Topic: What are the benefits of Crypto Currency? - page 19. (Read 2225 times)

most of the benefits that I feel is a great profit I make from good crypto from trade and bounty. These results provide enough of a pride for me because crypto gives me great results.

A lot and yes it is affecting my daily life, the benefit I like the most is the usage of crypto, it can be currency and it also can an investment, so I can get a lot of profit to just simply holding crypto when I don't used it, and I can easily make any transactions using crypto no matter which country they reside and I can gamble using crypto without revealing my id

Distributed ledger technology for encrypted assets can help financial markets operate efficiently. Smart contracts that automate terms will reduce reliance on some agencies.

the great benefits I get after knowing bitcointalk, no space and time limits, all can be done wherever and whenever, without realizing it can answer one of the progress of future technological developments, the spirit

There are lots of benefits that you can get from cryptocurrency.

1. Alternative Financial Sytem
    
     The first cryptocurrency was Bitcoin created by Satoshi Nakamoto just after the global financial crisis way back 2009. Bitcoin is a peer-to-peer version of electronic cash that would allow online payments to be sent directly from one party to another without going through a financial institution. Bitcoin is the remedy of cross border fees, trust in between banking institutions and more.
    
     Bitcoin as the father of all crypto has its own flaws as well with regards to scalability, transaction fees and speed issues, that is why lots of altcoins are emerging trying to solve bitcoin's flaws.

2. Investment Vehicle

     Even though the value of crypto is so volatile still experts find crypto as a very good long term investment vehicle since it can provide faster and higher returns or worst case faster losses. So before investing always make sure that you only invest an amount that you can afford to lose and see to it that the project where you invest your money has a solid dev and community support.

3. Decentralization

     We are moving into the digital world and with this decentralized system it's more secure and safer against corruption cos we don't have to go to any financial institution while sending or receiving money online.

4. Privacy

     There are some cryptocurrency that is completely anonymous where in you can transact online without risking your identity.

5. Transparency

     With this being listed and approved on the blockchain no one can fake a transaction. Every transaction from a private address sent and received back and forth in the blockchain is transparent and traceable.

6. Community

     This is the reason why crypto currency is so strong because of the support of the people. There are traders, investors, entrepreneur, techie and more who is fond of cryptocurrency chat or talk together in forums, channels, blogs talking about cryptocurrency news and developments.

7. Fast Transferring Units of Value

     We don't have to wait for 2-3 days for a bank to transfer money. With cryptos p2p you can directly send and receive money in minutes without any hassle of cross border fees.

It really made our lives more easier and productive. We're able to earn extra income as well for the needs of our family.

Encrypted assets can create fast and low-cost financial transactions, while also having the same convenience of cash.

Crypto is now a new investment option for investors looking for profit. The present has a lot Altcoin accepted as a currency to pay for some website service providers. Or you can buy items on some buy-sell websites, and you can use Altcoin to pay for all costs.

Remove the speculative properties of the current virtual currency and look at the blockchain technology behind it. In the future, information storage models will surely change, and many industries are increasingly using their technologies.

Cryptocurrency has a much benefits, firstly it is a secret currencies that minimize the risk in holding bulky cash, also trading cryptos has a very high contributions to daily living, since it's a way to earn. For me cryptos help me a lot, I base my feedings on cryptocurrency.

in Crypto currency there is self trading only so no problem with agents and trading with low price also, loss and profits depended by investors knowledge in crypto currency

the benefits of getting crypto is easy profit why? majority of the coins that exist this day are profitable there are lot of chance of increase when time comes.
bitcoin affects my daily living by giving me a simple work and no time requirements.

In modern society, many commercial behaviors are based on human feelings and credit, which is embodied in bills. Ordinary people, the most commonly seen bills are white bars.

In the private circulation of white bars, it is easy to have problems such as being tampered with, forged, maliciously reported, etc.

As invokers, there is also a problem of unclear background checks, unclear debt capacity, and the possibility of a large number of debts;

As a recipient, the issue of loss of white paper is unclear, and the issue of loss of interest is large or difficult to pay;

As the final acceptor, because the biller defaulted, he had to bear the implementation of the payment for the recipient.

The Central People's Bank of China, the leading and enabled blockchain bills, itself is also the use of the advantages of virtual currency to solve the billing parties' credit records, total control and cross-border payment issues.

The crypto currency helps me a lot this is  my full time job now I get my needs here and my daily living especially I can buy all I want and it helps my life to be easy, imagine no need to go outside or commute to work in other company you will stay in your house with family and always safe because the whole day you will stay in your house.

Transparent encryption, to regulate
To regulate, it is also better understood.

Regulators can see and measure market stocks of rough currencies, but they are less able to see the flow of funds. If the regulatory agency wants to embody its own capabilities, modify the relevant data, and look at the source/direction of funds for an account, it's only necessary.

Therefore, on the black market, BTC payment is a very popular method. The payment and settlement between hackers is safe and hidden, and the flow of funds cannot be supervised at all.

Distributed storage, decentralized
Decentralized, very easy to understand.

All currency data information is not recorded on one or a few computers, but is distributed across all computing networks. If you want to change the data information, at least 51% of the computers in the corresponding computing network must record.

The way information is stored is no longer single or multiple servers but networks. It is difficult to tamper with information.

The krypto benefit for me is as an extra income, crypto also gives me so much insight about economy and trading system.
crypto offers convenience, and they are more transparent than private banks or government banks

Compared with banknotes, the cost of various aspects such as printing of banknotes, data review, anti-counterfeit, escort circulation, safekeeping, etc. is eliminated.

Cryptographic digital currency can completely resist the pressure of inflation, so that people's wealth preservation, and value-added. Because of the constant number of issuances, things are rare and not subject to central bank controls.

if a trader focuses on trading in their daily lives, they can meet their need to eat
but some people do not know the potential of cryptocurrency, because of lack of experience in understanding the technology and investment opportunities

The use of cryptocurrency transactions by any store saves the cost of taxes and funds to supervise a large amount of fees. The global circulation is very convenient. It is a very popular currency trading model for the people and merchants around the world.