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Topic: The reason we need cryptocurrencies (Read 11735 times)

sr. member
Activity: 698
Merit: 251
July 12, 2019, 11:22:32 AM
currency is developing is from its existence from exchanging goods to gold and paper currency now its digital , crytpo is next way of currency and many people will know the need for it in future 
member
Activity: 322
Merit: 20
Donating 10% to charity
July 12, 2019, 03:42:14 AM
my reason
1. investing in the world Cryptocurrency has a positive impact on my economic life, bro.
2. because investing in the Cryptocurrency world is my main job, bro.
3. I think investing in the Cryptocurrency world with discipline and patience will have a positive impact on profit

I just couldn't avoid but to quote this wonderful answer. Crypto is life bro.

I also would like to add that by investing in this technology we will be able to help shape the a better future for all of us and the ones that comes after, we are going to help it grow until it finally becomes an unstoppable monster that will change everything it touches for the better.

If something is not allowed to grow, how on earth will you see it's full potential? - It's pretty simple.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
July 12, 2019, 03:41:39 AM
my reason
1. investing in the world Cryptocurrency has a positive impact on my economic life, bro.
2. because investing in the Cryptocurrency world is my main job, bro.
3. I think investing in the Cryptocurrency world with discipline and patience will have a positive impact on profit

Really, a positive impact on your economic life? I would say any kind of investing that's relatively secure yes, but crypto if it's good for your life then it's because you got lucky. All of who did make money got lucky, let's not be too proud of it and recognize this. Don't let us for one moment think we got profits because we're good at this.
member
Activity: 630
Merit: 14
July 11, 2019, 02:25:54 PM
It seems to me that there is no need to mention negative memories of the banking system in order to express the fact that the cryptocurrency for humanity is very important.  Nobody forcibly sends people to banks, and therefore everyone can choose how to relate to the services of the banking system.  But the benefits of cryptocurrency for society will be very large.  First of all it is online payments, the second is the speed of transactions, as well as the security of transactions and your funds.
jr. member
Activity: 56
Merit: 5
July 11, 2019, 10:38:41 AM
Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.


its not about like it or not.

paper money supply only grow hence the value only will go down while the price in supermarkets/house/cars and other slowly go up...

do you know that smart criminals only inside the usa fake money one on one in the range of millions per day and the goverment print non stop....and after all this the usa is backed by 20 trillion and growing debt and all other paper money value is shit only one or two is great like euro and another one the other s value is shit and yet all they depend on the usd which can crash like greece,  in example its like to fuel car with hole ,,,,to much supply of paper  money which  mean the value only will go down and not other way again in different words there is huge vulnerability in paper money.


all what i wrote here recheck with expert economist.

crypto is also store of value and cash in the same time,,,,which mean people who store value in gold/diamond and fear the paper money after few crashes was in the usa where are the main banks in the world and greece crashed and other paper monies like india and russia and other their value is complete shit.....and the usd which all other depend on him backed by 20 trillion debt and growing....after all this rich people convert money to diamonds and some gold....which mean if they want to use it as money/cash they must to convert it to some other value(cash) in order to buy everything...which mean the selling rate of gold/diamonds will always grow in some sort of level which mean its hurt the value its like people sell bitcoin at the peak,

another point is bitcoin and other small supply coins are much more less in supply relative to gold/diamonds there is equation to know this...

another thing and last is crypto/bitcoin is store of value like gold/diamond and cash in the same time which mean the selling rate soon will fall drastically becasue we can buy almost everything and dont needed to convert them to paper money and this effect will surge the prices of crypto -- only low supply coins
full member
Activity: 756
Merit: 105
July 11, 2019, 10:28:46 AM
Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.


Caused by the development of the times so that the cryptocurrency was born to make it easier for people to transact in the online world, we know that itself is now very crowded which uses the internet for easy transactions or other things. there are many things that conventional money cannot do, for example transparency.
In cryptocurrency you can't lie transaction problems. And the second is that no one can manage, it's positive values ​​that make cryptocuttency needed.
Cryptocurrency provides convenience and comfort for its users in making transactions. because there are no third parties that banks can call among Cryptocurrency users. Cryptocurrency users make direct transactions between the user and other users.
therefore the central bank does not like the existence of the Cryptocurrency. this is my personal opinion. In addition cryptocurrency can provide many benefits to users and it is easier to find cryptocurrency than legal or legal currencies so that many internet users are more confident about cryptocurrency. In addition to promising for the future of cryptocurrency we can also use it now and whenever we need it again with amazing value
member
Activity: 87
Merit: 40
July 11, 2019, 07:55:17 AM
Actually, we have to look at the other side of cryptocurrency itself which is blockchain technology. The main point of the blockchain is decentralization which has no central authority but can still function properly. All things that occur are a personal authority without any coercion from any party. This is what really different from all the systems that are running today, all of them are centralized. The decentralized system is believed to be able to make all transactions or activities more effective, economical and efficient because they are carried out directly or peer to peer. This system is then studied to be applied in various sectors in the world from banking, industry, finance and much more. If the blockchain can really be applied and adopted in general, it will become a new history in human life.
newbie
Activity: 1
Merit: 0
July 11, 2019, 03:26:23 AM
We need cryptocurrencies because they solve several classes of problems. They do so by defining the supply of money through software rather than government, cutting out middle men, and having various properties such as faster transaction confirmation times. For these fundamental reasons, I believe that cryptocurrencies have a very bright future.
jr. member
Activity: 168
Merit: 2
July 11, 2019, 02:59:26 AM
my reason
1. investing in the world Cryptocurrency has a positive impact on my economic life, bro.
2. because investing in the Cryptocurrency world is my main job, bro.
3. I think investing in the Cryptocurrency world with discipline and patience will have a positive impact on profit
jr. member
Activity: 289
Merit: 3
July 11, 2019, 02:50:40 AM
Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.

in order to generate more returns on investment.
full member
Activity: 602
Merit: 100
July 04, 2019, 07:02:03 AM
The fees that those banks that subtly charge us is really huge when it's computed. Everytime we withdraw or transfer our money is really painful for ordinary people. That makes them very rich. But now it is time that cryptocurrencies are going to remove their privilege of stealing from us unnoticeably. The fees that we can save from the banks or remittances is already enough to lower the expenses of a family.
member
Activity: 588
Merit: 18
July 04, 2019, 06:43:56 AM
They are many reason we need cryptocurrency, because crypto is a digital money that is accept crossed the nation wide, through payment or purchasing of good, etc and is faster and transparent, for every transaction made, with out stress.  
member
Activity: 700
Merit: 10
July 04, 2019, 05:36:06 AM
Well, there’s a lot of things to be considered as advantages of cryptocurrencies. Aside from the advantages mentioned above, one of the best advantage it gives is, it gives the less fortunate individual in finding jobs to have the chance to earn and employ themselves by finding strategy on how to earn more in crypto. Though it needs capital to be able to acquire one single currency but there are also ways it gives to acquire them for free. Bounties, services paid in crypto and trading items with crypto and a lot more. You cannot find options as advantageous like these in the outside world unless one agree to rob a bank.  Grin
of course for now it's a good moment for bounty hunters, they can generate bitcoin and invest in the future. besides that, we are ready to compete in the competition for technological progress. so happy we are already familiar with bitcoin at this time

newbie
Activity: 22
Merit: 0
July 04, 2019, 05:20:26 AM
Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.
I agree, the banking system has never been perfect and people are used to not trust banks. Therefore, cryptocurrencies have become for people a breath of fresh air. Therefore, they have become so popular among people around the world. More independence and less control.
sr. member
Activity: 1092
Merit: 271
July 04, 2019, 04:54:33 AM
Well, there’s a lot of things to be considered as advantages of cryptocurrencies. Aside from the advantages mentioned above, one of the best advantage it gives is, it gives the less fortunate individual in finding jobs to have the chance to earn and employ themselves by finding strategy on how to earn more in crypto. Though it needs capital to be able to acquire one single currency but there are also ways it gives to acquire them for free. Bounties, services paid in crypto and trading items with crypto and a lot more. You cannot find options as advantageous like these in the outside world unless one agree to rob a bank.  Grin
hero member
Activity: 2366
Merit: 594
July 04, 2019, 02:44:24 AM
Main reason I think is to be free from banks. They charge higher fees compared to crypto. Transaction was made easier and faster because of crypto. You can send to any country without restrictions using cryptocurrencies. Also the price fluctuates so your holdings can grow compared to the interest that bank gives.
member
Activity: 630
Merit: 20
July 03, 2019, 08:52:54 PM
Cryptocurrency provides many benefit to people. We can earn profit from cryptocurrency without need on paying tax, cryptocurrency is like a bank which you can store and save your money, and the best part of it is that it is decentralized, no government can control it and dictate rules with it.

This is what the main reason why I also use cryptocurrency. We don't need third party, no one holds up our funds except us. We can easily access our bitcoin, good thing our country is still open about cryptocurrency. I do trading and it help me a lot in my financial status.
hero member
Activity: 1078
Merit: 501
July 03, 2019, 11:00:21 AM
If we want financial freedom in the future then I could say that cryptocurrency is the answer.
We are making our own banks here and we're making our own profit which is far from regulation and manipulation of the government.
Cryptocurrency plays a vital role in our community and if we'll value it, we'll gain a better financial situation in the future.
I would like to say that why we want cryptocurrency  for future?Huh?? Whats the main reason behind this???
We need crypto currency because it has good effect on our life and day by day we are getting rich with the help of crypto currency. it has given us more jobs to earn money, it is being use by us as job, as money and as future asset, crypto currencies are needed by us to make our life better according to development of system.
hero member
Activity: 938
Merit: 501
July 02, 2019, 05:45:21 PM
We need cryptocurrency  for our future is due to our current financial system,lets be real almost every government in this godly earth is corrupt,we can escape them by not entrusting them our money and making our computers our own bank.
And the technology advancement we are in,fiat currencies will be forgotten soon

I agree with most of the things you said. Many governments are corrupt. On the other hand cryptocurrency provides a freedom despite all of the risks. But i don’t think fiat currencies will be forgotten soon, i mean, it won’t be that easy.
Yes, freedom is the main reason we need digital currency without involving the government which is synonymous with corruption.
In addition, cryptocurrency can be used as a very safe and convenient alternative payment, cryptocurrency and fiat will continue to run together and will not replace each other.

We should appreciate more the freedom we get thanks to crypto. I also think that fiat and cryptocurrency will surely run together, i don’t expect them to replace each other. That’s a low chance for now. Totally agree with every word you said about that crypto can be used as an alternative payment. I mean, it’s actually the best alternative payment method in my opinion.
full member
Activity: 1498
Merit: 129
July 02, 2019, 12:03:53 PM
The reasons why we need crypto are many. take for instance, in my country, when you wanna make deposit in a bank, there is a special form you will fill if the total amount you are depositing is above certain amount. crypto will save time and energy, it will make buying and selling convenient with little or no charge unlike banks that charge exhorbitant fee for using there services. crypto prepaid card allow easy transfer and spending of crypto just like cash with any hidden charges both locally and internationally. my debit card issued by bank limit amount of money I can spend on international site.
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