Topic: Why should people use Crypto Currency? (Read 163 times)
Crypto currency is very convenient, because the current money is highly prone to inflation because of the constantly working machine for printing money. In addition, it allows us to introduce a single currency for the whole world, so it will become easier to pay with different countries. In addition, it is much faster and cheaper than bank transfers
Crypto Currency is been use for so money purpose, Do you think is there real need of crypto currency? What is the future of crypto? I would like to hear your opinions on Why should people use Crypto?
For me, there are so many advantages of cryptocurrency if we use them. I recognized their advanced technology. It is considered as digital cash and for that, it is advantageous fo some businesses. Transactions are also private and more convenient because it will not pass through 3rd party and/or banks. Therefore, it is costless. Most of all, I like it being an anonymous.
Crypto Currency is been use for so money purpose, Do you think is there real need of crypto currency? What is the future of crypto? I would like to hear your opinions on Why should people use Crypto?
There are different goals for everyone. I want to benefit from cryptocurrency, so my goal is to use crypto to invest long-term. In my country cannot use crypto as a transaction tool, cryptocurrency only applies as the exchange rate. 
In my country cryptocurrency not regulated yet, so i buy crypto just for short and long term investment to gain profit. When in my country hard to looking for offline job, cryptocurrency market helped many people here to make money and use it to buy good and service for daily life. This mean crypto has advantages to help many poor people.
I don't think that's necessary.But for example, all the progressive countries have already started to use and legalize cryptocurrencies as actively as possible
The main good features in crypto are fast and cheap transactions, as well as transparency. The key things for the global economy.
Quote
I've been working on a new electronic cash system that's fully
peer-to-peer, with no trusted third party.
The paper is available at:
http://www.bitcoin.org/bitcoin.pdf
The main properties:
Double-spending is prevented with a peer-to-peer network.
No mint or other trusted parties.
Participants can be anonymous.
New coins are made from Hashcash style proof-of-work.
The proof-of-work for new coin generation also powers the
network to prevent double-spending.
Bitcoin: A Peer-to-Peer Electronic Cash System
Abstract. A purely peer-to-peer version of electronic cash would
allow online payments to be sent directly from one party to another
without the burdens of going through a financial institution.
Digital signatures provide part of the solution, but the main
benefits are lost if a trusted party is still required to prevent
double-spending. We propose a solution to the double-spending
problem using a peer-to-peer network. The network timestamps
transactions by hashing them into an ongoing chain of hash-based
proof-of-work, forming a record that cannot be changed without
redoing the proof-of-work. The longest chain not only serves as
proof of the sequence of events witnessed, but proof that it came
from the largest pool of CPU power. As long as honest nodes control
the most CPU power on the network, they can generate the longest
chain and outpace any attackers. The network itself requires
minimal structure. Messages are broadcasted on a best effort basis,
and nodes can leave and rejoin the network at will, accepting the
longest proof-of-work chain as proof of what happened while they
were gone.
Full paper at:
http://www.bitcoin.org/bitcoin.pdf
Satoshi Nakamoto
peer-to-peer, with no trusted third party.
The paper is available at:
http://www.bitcoin.org/bitcoin.pdf
The main properties:
Double-spending is prevented with a peer-to-peer network.
No mint or other trusted parties.
Participants can be anonymous.
New coins are made from Hashcash style proof-of-work.
The proof-of-work for new coin generation also powers the
network to prevent double-spending.
Bitcoin: A Peer-to-Peer Electronic Cash System
Abstract. A purely peer-to-peer version of electronic cash would
allow online payments to be sent directly from one party to another
without the burdens of going through a financial institution.
Digital signatures provide part of the solution, but the main
benefits are lost if a trusted party is still required to prevent
double-spending. We propose a solution to the double-spending
problem using a peer-to-peer network. The network timestamps
transactions by hashing them into an ongoing chain of hash-based
proof-of-work, forming a record that cannot be changed without
redoing the proof-of-work. The longest chain not only serves as
proof of the sequence of events witnessed, but proof that it came
from the largest pool of CPU power. As long as honest nodes control
the most CPU power on the network, they can generate the longest
chain and outpace any attackers. The network itself requires
minimal structure. Messages are broadcasted on a best effort basis,
and nodes can leave and rejoin the network at will, accepting the
longest proof-of-work chain as proof of what happened while they
were gone.
Full paper at:
http://www.bitcoin.org/bitcoin.pdf
Satoshi Nakamoto
Words of Satoshi Nakamoto, May be that will answer your question WHY?
Because in the world of Crypto one of the jobs that get results without going out of the house just takes the capital of courage, because when the price goes down we must be mentally prepared and not discouraged.
I think that the crypto currency has a great future. There are several reasons for this: there are no borders for them, it does not need intermediaries, it is decentralized.
Crypto Currency is been use for so money purpose, Do you think is there real need of crypto currency? What is the future of crypto? I would like to hear your opinions on Why should people use Crypto?
You see, there are different cryptocurrency, there are those that are used as money (for example, Bitcoin, Dash, Light Coin), and its technological innovations in which crypt currency as a share of this startup (Ethereum, Neo,Ada, and others). I think there is a need for crypto money. Because this is fast, anonymously and without intermediaries 
Actually it can be used simply like that I would send btc to someone in other countries, instead of using bank but btc is costly now, that would be any other coin. It is the simplest example.
I think people need to progress and since cryptocurrencies are our future I think we need to get used to them gradually
Cryptocurrency would be useful also when it come to online purchase, imagine you can make booking to a cinema to watch movie, eat dinner after that and have a sip of tea before going home without worrying a thing that someone might come and rub your money since you don't need to bring money with you if you can make reservations online and pay it through Altcoin.
Crypto Currency is been use for so money purpose, Do you think is there real need of crypto currency? What is the future of crypto? I would like to hear your opinions on Why should people use Crypto?
yes, crypto is being useful through online transactions, less hassle and we can send everywhere around the world. the future of crypto it might replace fiat in the future.
Technological developments that are so rapidly lead to new innovations, including in the field of finance. Crypto currency aims to provide convenience, security, and transparency in conducting unlimited transactions territory by using the Internet network. It is also used by investors to gain profit with investment.
today the crypto industry is growing rapidly. of the many new ico that comes with a variety of innovations. in essence, one's involvement in crypto or virtual currency for profit. yes, that is what is his will. however, if in the future there will be altcoin that can be a tool of transactions in real life with so vritual currency has been accepted by the world community.
I think crypto is just used to look for benefit in the internet. does not mean we need to desert every one of the exercises in reality
Since cryptocurrencies are decentralized that means it is not controlled by anyone so it would be free to transfer/share/lend currencies without being controlled.
Good day! Its good to join cryptocurrency. Technology is advancing every year. We need to catch up on it and cryptocurrency payment for goods and services online is a great chance for besides faster payment, we have the chance to invest and earn.
Crypto Currency is been use for so money purpose, Do you think is there real need of crypto currency? What is the future of crypto? I would like to hear your opinions on Why should people use Crypto?
I have an app on my Phone called Sureremit that uses RMT to make donations and even send vouchers all over the world. i have tested this app and even sent airtime and vouchers to my family without paying huge fees. There are many crypto that people are using in their daily lives. Maybe Crypto adoption is not huge but it has its use cases .
With crypto curreny, fees are reduced to the very minimum and their is no need for centralized power and restrictions to make transaction to families all over the world. Crypto is the future and anyone thinking otherwise is missing out
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