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Topic: The reason we need cryptocurrencies - page 8. (Read 11735 times)

full member
Activity: 546
Merit: 102
June 05, 2019, 06:06:46 PM
with the advancement of civilization today we need cryptocurrency as a tool to transfer money
even though fiat currencies already exist but fiat currencies are centralized and under government control
we must have our own financial freedom and that's why we need cryptocurrency
sr. member
Activity: 2506
Merit: 368
June 05, 2019, 04:54:08 PM
break the world's order where the rich controls and above everything. Crypto has really brought change

Rich people are still on control, even if it is cryptocurrencies we are talking about. Whales can do anything, and that also means affecting the price. The thing about cryptocurrencies is that they are not fully in control since controlling a decentralized crypto, is not that easy.
At least you can be your own bank even if they have almost full control of the market they can't still beat the people. It's just normal where there is a manipulation in the market since it is an open market, whales can do almost everything they want to. All we have to do is to ride with them because we are the small fish that they want too.
hero member
Activity: 2184
Merit: 513
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June 05, 2019, 04:26:29 PM
break the world's order where the rich controls and above everything. Crypto has really brought change

Rich people are still on control, even if it is cryptocurrencies we are talking about. Whales can do anything, and that also means affecting the price. The thing about cryptocurrencies is that they are not fully in control since controlling a decentralized crypto, is not that easy.
True that, however atleast this decentralized nature of bitcoin requires a lot of resources to be able to control just as you said , however there is no organization that could control or change bitcoin aswell so it is pretty much just a price manipulation not system changing.
sr. member
Activity: 546
Merit: 256
June 05, 2019, 02:10:57 PM
break the world's order where the rich controls and above everything. Crypto has really brought change

Rich people are still on control, even if it is cryptocurrencies we are talking about. Whales can do anything, and that also means affecting the price. The thing about cryptocurrencies is that they are not fully in control since controlling a decentralized crypto, is not that easy.
jr. member
Activity: 84
Merit: 1
June 05, 2019, 02:05:57 PM
We need cryptocurrencies because cryptocurrencies is the answer to many problems faced by the today our normal traditional currencies.Such as American Doller,Stering Pound,EUR,Yen and many others.1st its secure.We can use directly.No 3rd man on the list.We can only send traditional money via the middle man.Only tiny little space required.More secure with devices and block-chain network. When using cryptos gives answer to all above and many other problems.
copper member
Activity: 2968
Merit: 575
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June 05, 2019, 12:17:54 PM
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 would say we need crypto currency more for like financial freedom and ease of transaction. Say you want to do a cross border transaction/payment. You will have to face many difficulties due to different jurisdiction and laws of the two countries. Again, the higher the amount is, the more hassle you will have to go through. Also those transactions are never instant. But with crypto currencies, this becomes quite easy though lets not forget how people can abuse this to launder money.
jr. member
Activity: 314
Merit: 1
June 05, 2019, 12:15:16 PM
Many governments see cryptocurrency as a threat and bad because they don't have control over it as they want. The central governments want to regulate everything  but bitcoin is odd. Cryptocurrency has bridged the barrier of rich and poor and break the world's order where the rich controls and above everything. Crypto has really brought change
full member
Activity: 630
Merit: 103
June 05, 2019, 12:10:55 PM
There must be a lot of reasons why we need and should use Cryptocurrencies. Crypto utilized the usage of Blockchain Technology which is very useful because of its security. Knowing that your money is secured in one place where only you can access brings relief to that person. We know that it is still vulnerable to threats but we can reinforce the security by adding extra informations needed before we can access the funds needed. We need crypto because it is almost integrated into different usable platforms and learning about it is profitable.
full member
Activity: 532
Merit: 101
June 05, 2019, 11:03:53 AM
#99
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.
I agree, because cryptocurriences is most safe and no one can get your money except only if someone hack your wallet. Its so easy if we want to use in all kinds of payments. If we want to invest we can use it and were getting profit. That is why we need cryptocurrency.
sr. member
Activity: 994
Merit: 257
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June 05, 2019, 07:28:14 AM
#98
For me the reason why we need it is because we need financial freedom.
There are also some people who solely rely on crypto for their income.
Crypto currency open a way for everyone to earn and make profit on the internet.
sr. member
Activity: 980
Merit: 252
June 05, 2019, 02:57:06 AM
#97
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.
Financial freedom is a kind of trend of the 21st century.Technological progress and the way of life of humanity will raise cryptocurrencies into the sky.The resources of any country are the resources of all citizens, not a bunch of greedy managers.It is time to change that.And these changes simply cannot happen without cryptocurrencies and new technologies.
member
Activity: 893
Merit: 43
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June 05, 2019, 02:18:17 AM
#96
Besides the lines of cryptocurrencies having a lenient bureaucracy as compared to fiat, we get to easily make micropayments, don't get charged maintainance fees like what most fiat services would do if you are a hodler, we have the full responsibility of our crypto funds without the middle man interfering
jr. member
Activity: 31
Merit: 3
June 05, 2019, 01:46:07 AM
#95
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.

There are billions of individuals on the planet who don't approach banks. Banks don't serve them on the grounds that the foundation is excessively costly and it's not gainful to assemble tasks. The billions of unbanked population needs Bitcoin.
full member
Activity: 854
Merit: 108
June 03, 2019, 11:18:18 PM
#94
Honestly most of us see it as an investments to earn more fiats than just to utilize it like a real money for actual spending. I don't believe that fiat will be replace by crypto currency too simply because not all people will know how to use it. Therefore in general, most of us need crypto just to earned more paper money.
legendary
Activity: 2436
Merit: 1140
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June 03, 2019, 11:03:36 PM
#93
~snip~ cryptocurrency are most popular on new era for new payment replacement on the future, when fiat can't handle it

However, I doubt if cryptocurrency will replace Fiat in the near future. Why don't we try to think if cryptocurrency will be used together with Fiat to strengthen the financial and economic sectors? I assume it will be much more sense. It seems people will have difficulties if there is no Fiat anymore. There are still many places in the world that have no enough facilities to support the use of crypto as a currency.   
sr. member
Activity: 1666
Merit: 276
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June 03, 2019, 10:44:06 PM
#92
Banks have control over our money whereas bitcoin doesn't, with banks the funds being under a centralized network people find it a safer place to keep hold of funds. Even though bitcoin provides with the increased profiting on holding people used to prefer the secure system, a little percentage of common people understand better about bitcoin and how it functions. Possibly someday people will begin to use bitcoin same as banking which isn't not far.
legendary
Activity: 2366
Merit: 2054
June 03, 2019, 08:03:45 PM
#91
I need a cryptocurrency because I can use it as an investment, and I feel that the benefits I get from cryptocurrency are very helpful in meeting my needs.
all people here needed. Not only for investment for geting benefit. cryptocurrency are most popular on new era for new payment replacement on the future, when fiat can't handle it and gold have aroung limited.
jr. member
Activity: 225
Merit: 1
June 03, 2019, 06:00:45 PM
#90
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.
We have lots of reasons why we need crypto currency, some are it's easy to control at your own end, you own your funds your self you don't need the bank to do that. Now in times of securities crypto funds can be moved from one place to another with the help of blockchain technology which really droves me crazy when I seat again to imagine how all this works. Now many countries and companies are getting in crypto for crypto is the future.
full member
Activity: 742
Merit: 144
June 03, 2019, 05:41:13 PM
#89
That is why I am putting my life savings on Bitcoin, even my child's future, lets assume BTC failed, I still have lands to grow crops so there is nothing to worry about. I am ready wherever it may lead me to. I can't just take anymore of the paper money shit, inflation and everything. We have our own choices to make, just as long it is legal, crypto is the best for me.
Though the risk of this one is very high, i can still a good savings decision instead of putting it on a bank. This requires a lot of sacrifices and patience, we may still failed but at least we believe into something good and better than fiat money. We have the best digital currency now, and I believe it will last longer and that is why we need to invest on cryptomarket.
full member
Activity: 644
Merit: 111
June 03, 2019, 05:29:55 PM
#88
Cryptocurrency is one of the most useful inventions. It's a good thing she showed up. We need financial independence, at least in the country where I live. Crypto is really a salvation for me.
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