Topic: Why cryptocurrencies necessary in today's world (Read 452 times)

All my strings are attached with crypto currencies for only one thing, and thats getting more profit out of it and stabilise my life further. I am frankly speaking why I am here and I think that answers all your questions in single shot isn't it! I mean im the guy who have no real idea of the technology here but I like to think its advancement that is going on right now. Just for the benefit of my own profits. I do believe that once for all everyone do think about the crypto currency in this way only. So thats why they are necessary in this world currently.  

Normally not everybody know much about cryptocurrency, and there are still some novice that there mind still get dividing whether to join the cryptocurrency community or not, but i see a lot of potential in cryptocurrency,This is very helpful to the business world to improve the efficiency of the financial side and also improve business tactics.

At first, cryptocurrency is not necessary at all in the first place, but since the growth is unimaginable and the use and purpose of each coin be denied that it is useful and since there is such use of Bitcoin I think it can help the improvement of everyone's way of living plus some factors when it comes to transaction it is helpful in everyway.

You have a point. For me crytpo currency are made to help people especially in financial aspects. Crypto is also an another source of earnings especially those who already had a job, so in other words cryptocurrencies is such a wonderfull blessing for us.

I think because people more know about cryptocurrencies and the advantages from them. So, it's possible to make them as necessary in the world. It's good basically for look at the future.

The market is a serious industry that has become a source of earnings for many modern traders. The unstable course of cryptocurrencies led us to what we have today, some love Bitcoin, while others hate it.

You all must be knowing that the federal reserve of USA controls all the money in the world. There are also rumours that rotschild family is also behind controlling the world's wealth. There is no governing agency which can monitor what federal reserve is doing with the money so there was a need of introducing an alternate currency which could combat the ever increasing inflation. Hence, cryptos came into existence.

The world needs a safer trade and a more reasonable and fair monetary system.

The emergence of digital cryptographic currency is an attempt, it is a failure and successful experiment!

The problems in the financial system are no longer able to cope.

The crypto economy is called the balloon, but the main balloon is the current financial system. The only way to change is cryptocurrencies.

It's a big technological breakthrough that may evolve into something really big and important. Now cryptocurrency hasn't too much sense in the whole world but late it can mutate into something really useful.


All that stuff about 3rd party is ridiculous, it's simple utopia for newbies.

Well the benefits of crypto currencies are obvious. Every men is for himself, there is no third party involved in money transfer and payment which leads to lesser taxes. It is and ideal world though, where this system doesn`t get hacked or anything like that.

Thank you for this example of practical use of the crypto. This proves for me what I was expecting. I think that the best use of crypto can be in developing countries at first. It will give more freedom to the companies working there. I have heard about some companies working in Brazil and adapting crypto to be able to operate with neighboring countries. This is how you can see the benefit of crypto. No borders, no delays in payments, small fees

I think the benefits of blockchain technology are more than just digital assets. An example is in Africa. In the field of land administration, two startups in Ghana are testing a blockchain solution. Benefits of blockchain for a national land agency can allow people to locate, manage, and verify property and land documents such as surrounding development plans, and ownership. Blockchain is beneficial for a universal, transparent, unchanging Digital Land Registration System and bridges the gap between government and undocumented areas. That's why a lot of big companies are getting interested in using this technology.

Blockchain seems to be potentially used in lowering the cost of verification when offering remittance services. Money transfer services continue to grow, some blockchain-based financial services can help complete cash transfers quickly at very low cost. Cashmakers can choose the amount to be transferred in their currency and the amount to be received in the recipient currency. Maybe Western Union or Moneygram does not support it, but I think the world needs it.

Why Cryptocurrencies are neccesary in today's world?
The inequity and lack of transparency in the work of modern centralized financial institutions require the implementation of reforms. One of the variants of reforms is the introduction of cryptocurrencies in the modern economy.

What is the real world of these cryptocurrencies?
A good example at the moment is Japan. There, cryptocurrencies are accepted as payment in hundreds of thousands of stores and service centers.

Why are traditional assets and currencies are not enough?
Disadvantages of classical assets and currencies: lack of transparency, one controlling authority, monopolization in the field of non-cash transactions.

What is the benefit of having a bitcoin over a dollar or any other currency?
The advantages of bitcoin: the decentralization of the database of all records, the full transparency of all transactions, the unavailability and unreadability of fictitious records in the blockchain, the limited issue.

Where do we use these Cryptocurrencies in today's world?
As a means of payment and means for investment.

What benefits does real cryptocurrencies give you?
Independence and equal rights and opportunities.

Why are you excited about the introduction of digital currencies?
Because you understand that you are participating in the creation of the future.

Cryptocurrencies are needed because now the world needs a better and faster way for transaction and the time of fiat money is coming to an end and we have to go digital which is where cryptos come in

I think we are new in the early stages of cryptocurrency. Technological evolution will always happen. If you have ever received or sent money between countries through a conventional bank system then you will be grateful to know crypto. But maybe some weaknesses are also a problem that blockchain has not really been able to replace the current banking system.

Blockhain has transaction costs that tend to be low when compared with conventional currency rates. This is very helpful to the business world to improve the efficiency of the financial side. It may seem trivial, but this is just the beginning of the mine, so I'm sure this technology will be completely adopted in the future.

The benefits of a very large blockchain technology are not limited to currency transactions alone. An example is Bext360 utilizes blockchain technology to manage automatic payments that evaluate products - cherries and coffee - negotiate prices and transfer digital money. The Company makes direct digital payments to all stakeholders in the supply chain, including farmers, communities, banks and other parties. Benefits of blockchain on this system by tracking goods from source to final consumer. This allows customers to interact directly with farmers. So sooner or later this technology will replace the current system.

Opportunities created by blockchain are more efficient business processes. Blockchain can serve financial transactions whenever and wherever there is no time and space restrictions. With this, business processes can be done anywhere and anytime. Examples such as RTGS transactions that have a certain time limit and can not be done on holidays but blockchain can be a solution of it. Surely this will greatly provide time efficiency in the business world.

Excess blockchain in terms of technology is the improvement of technology security. Blockhain technology is very safe and effective. User-initiated transactions can be validated on the spot when using blockchain to transact. This may be very useful in the future banking system. That's why many investors are starting to take into account cryptocurrency.

Opportunities can be created with the existence of blockchain technologies such as expanding access to financial services. Access to financial services in the world so far is quite extensive, but with the presence of blockchain access will be wider because it can reach all financial transactions without any limitations of the 3rd party (mediator) that has been there. But maybe this is still in its early stages.

I am liking how ICOs are being used to fund some interesting tech projects. I enjoy researching what people are trying to do. I have always been a futurist and this feels like the beginning of something interesting.

I follow tv shows and read about crypto and asset currencies I see that digital currency will grow and I can enjoy the results of cryptocurrency so I will always be excited about introducing bitcoin and virtual coin currencies because it's fast, efficient and easy.

This technology is growing rapidly because many used startup to raise capital. Startups can now open sources or put their projects under a nonprofit foundation and raise money - and not just make money, but also significant capital growth.
With token sales and initial coin offerings that generate millions of dollars, some fintech companies and individuals explore how token sales can create social change.

In the new highly develop technology the cryptcurrency business is necessary and useful, because it fits the new developed economic system today, that most people are using social media gadgets that's why many people who learned about digital cryptocurrency. Cryptocurrency has also a good contributions of income nationwide that's why it is necessary to have crypto business. Cryptocurrency is a thing that has a form of high value which used to eliminate the economic problem globally disappear.

Why Cryptocurrencies are neccesary in today's world?

This 1st question is one of the most important ones, and one whose answer is not really understood by many people.

The world has become simply too crowded and too competitive to play the nice guy anymore. Especially governments, states and all other institutions of power are not the friend of the talented successful man anymore, instead they hunt the accomplished man, to milk him as much as possible and to redistribute his wealth back to the gullible and subservient consumer masses to sustain their own power hierarchy, so the meritorious and intellectual individuals who want to be free, need to form their own unique methods and alliances to power in the 21st Century.

Perhaps developed countries have no problem with their financial system. But some fintech startups in developing countries have explored the benefits of blockcain for their service needs. For example, BitPesa, a payment services system in Kenya, Africa is growing rapidly. They target businesses to easily make payments to employees, distributors, and suppliers. This technology is needed by areas that have not been reached by the bank system.

Cryptocurrencies are necessary in today's world because of it's technology where you may able to transact payments and services, you can make investments and trading by the use of of your computer or cellphone gadget. It may benefit the public from it's service and give the public the opportunity to earn profit in digital currency either doing investment or joining in a signature campaign.

The whole world is studying block chain technology!

And the digital cryptographic currency is necessary to maintain the block chain technology necessary funds and later development of research funds!

Accept the block chain technology, just accept the digital cryptographic currency!

Why Cryptocurrencies are neccesary in today's world?
1. because with cryptocurrencies can make you transfer money anywhere and anytime
What is the real world use of these cryptocurrencies?
2. you can buy anything with cryptocurrencies
Why traditional assets and currencies are not enough?
3. because the currency is currently tied and regulated by the government
What is the benefit of having bitcoin over dollar or any other currency?
4. you can make a huge profit with having it
Where do we use these Cryptocurrencies in today's world?
5. there are already many merchants who accept bitcoin as their payment, so you can use your crypto to buy something there
What benefits real cryptocurrencies gives you?
6. it can make you rich
Why you are so excited by the introduction digital currencies?
7. same answer with number 6

Unfortunately so far most of these questions doesn't have an answer you are going to like, because so far the world has not accepted crypto currencies, but we are all hoping that this will change soon.

the modern world is developing at a tremendous speed and the innovative approach is traced in every sector, the economy does not stand still and the currency is a new round of the future. with electronic money we will get new opportunities

- What benefits real cryptocurrencies gives you?
i can buy something faraway from my bedroom, don't need to use bank. i buy my first notebook with btc and that was very easy and simple. crypto is really useful.

- Why you are so excited by the introduction digital currencies?
coz i can fast rich

First, it is decentralized. Meaning that no government has control over it. Secondly, its peer-to-peer network ability made it possible for value to be transferred from one individual to another. Thirdly, it is secured.

Why Cryptocurrencies are neccesary in today's world?
Because the current financial system is not working particularly well. The big economic crisis of 2008. showed it really nicely, and it was only the tip of the iceberg. We need a new system for both creation and distribution of money.

What is the real world use of these cryptocurrencies?
As I already mentioned -  a new system of creation of money and distribution (more decentralized, fairer). Application of smart contracts should put an end to injustice in direct and arbitrary relations.

Why traditional assets and currencies are not enough?
Because the creation of the money is almost solely in the hands of private bankers (a money multiplication system), a system is functioning on a debt basis (which means there is always one side with power to put pressure on the other, and also inevitably it has to fall apart). Distribution is in the hands of Governments and also not working very well (destruction of "middle class", 1% of the wealthiest, and to many poor people without food & shelter).

What is the benefit of having bitcoin over dollar or any other currency?
A current benefit is a strong investment vs. gain ration.A current benefit is a strong investment vs. gain ration.

Where do we use these Cryptocurrencies in today's world?[/b]
We use them as a store of value, an investment opportunity, and for trading (Bitcoin is accepted in various stores all overt the world).

What benefits real cryptocurrencies gives you?
They ease the way we handle things by replacing the barter system.

Why you are so excited by the introduction digital currencies?
Because it offers exciting new possibilities. A financial world got a little bit stale in last three decades.

The ease of access and the most important part is that it is always good to have more options for investors and traders and that to have a coin without the manipulation of government is always a good bet and you cannot counterfeit it like fiat currency.

Like any other currency, to trade, purchase goods and can be stored as an asset.

When you are trading internationally, you can use bitcoin as a single currency as the world is not trading solely with dollars. You can save transaction charges and delays caused by other forms of transaction as bitcoin transaction is almost instant .

You can use it for trading or purchase goods with it.

Because time doesn't stop, as time goes on, the money at the same time is also developing. In the future, there will be no cash, even today there are few countries that don't use cash and growing every day.
For the moment we can not use it widely, we can only use it as an investment.
Because, cryptocurrencies are much more profitable than traditional currency and in my opinion, it attracts people's attention.
The answer is that it is profitable.
In today's world we can not use it very widely. Because, there are still those who doubt it.

I do not find any problem with the amount of volatility we have, it is a good thing as everyone gets the opportunity to enter the coin.
How do you propose a stable token, either the company has to spend a huge amount of money to buy back the tokens being sold in exchanges, if you are talking about centralized coins, i am not interested in those.

Even now you can transact billions of dollars worth of bitcoin in a short period of time around the globe.

Im not totally being amazed on cryptocurrency itself but rather on the technology behind it which is majority on blockchain. I do believe this technology would be more useful which can really be applied or be implemented in todays traditional companies and services. New way payment system and the accuracy and transparency what matters the most.We have seen lots of areas of interest but they do still have the same thoughts when you do try to collaborate it.

At the moment I see only 2 fundamental functions of cryptocurrency. The first is a means of payment without an intermediary, the second is a means of accumulation. A huge number of projects was created to introduce the crypto currency into everyday life. But for now it doesn't work. Need time

Why Cryptocurrency is indispensable in today's world? yes because a technology from Cryptocurrency has more advantages

What is the real-world use of this cryptocurrency? in the real world crypto can be used various kinds

Why are not traditional assets and currency sufficient? because the value of traditional money is very low in the appeal of digital currencies

What are the benefits of having bitcoins over dollars or other currencies? the benefits of bitcoin very much, we can use it to invest

Where do we use Cryptocurrency in the world today? where there is an internet network where it is

Newly Added Questions

What are the benefits of a real cryptocurrency? can produce tremendous assets

Why are you so excited about the introduction of digital currencies? yes of course that's all very meaningful, digital currency is more practical to be kept in the form of a safe asset

The digital economy was created thanks to Bitcoin it brought significant technological advances, changing the digital money landscape when it was introduced in the world in 2009 and was followed by many other types of criptomoedas.
But as the world advances with all the information and changes we can not fail to appreciate such a feat, now predicting the outcome of how digital money will change society is still not possible.
However, we know that the way humans exchange value these days is clearly changing direction, and bitcoin has made it move further, its historic leveraging the altcoins

The use of cryptocurrency for easily sending money and cheaper fee around the globe is one of the good use of cryptocurrency.

Privacy and to avoid leak of personal information is important too.

Electronic money is needed in today's world because electronic money has superior advantages over cash. Life today can not be separated from information technology. The application of information technology in all areas of life is an indispensable trend. Instead of using cash as a traditional form of payment, people now use electronic money to make transactions faster, more convenient and more private. Although not yet popular, electronic money is likely to be widely used in the near future.

Because in the near future we are waited with global changes that will seriously change everything to what you are so used to, I think that many people still do not know what crypto-currencies are and what is behind them. People need time.

Why are you asking the same question twisting them? Cryptocurrency is necessary in the world today because it is the future of financial transaction. The world economy is widely accepting cryptocurrency and even major buying and selling platforms like Amazon and Alibaba are planing to introduce blockchain in their system.

They are as necessary as a mobile phone. That is, not at all but it is cool to have them. They can deliver plenty of value in the health industry, insurance, banking,... so much power.

Crypto currency is important today because almost everyone who has access to the Internet can use digital money. With the help of digital money, capitalization of investments becomes much more accessible, the same transfers for payments for goods and services anywhere in the world, bypassing financial and controlling organizations.

Cryptocurrencies play a vital role in today's world, as it makes transaction more easier from one end to another with a very fast speed. Furthermore it creates room for an investor to invest secretly and earn big when time comes.

The real benefit cryptocurrency gives me as a person is that, apart from the use-cases of most of the projects and their coins that we have, cryptocurrency is a very good means of investment for me. I do not mind if it goes up or down, i just love the investment part of it.

Yes it's a new type of investment, yes it can be useful in soo many ways but does it benefit for you in normal life?

1. Fiat money is designed to lose value to drive consumption and taxes up.
If you have 100$ you would be able to buy 98$ worth of goods in 1 year.
81,7$ worth of goods in 10 years if the government won't print some more.
So fiat money always flows where capital can be saved from inflation.
Cryptocurrencies are one of the good bets longterm.

2. Your bank account can be frozen and a bank can prohibit a transaction you want to make.
Crypto if free from it.

3. Too much control over banks caused counter measures.
A private person could be just fine with a bank account and Visa/MC, but companies not so much.
You can't make any international transfer now without lots of documents and banks block accounts of legitimate businesses every day because they disliked one of the clients for example.
So international business will adapt to use crypto.

4. Volatility.
That's the bad side of crypto right now for many use scenarios.
But stable tokens are coming.

5. Speed and volume of transactions.
Cryptocurrencies will be fast and will be able to process millions of transactions in the nearest feature.

Cyptocurrency is the new type of investment and a digital currency as well. It is really a necessity in this world today. It is an alternative to cash because it can be use to buy products and also being use to send and receive money. It is very convenient to use because every transaction is through the internet.

Very professional answer to all the questions and the way you describe the cryptocurrency features is very good,
I am not against crypto currencies i just want it to be more useful in every life.

The conversion of legal tender in different countries is quite troublesome.
So bitcoin can be an international currency, solving these problems,

Since cryptocurrency's an answer to the financial needs of all mankind in the present and future times, cryptocurrency is so easy to use that it can be accessed by everyone, from person A to person B, from country A to country B (cross-border transactions) and not limited to the type of currency applicable in their respective countries.

If our country permits maybe cryptocurrency can be used as a payment method like its fiat money that we use every day to buy the essential goods needed every day, shop for household items, pay for the fare and other necessities.

Actually, it's not because it is not enough, even the traditional currency is more numerous its amount if compared to cryptocurrency, however because of its benefits as well as its limited distribution and only valid in one country only, then the benefit effect feels less effective (this is the point of his problem).

Bitcoin is a digital or virtual currency that uses cryptography for security. Bitcoin is difficult to forge because of this security feature. Bitcoin has the most appealing appeal, that is, its organic nature (it is not issued by any central authority). Thus, in its development, bitcoin is immune to the catastrophe of the monetary crisis and has no effect on the dollar or other currencies.

Wherever in this world as long as we have the internet network cryptocurrency easily accessible by anyone and anywhere either through smartphone or computer.

Cryptos are neccesary in today's world because we need a way to be able to control our funds privately and not rely or trust on 3rd parties that can betray our trust.

Cryptocurrencies  is necessaries in todays world because  the world now needs a capitalize country thats promote economic growth and social responsibility,therefore the traditional asset are not enough to support all of the needs of the people in this cruel world for the needs of economic progress and other development infrastracture,while in the other hand its has a big advantage to have bitcoin in asset in your wallet compared to dollar,because its have a great value  and its decentralized  currency that can be use in different transaction,like paying bills or buying  or wants in life and lastly its can change to fiat for buying our everyday needs.

I see us moving towards stablecoins for everyday transactions. I would look into Havven. Stablecoin that isn't pegged ti fiat or gold.
https://havven.io/

crypto is needed bcoz it is decentralized and have limited supply .
prefer it over fiat bcoz many nations print fiat without any backing and unlimited supply .
crypto assure us that our money is in our hand , not in bank .

Cryptocurrency is the method were in we can transact online. It's a peer to peer decentralize just like bitcoin with any hassle at all. We can send online whenever, wherever in the world by surfing in the internet we can send and receive it's an innovative money online transaction which can help the future generation with no paper money involvement.

Where do we use these Cryptocurrencies in today's world?
Cryptocurrencies can be transferred and received easily irrespective of where the sender and receiver are located. They can be transferred from one continent to the other without any difficulties. One doesn’t need to join the usual long queues at banking halls as we do when transferring cash or withdrawing. The only threat to Cryptocurrencies is internet which isn’t a big deal in today’s world.

Everyone wants regeneration in all aspects of their lives. The current payment and financial system needs to be refined to become the best financial system with priority on security, justice and transparency. With blockchain and cryptocurrency, all these needs can be met. This means that cryptocurrency is very helpful for people to revolutionize the financial system

Why Cryptocurrencies are neccesary in today's world?

Nowadays technology improve. Technology help to connect the most of the country and country people for improve the business and country improvement. Cryptocurrencies is digital currency. So it use any where and  exchange any country currency. It any time to use. It save the time. If use currency it will change the price other country currency. So it not easy to exchange.
Nowadays cryptocurrency is important for all country and country people future saving and future growth.  

What is the real world use of these cryptocurrencies?

Cryptocurrencies system and online network process. So it reach the all country people and easy to use. People learn more information from cryptocurrencies and improve knowledge. It good opportunity for future business improvement. It online process so it use any country. It change the world.

Why traditional assets and currencies are not enough?

Now traditional assets value is some time go down and currencies value also go down. Nowadays currency change all country. So traditional assets and currencies not use it.

What is the benefit of having bitcoin over dollar or any other currency?

Dollar price is change the other country currency. But bitcoin price is same in all country. So it good opportunity for future saving and time to invest. Time is important for this process. So follow the coin price in the market place. Bitcoin is good to use. Dollar price is affect the other country currency price. But bitcoin is never affect the other country  currency.

Where do we use these Cryptocurrencies in today's world?

Cryptocurrency is now reach the all country people and it digital currency. So it any where to use and easy to exchange any country currency. But price is not stable. So you know the price list. Check the market place then get more information for the cryptocurrecny. It help to improve your business in all country.

Cryptocurrency is one of the best thing that technology brought because it is decentralized, convenient and an innovation that has a really good use for everyone. It will bring ease to businesses, investors and individuals. It also became a good way to distribute wealth since everyone can be a part of a big project.

no one should undermine the power of blockchain and the decentralization of cryptocurrencies. ethereum blockchain is the second generation of blockchian offering smart contracts which can be used in real life..

The current monetary system is corrupt, new money bitcoin brings decentralization, no entity can control it. They are mostly efficient, but rather than cryptocurrencies, talking about the tech is more meaningful.

Let me not answer your questions on the items, but offer a concept of peace with the use of blockchain technologies.

1. Some things that people necessarily tokenize in the future are: personal investment accounts; salaries; property rights to real estate, assets, or companies; personal data (which you create every day on an Apple Watch or Fitbit).
2. Just imagine future applications of enterprise level, working on the blockchain and administering thousands of tokens for processing, storing and maintaining the security of information.
3. Blockchain security is also a great solution for the Internet of things, it will make it virtually impossible to hack into this ecosystem.
4. Also, don't forget about the video game industry – incredible computing power will be used on supercomputers at the other end of the Earth, when you play on your computer.
5. Decentralized social networks: unlike their centralized competitors, such networks will not be controlled by a Central authority (which collects and sells your personal information), and content creators will be rewarded for their work.
6. States will also be interested in blockchain technologies and can integrate them into their activities: storage of classified information, identification of citizens, management of social protection, smart contracts, elections and even urban/public administration…
7. This can happen even earlier than you expect! In the future (not in 2018), a "decentralized big Brother" may appear – a city operating system that will cut costs and improve efficiency in all areas.
8. Combine blockchain and Artificial Intelligence – and you'll be able to manage transport services with fully Autonomous electric vehicles; build streets and buildings, saving energy; use smart contracts to respond to emergencies, provide utilities, monitor crime and more.
9. If the common system is centralized, it will necessarily be hacked, and then our life will turn into chaos.
10. Finally, I see the huge potential of blockchain for investing in real assets, the reason is simple: the cost and cost of investing in real estate will be sharply reduced after the elimination of intermediaries. It will also allow people to buy real estate without geographical restrictions. No need to wait for registration or open a Bank account. All transactions will be processed through smart contracts. The barriers to entry into this market will decrease.
11. Thus, there are at least three real possibilities of blockchain application in real estate: real estate funds, digital assets secured by real estate and tokenized property rights. Would you buy a house with a decentralized platform? I would buy!

The old fiat currency system will not let its monopoly just go way and will fight to the last breath and many innovations and millions of investors and crypto fintech users will be sacrificed.

Why Cryptocurrencies are neccessary in today's world?

-because banks are slow and expensive.

What is the real world use of these cryptocurrencies?

-smart contracts, privacy coins, limited supply

Why traditional assets and currencies are not enough?

-currencies can be printed unlimited, most assets needs physical handling.

What is the benefit of having bitcoin over dollar or any other currency?

-Limited supply, store of value, decentralised

Where do we use these Cryptocurrencies in today's world?

-Cabs, stores, coffee shops

Looks like you are making the project in your university and decided to get an answer to all your questions just in one post on this forum
Answering generally - nowadays they are not so necessary as they can be. Bitcoin now is something like one of the Tesla's inventions - they were too innovative for the time they were invented.
Bitcoin is not something from the future, it is right in place and in time, and world is ready to accept it. But not the big market makers, not the governments. Bitcoin will literally kill them.
So now it is in that stage when not only geeks are interested in bitcoin and other crypto , but people all around the world don't use it every day.

Cryptocurrencies are decentralized, democratic, no govt controls them, these are truly global and borderless assets backed by the innovative blockchain technology that makes them the need of the hour and definitely big part of the future economies.

At the moment, the main value of crypto-currency is the absence of borders in payments between different countries. The second value is a means of raising capital for startups (simpler, faster, more convenient). I am confident in the future we are expecting a wider and more applied use of bokchain technology

Plz explain where it's using right now in real life i know cryptocurrencies has the potential to hit main stream someday but right now i don't see it anywhere.

We need extra income or become trader for living in this time prices are going up. And investment in cryptocurrency and trading also with participating in airdrop and bounty will help contribute for daily spenses.

Cryptpcurrencies are used in so many ways of our daily life. If you want to earn something by investing you can do. If you want to purchase or make transactions where cryptos accepted, you can do. Even its popularity is going so high that it would replace physical note in future.

Cryptography is developed by many ICO projects, based on the form of cryptographic operations that they release tokens for capital mobilization. Investors saw high returns from the cryptographic market and attracted a large number of investors. Encryption brings many benefits to some countries.

Why Cryptocurrencies are neccesary in today's world?

What is the real world use of these cryptocurrencies?

Why traditional assets and currencies are not enough?

What is the benefit of having bitcoin over dollar or any other currency?

Where do we use these Cryptocurrencies in today's world?

Newly Added Questions

What benefits real cryptocurrencies gives you?

Why you are so excited by the introduction digital currencies?