Why the world really needs virtual currencies

[Ajinomoto40]

I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history! 

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

I think one of the main reason why the world needs a virtual currency is for unity and ease. As we use a single currency in the future, the more the chances that everyone will be united. Also, bitcoin is a global currency meaning it can be used by anyone wherein the transactions from different parts of the world will be made more easier than ever. Another thing is we are aready in the digital age so the currency should also be innovated together with the changes in the world.

[Silverstone1111]

I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history! 

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

Yaa mate thanks a lot for sharing the website that gives a lot of insight. I have known about the supremacy of a nation that tries to manipulate and control other nations. It is a group of people who secretly govern the nation and own Federal reserve banks that have control over the economy  of the world. Many people are unaware about the global dominance from the secret group of people and day to day effect. Soo development of virtual currency is a turning point for humanity. Our society can thrive and become more abundant and creative when there is a decentralized global currency. The wealth gap shortens and people will rise off poverty. We don't have to be under the fear of financial crisis.

[taiwww]

USD is dominating the whole world. Its in real terms a world currency, getting accepted, exchanged in any part of the world. So whenever change in price of USD takes place world reacts to it. Efforts has been made by many countries, European Union to create a strong alternative to USD but still $ is ruling. So cryptocurrencies get introduced. People got an option to trade without interference and influence of any government or institution. Trade of crypto/digital currencies needs laptops, smart phones etc which people already have. Use of these currencies is quiet easy and less expensive, less time consuming but most secured.

[supine]

I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history! 

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

I think the world needs it. In my country when we want to buy something online we need to deposit our cash first in order for us to transact with an online store. However, this process may change when they start to accept virtual currencies.

[swordling143]

I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history! 

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

Well first of all, the technology is evolving and all the companies around the world are beginning to adapt the change. For example, there were no online shops back then, but now a lot has been establishing their own websites, and that's where bitcoin comes in.

[Lorna t]

  why the world really needs virtual currencies!!!
Because the world today's inadequate in money, because of quantity or excessive waste in the government that today is wealth is much bigger and the poor I even more difficult. Many people here in the world are poor and need money because a hundred percent people who do not have jobs are working on, how to find a real job and to make money to help the family good and prosperous life that the world also needs real currencies in the world if the whole world knows and they believe in bitcoin it help ours. Wanting currencies everyone who knows the bitcoin helping people who also suffering from the hardship of life and the entire world....

[Valzzz005]

I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history! 

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

For me we really need it simply because the world is not big enough and the world does not have enough supply of those raw materials used to create money, paper money a cash. And if we use digital currency or virtual currency we do not need to think where to get a supply of cash because virtual currency just needs a program in the computer to duplicate it. The world will be much convenient than ever because we do not need to bring a lot of cash we just need to bring our mobile phone because it is always with usm

[TastyChillySauce00]

I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history! 

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

For me we really need it simply because the world is not big enough and the world does not have enough supply of those raw materials used to create money, paper money a cash. And if we use digital currency or virtual currency we do not need to think where to get a supply of cash because virtual currency just needs a program in the computer to duplicate it. The world will be much convenient than ever because we do not need to bring a lot of cash we just need to bring our mobile phone because it is always with usm

That actually sounds right, all these stupid traditional money only destroying our earth because in every money printed, there's so many trees that's been chopped off.
So, if the whole mankind want to keep the earth, they can just simply switching over to digital currencies such as cryptocurrencies or digitalized traditional money which is in form of debit card or credit card.

[jc89]

I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history! 

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

So I've read the article though I must admit I skipped other parts. And I agree with you that it really is an on point article that tell all the reasons why virtual currencies are needed. It's been discussed how a group of people can manipulate and cause financial crisis on a certain country and it should end now. Cryptocurrencies might be the answer to this crisis though it can also be manipulated by whales, still it is by far the solution to financial problems. With that being said, countries who aren't still legalizing it should consider this.

[Alalex]

The world enjoys it so much of it has a pc, meaning there is a high percentage of people in tecnelogi now very populeer online easier and safer. So all this takes a virtual currency, giving us the opportunity to feel safe and secure when making payments and other transactions.

[Andrianla]

The world enjoys it so much of it has a pc, meaning there is a high percentage of people in tecnelogi now very populeer online easier and safer. So all this takes a virtual currency, giving us the opportunity to feel safe and secure when making payments and other transactions.

I agree with your opinion, the world needs virtual money because of the increasingly sophisticated technology. The safe, cheap and fast transactions we need.

[semarmesem195]

Because if there is no virtual money, then we will miss the technology. With increasingly sophisticated technology and lots of trading applications that use payments with virtual money, this is the best option for the world to have virtual money.

[Pasaway2701]

I came across an article this morning that, to me, really shows why the world needs a virtual currency. I'm from England, and there's a saying here that goes: "When America sneezes, the rest of the world catches a cold." The article discusses the history of the Asian Financial Crisis, and how we may be heading toward something similar.

It amazes me that we have a currency that can potentially protect us (working people) from global financial crises. This is unique and incredible time in history! 

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/

I think the world needs it. In my country when we want to buy something online we need to deposit our cash first in order for us to transact with an online store. However, this process may change when they start to accept virtual currencies.

Bitcoin maybe created to have easy way of transaction around the world with less fee. Also to give people additional earning through the use of internet where everyone can get income more than can earn in the industry. To give everyday me a financial freedom and to follow the flow of having new technology. Since everyone can access on the internet it is better to use digital currency in paying online goods and services without any hassle.

[anhhung409]

Yes, perhaps we have too much dependence on the United States when everything can be bought in dollars. That is why we need a world-wide, unbindable, tax-free, and usable currency that can be used anywhere in the world. And since then, the virtual currency era has opened up as demand has grown and cash is no longer available

[fiomcorka]

I think the world needs Bitcoin due to the following reasons:

1) To facilitate cheaper trade and commerce without the fear of being robbed by banks of all profits that rightfully belongs to merchants.  
2) To engage into business worldwide without having to comply with all legal requirements and papers that are so tedious and expensive.
3) To control ones money.
4) To ensure ones transactions are secured, and your identity is not put at stake or will be used against you in the long run.

The above enumeration is not exclusive. There may be other reasons behind the move to cryptocurrencies.

World is in the need of cryptocurrencies just because of all these reasons that have been mentioned in yours list. Adding some more to it, I want to say that cryptocurrencies have opened up the doors to entire new era of development and has provided a way of earning to thousand of the jobless people hence contributing as one of the largest factor behind reduction of unemployment.

Moreover, the use of digital currencies has proved to be easiest way for cross border trading and money exchanges without any taxes and complete security and confidentiality of personal information of the holder.

[bitgolden]

The virtual world supersedes or replaces the present in some cases...therefore the virtual currency is one more stage of development...it is convenient, accessible and most likely it will progressively be used in the future

That’s the main reason that people need something extra from their money and all this is possible if they invest into the cryptocurrency as we all know that crypto has a capability to generate huge revenue from investment and so far bitcoin has given a lot to the people that’s why people are asking for this coin to rule the world currency throne and as now btc usage is legal among many regions this will bring change.

People are now sick of using pieces of paper and all they want is to generate money from money and bitcoin is here to give them ease and the main reason behind the bitcoin popularity is that it is giving its user extra money that can totally change his life and I am also using this coin because cash is not fascinating for me but bitcoin is it allows me to spend it hold and get profit from it and all I need is profit.

[gadimbrut]

I think the world does need a virtual currency because it provides a variety of ease in transactions and with a very easy cost and also security is assured

[stepwilli]

I think the world needs "virtual" (digital) currency because we're basically living in one (virtual/digital world).  Almost every action we take like shopping, selling, services are connected via the computer/internet/digitally, thus the creation of digital money.  

Definitely there is no doubt in the fact that everything is just turning into computer and software’s. You want to do shopping, you can do it online. You want to order food, you can order it online and many other features like this are coming ahead.

Future is all about technology and so is the bitcoin. These both are in pair, ready to change the whole scene of world just in coming future.

[Allan Ramanda]

as we all know, the world is getting more and more advanced and sophisticated. plus people want to make money not just work alone in the office only. so everyone would want to find wealth by all means, for example with this bitcoin. bitcoin is a digital currency that we can exchange with the appropriate currency in your country. transact easily and how to get it is also not so difficult.

[kemonojim]

Yes, perhaps we have too much dependence on the United States when everything can be bought in dollars. That is why we need a world-wide, unbindable, tax-free, and usable currency that can be used anywhere in the world. And since then, the virtual currency era has opened up as demand has grown and cash is no longer available

very precisely, indeed for now I think the USD will shift or be replaced with a very amazing digital currency like bitcoin. Where we can use bitcoin for all purposes, although today bitcoin is still very little accepted by entrepreneurs in their store, that is not a very bad thing. Because bitcoin prices that will definitely help us to do all these things and also our ease to exchange money without having to be taxed very high and do not need to struggle to find a place to exchange money.