and everyone has different reasons why they need crypto. generally. everyone has an assumption like you.
and in my opinion there are some reasons people need crypto.
1. get instant and fast profits
2. transactions that are fast, safe and simple.
3. free from the global economic crisis.
Topic: The reason we need cryptocurrencies - page 11. (Read 11735 times)
Maybe it's because we can make money from cryptocurrency, so people think they need the cryptocurrency.
And it is true, with cryptocurrency, people now have a new way to earn money plus they can use cryptocurrency as the investment.
People will like to use cryptocurrency if they can get some benefits inside the cryptocurrency.
They will find that in the cryptocurrency, they can earn by so many coins and they can earn unlimited money if they want.
And it is true, with cryptocurrency, people now have a new way to earn money plus they can use cryptocurrency as the investment.
People will like to use cryptocurrency if they can get some benefits inside the cryptocurrency.
They will find that in the cryptocurrency, they can earn by so many coins and they can earn unlimited money if they want.
One of the greatest ideas that has kept crypto currencies going is the idea of decentralization and privacy and to me, this is its selling point and that is why we need it
Decentralization is one of the most common feature a crypto has but when it cones to privacy, I don't think so. Bitcoin, Ethereum and other crypto currencies has their own platforms but there are sites where you can look at a certain address and track their transactions. That is the reason privacy ia not one of them. In terms of bitcoin, we have the blockchain.info. For me, the most reason we need bitcoin is yes, the decentralization, and also the blockchain.
1 country banned bitcoins/cryptocurrency has a big impact to the cryptocurrency industry.
There're more than 1 countries that currently banned Bitcoins or cryptocurrency but the impact wasn't noticeable because more people are starting to get in cryptocurrencies. The growth we get each year is outweighs those bansThat depends on which particular countries have banned cryptocurrencies
If they are irrelevant in the grand scheme of things (like Venezuela and similar countries), their "bans" will only backfire (if they haven't already) as people will be using crypto simply because the rest of the world are using it. On the other hand, if a couple important countries come to dislike cryptocurrencies (think Uncle Sam here), we may have a problem. Indeed, crypto will survive, but it will survive better without big guns going after it
Everyone is free to argue about the institutions of government banks even though how badly the processing they do is especially in managing financial. We live in a world where government has existed before the cryptocurrency was created and sometimes the solution we all think is better there is a possibility that it has a worse effect for the security of a country.
You have a point, it's true. However there's a chance that the government (or the banks) may see the cryptocurrency as a threat to them and in result they will not let the cryptocurrency be used on their own country. Well we just hope that this won't come, just imagine if all the countries banned the bitcoin/cryptocurrencies.
It's impossible for all countries to ban Bitcoin, when there's three choices for governments to choose (ban, join, ignore/neutral). Banning it won't stop Bitcoin, just look at the other illegal things that are still big as of today. 1 country banned bitcoins/cryptocurrency has a big impact to the cryptocurrency industry.
There're more than 1 countries that currently banned Bitcoins or cryptocurrency but the impact wasn't noticeable because more people are starting to get in cryptocurrencies. The growth we get each year is outweighs those bans.
One of the greatest ideas that has kept crypto currencies going is the idea of decentralization and privacy and to me, this is its selling point and that is why we need it
I think the main reason is freedom in terms of transactions and also financial freedom. Honestly, it looks like when cryptocurrency and blockchain existed earlier in this industry and then technology or the digital era was growing rapidly which made banks have their own mobile version of course cryptocurrency and blockchain technology has advantages about this, so I think cryptocurrency is needed not just about a high price or value because there are many benefits that can be obtained from cryptocurrency.
We need crypto because is a fast way to send money via blockchain and is even faster than bank transfer and also not high fee when send like other processators.
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.
One of the things that make cryptocurrency something we really need, is it just not allow us as individuals freedom but companies and businesses mans, with banks and fiat in order to make a transaction and do some work it would take hours and sometimes even days for it to be processed, but with crypto sending money overseas is as easy as clicking a button ,and that would make our lives much easier and more productive and would open up the world even more, crypto does to finance what internet did for the information. 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.
Crypto currency gives us lots of benefits at some point it has already became a need in our lives:
1-More earnings opportunities: before bitcoin there weren't so many job offers on the internet. Although this market is pure speculation it's possible to earn some profit from it;
2-Less taxes: without bitcoin we were restricted to few payment methods like Paypal, which charges high fees and is more complicated to use as they force us to provide several personal informations. With bitcoin it's much easier to receive small payments and transact it over the internet;
3-Entertainment: crypto casinos became a strong force on the industry. It improved gamblers experience through easy access, usage and transparency. For others, it's a way to earn money.
1-More earnings opportunities: before bitcoin there weren't so many job offers on the internet. Although this market is pure speculation it's possible to earn some profit from it;
2-Less taxes: without bitcoin we were restricted to few payment methods like Paypal, which charges high fees and is more complicated to use as they force us to provide several personal informations. With bitcoin it's much easier to receive small payments and transact it over the internet;
3-Entertainment: crypto casinos became a strong force on the industry. It improved gamblers experience through easy access, usage and transparency. For others, it's a way to earn money.
Digital currencies will be increasingly needed, especially when technological advances are increasing, so that people in the world make a media that supports financial transactions. Digital currency is the answer and this is part of improving technology in the financial system.
Only if people think that it is needed. No one will utilize cryptocurrency if they don't see the need to use it. Its only significance why people should use it is for conveniency. 
Cryptocurrency is like stock, but it can use in payments like FIAT. This is its most significant advantage, and we can both use it as a currency for daily living. But we can still choose it as a potential investment option with high profits. Cryptocurrency has many outstanding advantages, and it is proving that it can be the currency of the future.
Cryptocurrency is like general currency. That is only new technologies. Nothing special, just with some opportunities for people.
I am not per se against banks, because I still can't rely solely on Bitcoin for my daily needs and bills. It's just not going to work for me to store physical cash under my bed year in year out. I wouldn't feel comfortable at all. I feel more comfortable to have an acceptable amount sitting in my bank accounts, while the majority of my wealth sits in Bitcoin.
I don't always need a censorship resistant form of conducting payments. Fiat has served me well locally and I don't see much to complain about here. Bitcoin complements fiat's ability to be a good form of local money. With Bitcoin I can send any amount to any country 24/7 and nothing can be done to stop me. No government or bank can touch even one single satoshi of mine in cold storage.
I don't always need a censorship resistant form of conducting payments. Fiat has served me well locally and I don't see much to complain about here. Bitcoin complements fiat's ability to be a good form of local money. With Bitcoin I can send any amount to any country 24/7 and nothing can be done to stop me. No government or bank can touch even one single satoshi of mine in cold storage.
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We need cryptocurrencies because we want to control and manage our own money and not by the third party like banks and else. We can use cryptocurrency for everything we want, and we can use it too as the investment. Cryptocurrency present was not to eliminate money, but it will help money to solve the problem that we face. Cryptocurrency can across the border in every country, and we can use cryptocurrency without converting to the local fiat. But unfortunately, this idea was not approved in all country, and only a few countries have approved cryptocurrency. But soon, it will approve in all country, and we can hope that will happen later.
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.
But it also gives rewards like no other.
In my opinion these two things, the Bank and also Cryptocurrency can work together and not even collapse each other. Because both of these things if we examine further have similarities and common goals. it's just on a different platform.
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
We are nowhere near being free from bank or government diktat (financial or otherwise)
To provide sustenance for yourself and your family you still need to convert your coins to fiat at the end of the day. And how does it actually cut as being finally free and out of the "monopoly world" as you called it? Unless and until you can pay with crypto for goods and services directly (i.e. without an intermediary of any kind), you are still under the eye (and boot) of the Big Brother who can easily turn your life into hell if he chooses so, for example, by simply denying you access to fiat (via banks or otherwise). Then you starve and die, mission accomplished
Cryptocurrency holds a lot of promise for all of us including the freedom from the abuses and control of the current financial system we are in. Of course, to many cryptocurrency can also mean financial freedom. Human nature has this dark side and that is the tendency to abuse the power given unto us...this is quite true with the banking system and the current global financial system we are in. However, sad to say, the same tendency is slowly creeping in to the cryptocurrency industry and this is something we as a whole should try to stop as this can be an insult and a travesty.
I don't quite get what you mean here, but humans have choice. It is your sole decision to do wrong or not, but you should be prepared for the consequences if you harm others,
Bitcoin and crypto are giving you an alternative to banking and payment, from outside of the system. But its your choice to use it or know.
There is not an inherent dark side inside people, they decide by themselves, and they can decide not to harm as well. All you have to do is say no and thats it.
This creeping you mention is related to certain altcoins. Well, you have the choice not to use them. There is plenty of talk on this form about centralized altcoins and their weaknesses.
Digital currencies will be increasingly needed, especially when technological advances are increasing, so that people in the world make a media that supports financial transactions. Digital currency is the answer and this is part of improving technology in the financial system.
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