we have our freedom.
yeah, this sounds good in theory but in reality "crypto" is not adopted yet specially since you posted this in the altcoin board which is double surprising since none of the altcoins are even used in the real world as an actual currency....
so for now we are stuck with fiat and in some cases we can use bitcoin since that is the only "crypto" that has any real world adoption as a real currency.
Bitcoin is not the only crypto facing real good adoption rate,i use ethereum alot and many people invest in ethereum as well,even now that ETH keeps losing value some investors are still taking advantage of its lower price and keep buying,i use altcoin more than bitcoin this year alone so for now we are stuck with fiat and in some cases we can use bitcoin since that is the only "crypto" that has any real world adoption as a real currency.
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