Why the world really needs virtual currencies

[misterj]

In my opinion and based on what I understand in the book that I have red. Virtual currency is like gold, they are both accepted by everyone regardless of what country they come from. This means that we need a currency where everyone understands in case of a problem in their fiat money which could save them from this such problem. If a country is falling apart so as their currency which means they would need some alternative so that they could prevent it.

[Icoalert00]

it is very simple because the world is getting larger i mean those who are your families are getting abroad. meaning if they have to send you some moneys they should be going to remitances but if we have digital money or virtual currencies for sure it will be so easy.

[AjithBtc]

it is very simple because the world is getting larger i mean those who are your families are getting abroad. meaning if they have to send you some moneys they should be going to remitances but if we have digital money or virtual currencies for sure it will be so easy.

World getting larger day by day, same time this is not getting more popularity as a transaction service. It has been gaining importance as an investment. Virtual currency existence helps in unwanted spending, which happens with the paper money generation. World is getting more advancement and to meet it virtual currencies were must.

[hynext]

We have vitual friends, virtual relationship and not complete if non currency. They created bitcoin for virtual currency with anonymous status to protect each users in the world. We need to develop our living for better life.

[Baoo]

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/

There is great importance to the virtual currencies in facilitating the movement of money  and the world is surely needs them  because we need the rapidation to get  money.

[SirLancelot]

It is ture that the world really needs virtual currencies. People are updated now day by day.People want to do many things in virtually and probably want to do all things in virtually. Bitcoin is a virtual currency which based on online.If people do all things in virtually, they will not need to pay in cash.For those reason,I think the world really needs virtual currencies.

Yes, Virtual currencies are the need of time and people need this because they are travelling a lot worldwide and it is really hard for travelers to get their currency exchanged or converted into the currency of the receiving state.

Virtual currencies have reduced the crime rate and mild robberies as well because now no one knows how much you are holding into your wallet just by looking at you.

[Gtwidris]

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/

There is great importance to the virtual currencies in facilitating the movement of money  and the world is surely needs them  because we need the rapidation to get  money.

Bitcoin has often been associated with illegal activities such as money laundering and the trade in illegal goods, mainly because its transactions can be carried out anonymously. However, experts warned MEPs not to overestimate these risks.
I would say it's bad bad news.

[Hotrod_88]

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 need to adapt the virtual currency or the digital currency simply because cash is ab old school thing. And think of all those raw materials needed for the cash to be made. Thats are not all permanently in this world  they are loosing the numbers. So in order to preserve the nature wonders we need to think and adapt the another more convenient way to have currency without consuming all those raw materials in this world. We can make our own our digital ways we can use currency even without cash and that is much easier for us.

[shinchan123]

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 virtual currencies simply because technology is getting more and more advanced each day. With the advancement of technology a lot of changes and innovations happen that we need to adapt to. One of these innovations is the fact that the payment system is still the manual where we need to deposit money or use credit cards when we want to buy something online.

[Wagako]

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/

We are now leaving where technology is really needed that's why virtual currency is really needed because we now shop online and with the use of virtual currency we can do it. Bitcoin is a coin oh n that can be use as a virtual currency. I

[lighpulsar07]

the reason why world need cryptocurrencies/virtual currency is, the technology is always advancing over time so it will be convinient for us to make a currency that is decentralized and doesn't need to go to bank or remittance centers to send money to your loved ones and also, you don't need to put your bank info to pay or shop online with bitcoin you can shop online anonymously.

[mrproblem]

For me : If my money is in a card instead of my pocket and I am able to use that just with a card or with any barcode it is fine.
Using a printed paper doesn't matter.
But in anycase you will have problems with stocking it safely.
You can burn money in your pocket but what about cyrptocurrencies : )

[Dodoymabs]

the reason why world need cryptocurrencies/virtual currency is, the technology is always advancing over time so it will be convinient for us to make a currency that is decentralized and doesn't need to go to bank or remittance centers to send money to your loved ones and also, you don't need to put your bank info to pay or shop online with bitcoin you can shop online anonymously.

That's absolutely true, as the year keeps passing by technology keeps also advancing. With the birth of this new virtual currency many are amazed and it breaks the history of the market. As this present day, many high-tech gadgets have been emerging so its important that this virtual currency must be needed.

[Sled]

the reason why world need cryptocurrencies/virtual currency is, the technology is always advancing over time so it will be convinient for us to make a currency that is decentralized and doesn't need to go to bank or remittance centers to send money to your loved ones and also, you don't need to put your bank info to pay or shop online with bitcoin you can shop online anonymously.

That's absolutely true, as the year keeps passing by technology keeps also advancing. With the birth of this new virtual currency many are amazed and it breaks the history of the market. As this present day, many high-tech gadgets have been emerging so its important that this virtual currency must be needed.

The virtual currencies will give a lot of benefits to the people because it will give a lot of option to do faster transaction and also more secured kind of transaction since it is being protected by a lot of people who are supporting the network of the cryptocurrencies. We need the virtual currencies because it will open a lot of possibilities for us.

[adiksau0414]

Modern days is already in our way for global competencies. Virtual currency or what we electronic currency is vital part of tjos modern days because it help people to keep pace with modernization. As of now, our world is very high tech and almost all part of the world have access to the internet. For the accessibility and at ease way of doing everyday work, people have think ways to make available to everyone. Especially in payments, people have to wait in a long queu just to pay their bill, time is wasted. Now, with.just a click in your mobile phones everthing will be settle, shopping, bills and other needed to be paid.

[Jannatul Shefa]

In the age of technology people totally depends on technology.They're totally engaged with one another in virtual world.In this virtual world people needs currency for exchange.So for this modern civilization virtual currency is utmost.

[jmarkrodriguez]

For faster, cheaper bank transfers. the way banks move money today is archaic. International bank transfers can take up to a week, with correspondent banks and country-specific clearing houses involved at both ends. Even the cross-border sharing of payment data faces challenges and frictions. By using a digital currency such as bitcoin, bank transfers could be made instantly, cheaply and safely. In fact, such transfers could even happen without using new currencies. Ripple Labs, for which I am an adviser, supports a protocol that allows clients to transfer funds from one currency to another (say, dollars to euros) using a secure digital ledger. Their technology moves money around the globe in seconds by first finding the most efficient path between trading partners, where the path might consist of a series of transactions among foreign exchange traders who have accounts in a variety of banks, and then confirming all required transactions simultaneously.

[ariewashere1]

It's interesting to see various views about this topic. Some think that altcoins out to be offered now and invest everything in bitcoins and other think that it is the better to maintain altcoins. In my opinion, I wouldn't sell them now when they're at the bottom. Things are in red-colored and I would lose some cash if I sell them now. The other reasgn why I will not market them is that In my opinion in altcoins. I believe that they have a brilliant futurI agree that Bitcoin may be the full of cryptocurrency, but you can make money too with trading altcoins. You just need to pick best ones. Sometimes you will be successful and what happens if you fail, but that's the learning contour.ho. e

[ThunderCatSteve]

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/

There is great importance to the virtual currencies in facilitating the movement of money  and the world is surely needs them  because we need the rapidation to get  money.

Bitcoin has often been associated with illegal activities such as money laundering and the trade in illegal goods, mainly because its transactions can be carried out anonymously. However, experts warned MEPs not to overestimate these risks.
I would say it's bad bad news.

After reading different articles from different websites about digital currencies,  the reason that I was able to figure out behind the creation of Bitcoin,  which is also known as the mother of crypto currencies, is that rich guys were in need of transacting their money across the world on low rates at fast speed without interference by government or banks. But with the passage of time many people Started investing in it due to its appealing features and it reached today's popularity.

[enterprevic1]

Coupled with the way we're improving in technology and the likes, I think its a welcome idea that we can even transfer money without having to see it physically or expect to hold it physically