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Topic: The reason we need cryptocurrencies - page 10. (Read 11735 times)

member
Activity: 72
Merit: 10
June 02, 2019, 10:56:48 AM
#67
Transactions with the use of cryptocurrencies are transparent and i believe this would be a great tool to correct all the numerous corruptions that are going on all over the world.
full member
Activity: 1470
Merit: 148
June 02, 2019, 08:06:42 AM
#66
Cryptocurrency gives me freedom of earn and no third party involved here. If i invest flat money there are many restrictions by government and money londering situations if i transaction lots of money. There crypto currency gives me free fair involvement. So i love it from my best.
besides cryptocurrency provides freedom, another thing is cryptocurrency provides a lot of benefits in trading and providing profits. so that's our main reason for needing cryptocurrency.

In addition, the best reason why am still in love with cryptocurrency today, which is not either, is the anonymity which is truly involved in these cryptocurrency. Although these reasons differs from individuals who show interest on investment into the cryptocurrency.   
legendary
Activity: 1274
Merit: 1004
June 02, 2019, 07:57:07 AM
#65
There are literally a lot of reasons to use cryptocurrencies in the future because we have been ruled by government and banks for couple of years maybe like 500 years but still we can see they are just using us as a money making a cow. Cryptocurrency gives us freedom and a lot of opportunities to make money.
copper member
Activity: 327
Merit: 0
June 02, 2019, 04:57:07 AM
#64
Cryptocurrency are modern currency, and cryptocurrency also have other functions as investments, and therefore cryptocurrency are very much needed.
hero member
Activity: 938
Merit: 501
June 02, 2019, 04:27:34 AM
#63
I admire the use of cryptocurrencies in making transactions based because of how fast and transparent it is. I have been a victim of making a transaction with the bank which took over a week to confirmed at the other end. Transactions through our banks would have to go through a whole lot of approvals before finally releasing the funds. This is not so with the use of cryptocurrencies, it's all freedom and i love it!
newbie
Activity: 2
Merit: 0
June 02, 2019, 03:41:34 AM
#62
Electronic money I find necessary, because it makes us more convenient in transactions. Irrespective of keeping this national currency from another country. That is the trend of world currency, with modern and convenient style.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
June 02, 2019, 03:22:12 AM
#61
Satoshi Nakamoto was clearly pointing out that the goal of Bitcoin was to provide for an alternative P2P payment option that are not linked to centralized control and manipulation and Satoshi mentioned that in the Bitcoin Whitepaper and hinted at that with the message in the Genesis block.

I think Satoshi achieved that goal, because millions of people have used Bitcoin as a currency and they transfered and used money without having to go through any Bank or centralized financial institution like PayPal.  Grin

full member
Activity: 574
Merit: 100
June 02, 2019, 02:56:15 AM
#60
Many reasons why we need cryptocurrencies in this world first is we can earn a lot of money without any tax, no government involve, no hassle, Only yourself can control your funds and i think that's the most important.
sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
June 02, 2019, 02:51:42 AM
#59
Cryptocurrency gives me freedom of earn and no third party involved here. If i invest flat money there are many restrictions by government and money londering situations if i transaction lots of money. There crypto currency gives me free fair involvement. So i love it from my best.
besides cryptocurrency provides freedom, another thing is cryptocurrency provides a lot of benefits in trading and providing profits. so that's our main reason for needing cryptocurrency.
sr. member
Activity: 403
Merit: 257
June 02, 2019, 02:30:18 AM
#58
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.

cryptocurrency  is so revolutionary because it allows to exchange value directly between parties. It doesn’t require that these parties trust each another, or that they trust an intermediary. It replaces trust in central organizations with trust in source code.
full member
Activity: 644
Merit: 117
swing!
June 02, 2019, 01:56:19 AM
#57
Arguably existing bank system do convenient enough for people to easily transact money through many channels, is an service industry and comprehensive. But since crypto allow cross-border transactions super easy, it opens up new opportunities businesses. I would consider crypto is totally another side of concept when it comes to circulation, you are truly owning your crypto with no oracle levels, it gives you close to full anonymity. Owning fiat/crypto 50 50 seems like my projected future, of course the price is awesome and we would like the first adopters that gains most of the benefit of this rising technology.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
June 02, 2019, 01:13:10 AM
#56
we need "bitcoin" and possibly a handful of alternative cryptocurrenices (to be created in the future not the ones that exist) to offer us the freedom we wanted with decentralization, to cut the middleman and eliminate their corruption.
but we don't really need thousands of cryptocurrencies that are growing like mushrooms and do nothing else but waste resources and make a lot of newcomers bankrupt with their false advertisements and market manipulations.
member
Activity: 546
Merit: 10
June 02, 2019, 01:09:47 AM
#55
Everything is going digital as in literally everything is shifting towards technology and making our daily lives much easier. Traditional way of using money is already changing, physical stores are getting less and less sales and online shopping is booming!
member
Activity: 630
Merit: 20
June 02, 2019, 12:34:16 AM
#54

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.

This cryptocurrency made my life easier for paying bills, etc. But the best part is that we can perfectly monitor our own money with our digital wallets without going to the banks.
I don't need to pass many documents to the third parties. Also, it really amazed me that  I can make profits out of crypto tradings. Sometimes, this kind of technology makes me think that it is a blessing for me.
hero member
Activity: 966
Merit: 535
June 01, 2019, 09:10:59 PM
#53
We need crypto so we can have work xP Seriously how else will I be paid I will never accept paypal or some silly nonsense like that. For me, that is why I need crypto. I think its a pretty good reason.
I like earning in crypto through various methods and payment is quick. The one thing I do not like is waiting on bounty payments. We often wait too long. Luckily I diverse my invested time just like I diversify my crypto portfolio. Which brings me to my second point. I would not have investments if not for crypto. I stake coins and have done so for the past 2 years 24/7 PC running my wallets staking away. Made good money. It is difficult to break even but once you do its great.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
June 01, 2019, 07:22:59 PM
#52
Cryptocurrencies are result of development of new technologies, they represent progress. Also people needed some alternative to traditional payment methods and to traditional economy and financial systems, to get the opportunity to step back from the banks and way they do their business, to have something that is decentralized and independent. So cryptocurrencies will continue to develope and evolve and to enter into our everyday life.
member
Activity: 473
Merit: 11
June 01, 2019, 06:45:36 PM
#51
And the technology advancement we are in,fiat currencies will be forgotten soon
FIAT will be forgotten soon? Really? I disagree. FIAT will never be forgotten and will still be the primary mode of payment around the world while BTC serves as an alternate payment option in comparison.

What many people fail to realize is that BTC and the cryptocurrency market too is centralized to an extent though it is still far better when compared to completely centralized FIAT currencies.

Yes, many people misunderstanding about the terms and the existence of the cryptocurrency itself. If cryptocurrency exist and it can help our economic for being better then just let this thing flow. No matter how cryptocurrency will affect i'm sure FIAT will just be fine with the existence of crypto and vice versa.
member
Activity: 994
Merit: 20
June 01, 2019, 06:06:34 PM
#50
People like their being decentralized currencies. In addition, cryptocurrency is more futuristic than today's currencies. It is digital and we won't need to carry money in our wallet.
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
June 01, 2019, 05:51:56 PM
#49
I need crypto currency because crypto trading and investment give me a lot of profit.  the crypto world satisfied me.  I can buy anything with crypto.  even though there are no merchants that accept crypto directly.  but converting crypto to national currency is enough.
hero member
Activity: 1358
Merit: 513
June 01, 2019, 05:19:54 PM
#48
Cryptocurrency gives me freedom of earn and no third party involved here. If i invest flat money there are many restrictions by government and money londering situations if i transaction lots of money. There crypto currency gives me free fair involvement. So i love it from my best.

really? are you buying onions with crypto? are you selling produce for crypto? is any nation buying nuclear weapons with crypto? So how can you say that you are relying on crypto without any third party?
At some point you are cashing out to regular moneys aren't you?
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