Why the world really needs virtual currencies

[stepwilli]

World needs a virtual currency because one paper currency differs for every country and crypto currency can be used world wide, usage of paper can be massively decreased if crypto currency is considered to be a world currency by governments. And with technology improving by the day, paper currency is out dated and corruption is more because of paper currency  .

Bitcoin become alternate currency that ever made on this digital era. Every people will keep looking for making transaction easier and cheaper fee so it's all on bitcoin. But fiat still can't be replace by bitcoin since they are 2 different things and they have their own advantage and disadvantage

Actually this is the real point of cause behind this question. Why we are going to use such virtual currency that even don’t exist physically. The reason is simple.

Everyone wants a cheaper and simple transactions that can be controlled by them, not by someone else. So fiat couldn’t be replaced, you are true but these both type of currencies will be used in pair in future.

[Gozie51]

I also think of this and I think I can share my opinion about this one.

Since we are in a world where "virtual" is being attached, the digital world is coming into an end. As you can read and see on the newspapers and the news there are a lot of technology today that is being linked to virtual world. An example is the virtual world, I know most of us here heard of it, especially anime lovers. We are going straight into a world where we can stay at home still we can do what we are usually doing and that is how it is connected to virtual currencies.

There will come a time when people don't really hang out, but hang out online. Talk to other people, go to other places but in reality, they are at their houses. The future will really make you think and make you excited.

That is the power of information. The era we are is the time of knowledge and it is there in the bible (in the book of Daniel ). That at this time, man's knowledge will increase and so many things we start to happen which is what we are witnessing today.

[Mobshady24]

virtual currencies has a lot potential in this generation because of its convenience and security that it gives to the users. Bitcoin can be use as an investment and a means to buy things that is why it is being used widely throughout the world and the protection that blockchain makes it more popular.

[infer]

One thing we need to make it clear here is that bitcoin and the cryptocurrency is not totally the same as virtual currencies. I think that virtual currency is more suitable for PayPal, perfect money or Amazon balance. Others are cryptocurrency, They are newly created and most of them are based on the blockchain technology. They are secure, anonymous and decentralized, which is better than traditional virtual currency as well as fiat

[jak3]

I think we need a new Money system as because we are using that same money system from maybe like 500BC only the banks are improving their ways of making money.they have improved so much that now we are using paper instead of goods and now they officially have rights to create or destroy any amount of money they want. But a virtual currency can stop that crime so we should, of course, use that. in old age, people choose banks because they do not have any other choice but now we do have choices.

[aardvark15]

World needs a virtual currency because one paper currency differs for every country and crypto currency can be used world wide, usage of paper can be massively decreased if crypto currency is considered to be a world currency by governments. And with technology improving by the day, paper currency is out dated and corruption is more because of paper currency  .

Bitcoin become alternate currency that ever made on this digital era. Every people will keep looking for making transaction easier and cheaper fee so it's all on bitcoin. But fiat still can't be replace by bitcoin since they are 2 different things and they have their own advantage and disadvantage

Actually this is the real point of cause behind this question. Why we are going to use such virtual currency that even don’t exist physically. The reason is simple.

Everyone wants a cheaper and simple transactions that can be controlled by them, not by someone else. So fiat couldn’t be replaced, you are true but these both type of currencies will be used in pair in future.

There are several reasons why cryptocurrencies or virtual currencies will be beneficial economically:

1) Decentralized cryptocurrencies are not controlled by a government so they are immune to that governments financial problems such as high inflation (at least in a direct way).

2) Cryptocurrencies don't have to be held by a third party such as a bank or held in a physical form so they are more secure.

3) Since decentralized cryptocurrencies are global, you can send anywhere in the world and you don't necessarily have to convert to a government currency.

These are just a few of the benefits of cryptocurrencies that show why the world will better off if they are adopted in a more mainstream way.

[Gracechen17]

Well, those that benefit from it are those individuals who put their hands into it. It will not really solve the financial crises of the whole country or continent in my opinion because not everyone is into it.

[Despacito]

World needs a virtual currency because one paper currency differs for every country and crypto currency can be used world wide, usage of paper can be massively decreased if crypto currency is considered to be a world currency by governments. And with technology improving by the day, paper currency is out dated and corruption is more because of paper currency  .

Bitcoin become alternate currency that ever made on this digital era. Every people will keep looking for making transaction easier and cheaper fee so it's all on bitcoin. But fiat still can't be replace by bitcoin since they are 2 different things and they have their own advantage and disadvantage

Actually this is the real point of cause behind this question. Why we are going to use such virtual currency that even don’t exist physically. The reason is simple.

Everyone wants a cheaper and simple transactions that can be controlled by them, not by someone else. So fiat couldn’t be replaced, you are true but these both type of currencies will be used in pair in future.

There are several reasons why cryptocurrencies or virtual currencies will be beneficial economically:

1) Decentralized cryptocurrencies are not controlled by a government so they are immune to that governments financial problems such as high inflation (at least in a direct way).

2) Cryptocurrencies don't have to be held by a third party such as a bank or held in a physical form so they are more secure.

3) Since decentralized cryptocurrencies are global, you can send anywhere in the world and you don't necessarily have to convert to a government currency.

These are just a few of the benefits of cryptocurrencies that show why the world will better off if they are adopted in a more mainstream way.

We need them anyway in this world, we need to get the things be faster than its conventional method. Sending money, making cross border payments for example.

All of them was very time consuming before virtual currencies, now they're easy to be in seconds.

[wahb]

World needs a virtual currency because one paper currency differs for every country and crypto currency can be used world wide, usage of paper can be massively decreased if crypto currency is considered to be a world currency by governments. And with technology improving by the day, paper currency is out dated and corruption is more because of paper currency  .

Bitcoin become alternate currency that ever made on this digital era. Every people will keep looking for making transaction easier and cheaper fee so it's all on bitcoin. But fiat still can't be replace by bitcoin since they are 2 different things and they have their own advantage and disadvantage

Actually this is the real point of cause behind this question. Why we are going to use such virtual currency that even don’t exist physically. The reason is simple.

Everyone wants a cheaper and simple transactions that can be controlled by them, not by someone else. So fiat couldn’t be replaced, you are true but these both type of currencies will be used in pair in future.

There are several reasons why cryptocurrencies or virtual currencies will be beneficial economically:

1) Decentralized cryptocurrencies are not controlled by a government so they are immune to that governments financial problems such as high inflation (at least in a direct way).

2) Cryptocurrencies don't have to be held by a third party such as a bank or held in a physical form so they are more secure.

3) Since decentralized cryptocurrencies are global, you can send anywhere in the world and you don't necessarily have to convert to a government currency.

These are just a few of the benefits of cryptocurrencies that show why the world will better off if they are adopted in a more mainstream way.

We need them anyway in this world, we need to get the things be faster than its conventional method. Sending money, making cross border payments for example.

All of them was very time consuming before virtual currencies, now they're easy to be in seconds.

that is right that in modern time the world is a global village and therefore people were feeling the need to buy and sell thing on international level, which was a very long and time consuming process and that is the reason they feel the need to have a universal currency throughout the world having same value everywhere. which is more easy to use throughout the world.

[congresowoman]

Virtual currencies paved the way to more secure features of our money. I think it gave us the freedom to manipulate our own money the way we see it. We are offered freedom from banks. We should promote the use of virtual currencies, because let's face it, in this fast changing world, trends have also become fast changing.

[Barcode_]

Because the value and volumes of virtual currencies is not being control by anyone, not even the government of any countries can affect the price of it. If there is a high demand in the market for a certain type of virtual currency, the values of it will goes up and this will naturally create a free market for everyone without the need for banks and government to regulate it, this will create freedom for the users who uses it as a payment method to trade goods or services between each other.

[Cherylstar86]

World needs a virtual currency because one paper currency differs for every country and crypto currency can be used world wide, usage of paper can be massively decreased if crypto currency is considered to be a world currency by governments. And with technology improving by the day, paper currency is out dated and corruption is more because of paper currency  .

Bitcoin become alternate currency that ever made on this digital era. Every people will keep looking for making transaction easier and cheaper fee so it's all on bitcoin. But fiat still can't be replace by bitcoin since they are 2 different things and they have their own advantage and disadvantage

Actually this is the real point of cause behind this question. Why we are going to use such virtual currency that even don’t exist physically. The reason is simple.

Everyone wants a cheaper and simple transactions that can be controlled by them, not by someone else. So fiat couldn’t be replaced, you are true but these both type of currencies will be used in pair in future.

Well,  to see it a better ways of improving online transactions, I guess will be able to have more opportunity to have faster transactions. Replacing fiat is not a good idea and if ever virtual currencies will dominate the world, we cannot remove fiat cash because that's the only way to be able to appreciate virtual currency to be seen physicaly due to capable of being exchange from btc to fiat.

[bitcoindusts]

I think the world is shifting to automation to have fast and secure transaction.  This is one of the reason why the world really needs virtual currencies.  Fiat currency that is tangible is somehow hard to be automated and cost a lot to move.  Unlike virtual curencies, it can be moved anywhere in just a click of a mouse to need to move tangible things from one place to another that delayed the process.

[CARrency]

Virtual currencies paved the way to more secure features of our money. I think it gave us the freedom to manipulate our own money the way we see it. We are offered freedom from banks. We should promote the use of virtual currencies, because let's face it, in this fast changing world, trends have also become fast changing.

That is so right, we really need to cope up with the change because if we don't, we might be left behind. There are a lot of features of digital currency but I think in the future when people are using these currency is because of it's security. In a digital world, hackers are also evolving, taking care of your money is very essential, not only that it also keep your identity hidden.

[tstang]

more security, faster transactions - this is exactly what the modern market requires

[majdoso]

The world now is developping and human needs too. If someone want to make something brilliant for the humanity he should make daily tasks easier for people.
The world is moving so fast and now virtual currencies are something necessary because it accelerate everything in peoples' life.

[Agamemnus]

Why the world really needs virtual currencies is because they are borderless and leaderless. People are so used to having owners and bosses, so this will give them a chance to escape.

[BeGoods]

World needs a virtual currency because one paper currency differs for every country and crypto currency can be used world wide, usage of paper can be massively decreased if crypto currency is considered to be a world currency by governments. And with technology improving by the day, paper currency is out dated and corruption is more because of paper currency  .

Bitcoin become alternate currency that ever made on this digital era. Every people will keep looking for making transaction easier and cheaper fee so it's all on bitcoin. But fiat still can't be replace by bitcoin since they are 2 different things and they have their own advantage and disadvantage

Actually this is the real point of cause behind this question. Why we are going to use such virtual currency that even don’t exist physically. The reason is simple.

Everyone wants a cheaper and simple transactions that can be controlled by them, not by someone else. So fiat couldn’t be replaced, you are true but these both type of currencies will be used in pair in future.

Yeah I think the more fore people will need something simple and flexible for their daily transactions. and I think virtual currency is the currency that fits into something they expect. other than that the internet is increasingly used by many people in the world and because of it. it will support for the use of virtual currency in the community

[sariz12]

bitcoin is needed in the future because we need a secure type of currency every people will keep looking for making transaction easier this is one of the reason why the world really needs virtual currencies this is a very valuable

[StarofBTC]

World needs a virtual currency because one paper currency differs for every country and crypto currency can be used world wide, usage of paper can be massively decreased if crypto currency is considered to be a world currency by governments. And with technology improving by the day, paper currency is out dated and corruption is more because of paper currency  .

Bitcoin become alternate currency that ever made on this digital era. Every people will keep looking for making transaction easier and cheaper fee so it's all on bitcoin. But fiat still can't be replace by bitcoin since they are 2 different things and they have their own advantage and disadvantage

There is no doubt that Bitcoin and all other crypto currencies are very positive step for the welfare of this society. The world actually need this virtual currency because of the reason that it provides them a guarantee of this thing that their money will not be stolen. Moreover, they can earn more amount of money by investing in virtual currency.