Topic: Why People Choose Cryptocurrency? - page 46. (Read 159070 times)

A couple of years ago crypto was all about getting rich in one night. Of course it attacted a lot of easy-gain-seakers. Some of them earned a lot, others lost all they had. But the popularity of crypto has gone to the oon due to this hype)

Also, crypto opens up opportunities for total control over the population of our planet, which is why all this is done!

Cryptocurrency provides a wide scope for activities, from legal actions related to business and trading to not very legal transactions, for which even criminal liability is provided. Everything has its demand and its offers, as well as its price, depending on the risk. And what to do is a personal matter for everyone.

people choose to choose crypto because it is new and promises profit. lets remeber how much noise btc rising has caused, people can't forget it still and hope theyll manage to share that moment yet again

There's need for cryptocurrency. Cryptocurrency is changing the financial system and simplifying many things around us.

When cryptocurrency is created, all confirmed transactions are stored in a public ledger. All identities of coin owners are encrypted to ensure the legitimacy of record keeping

the profit obtained from the Cryptocurrency able to produce many more in the future. This provides the opportunity for someone to quickly grab the rich. so it becomes its own profits and confidence by choosing Cryptocurrency as the main choice of value.

Crypto currency has many advantages , it is not tracked by the state, it probably made me come here, and of course convenient payment for goods, these are the main reasons!

It's the next stage that we humans dreamt for the future. We all had different visions and what the world would be like in the next decade and blockchain technology is clearly one of them. Everything is virtually and there will be more things that are driven by AI for sure.

Cryptocurrency for the past years has been a source of income to the youth mostly due to it versatility, and because it is operating as a decentralized market.

They will not make the world decentralized. No state with a strong economy will allow this, 'cause decentralization is the enemy of the state.

People choose crypto due to their goal to raise money.
People see fast money and then try to use crypto currency to achieve goal.
But it varies from time to time

It's all about potentials and usage, people who loves innovations and new technology will be attracted with this new type of digital currency, we do love changes and if given a chance we all want to be liberated with financial capabilities, if crypto will be successful bringing system that can be your own
banks then we don't need anything from any third party services, and that's one of those reason why people are aiming they want financial freedom and
future success with this combinations of service and and investment platform.

First, I chose cryptocurrency to continue learning how the Bitcoin can be received in the wider community.
But increasingly here, I understand that cryptocurrency can continue to communicate with the whole world, between countries and between continents.

I think that people currently choose cryptocurrencies only as a means to make money quickly, but this will change over time.

People want to develop and engage in various fashionable and promising activities, and cryptocurrencies are not only fashion. Our future. By working here now, we can make this world a much better place.

Over the last couple of years, digital currency has been rapidly gaining the public eye. Here are some good reasons behind it.

• Fraud-proof: When cryptocurrency is created, all confirmed transactions are stored in a public ledger. All identities of coin owners are encrypted to ensure the legitimacy of record keeping. Because the currency is decentralized, you own it. Neither government nor bank has any control over it.

• Identity Theft: The ledger ensures that all transactions between “digital wallets” can calculate an accurate balance. All transactions are checked to make sure that the coins used are owned by the current spender. This public ledger is also referred to as a “transaction blockchain”. Blockachain technology ensures secure digital transactions through encryption and “smart contracts” that make the entity virtually unhackable and void of fraud. With security like this, blockchain technology is poised to impact nearly every segment of our lives.

• Instant Settlement: Blockchain is the reason why cryptocurrency has any value. Ease of use is the reason why cryptocurrency is in high demand. All you need is a smart device, an internet connection and instantly you become your own bank making payments and money transfers.

• Accessible: There are over two billion people with access to the Internet who don't have rights to use to traditional exchange systems. These individuals are clued-in for the cryptocurrency market.

• You are the owner: There is no other electronic cash system in which your account is owned by you.

There is actually no need. We were all fine with having fiat money but then again, when it was introduced to us, it has been the thing we never knew we needed. I think there will be a time that it will overrun the whole fiat economy. But for now, we should stick with the ones we know like ethereum and bitcoins.

People are attracted to cryptocurrency and it's potential basically because of the superior service and experience they are hoping to get. Cryptocurrency is about technology that is useful and technology is about growth and development of the society!

 I believe which cryptocurrency draws in more and more people these days due to the accessibility and also a large amount of cash in this region. However perhaps, later on, cryptocurrency would have been a typical point for all those.