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Topic: World economy is now being powered by cryptocurrencies. - page 6. (Read 702 times)

hero member
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As a solution to hacking problems:
The cryptocurrency industry is currently providing investors with excellent security options. Hacking is not possible using normally in blockchain technology. However, one must have a good understanding of how to operate these security options. A newbie must use crypto after gaining sufficient knowledge. Currently, the world's biggest companies have already taken all kinds of measures to use cryptocurrency.                                                                 
Hacking is very much possible in Crypto-currency there has been lots of times individuals wallet was hacked and the hackers made way with the individuals funds. The case in the link below is one of many
https://bitcointalksearch.org/topic/bitcoin-developer-lukedashjrs-wallet-was-hacked-5432665

Also crypto-currency exchanges has been target for hackers and in some occasions they have been successful and also made way with funds. This isn't to discredit Crypto-currency but to raise the need for you and others that think crypto is a safe heaven to have a rethink and consider being more focused on security because it can happen to anyone who falls victim.
full member
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People's lives have changed a lot since the advent of cryptocurrency. Investing in crypto in particular has produced enviable results for many. If a person improves, it contributes to the improvement of the society and at one point the country. At present Cryptocurrency is leading the world directly and indirectly which will be visible in the future. Today I will discuss the role of crypto in global financial development. How this cryptocurrency is helping the entire global economy.

                                                                        

Easy and cost-free transactions: Cryptocurrencies can be transacted more easily than banks. Due to its reliance on blockchain technology, there is virtually no comparable bank. Transactions can be completed with little cost. Another advantage is that transactions here cannot be deleted. So, all types of information are available. There is no room for cheating. You can make any transaction at any time.

As a solution to hacking problems:
The cryptocurrency industry is currently providing investors with excellent security options. Hacking is not possible using normally in blockchain technology. However, one must have a good understanding of how to operate these security options. A newbie must use crypto after gaining sufficient knowledge. Currently, the world's biggest companies have already taken all kinds of measures to use cryptocurrency.
                                                                      
Crypto banking benefits for poor countries:
Currently, banking systems are in operation in all countries of the world. But customers of all countries are not getting full bank facilities, many of them are out of bank facilities. Cryptocurrency is a good option for them. They can profit by investing in crypto. He can enjoy this benefit from any part of the world. It is not just one person who is benefiting here. Through this, the country is making great progress. Developing countries are still lagging behind if they can implement it well then the country can become more developed quickly.

Importance of crypto in financial activities: big companies of the world are now paying special attention to crypto. As a result, they are encouraged to invest in cryptocurrencies and some companies are already accepting their payments in crypto and thus they are growing more and more day by day. However, not all companies will approach this in the same way. A lot of companies that didn't get involved in crypto on their own terms are coming back.

Cryptocurrencies are being discussed positively today due to various reasons. Although there are some downsides to it, if there are more good things ahead, they should definitely be prioritized. All in all, cryptocurrency will gain more public support in the future and will play an important role in all types of financial activities in the world.

Do you think that within 2030 we will find crypto currency almost everywhere in the financial sector?
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