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Author Topic: Why the world really needs virtual currencies  (Read 8414 times)
BlackBeauty
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May 08, 2018, 11:35:09 PM
 #481

The cryptocurrency is freed from the exploitation of the people by the bank of financial relations, and it is free from the government's indiscriminate use of money to cause inflation!

It is another great attempt of human society!

Encryption money is still young, and there are many shortcomings that need to be improved!

We need to believe that cryptocurrency and blockchain technology will change humans together!
Yes it will make our life more comfortable and we can use it every where if we go to another country so it will very easy to pay in bitcoin because bitcoin is not for special countries rather it is use world wide because bitcoin is a global currency, that's why everyone can earn easily and they can fulfil their dreams, so cash salary is not enough for our life do that's why virtual currency is most important for easy life.
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May 09, 2018, 10:00:06 AM
 #482

For the simple fact of fast transactions between A person (from X country) and B person (from Y country).
Blockchain technology provides transparency which is a great thing too. And no middle-man anymore.



I think when something called value (not a promise to pay value) is held by a large population, they will try their best to maintain their financial position in the global downfall because they have control over their values. Crypto currency will play a key role in the coming years that will change the way we live in financial society.
when something big is far from the control group a small number of people (we call them our representatives) are less likely to affect the financial status or mindset of a large population.
Our representatives are absolutely not enjoying this invention for sure but a common person who has full control over his assets now and does not have to pay high taxes is indeed feeling blessed. Besides, virtual currencies are much better than paper money in terms of speed and security. They keep the identity of owner safe. Above all, these can really help a person in becoming millionaire in the easiest way possible.
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May 09, 2018, 11:20:22 AM
 #483

Cryptocurrency can not be separated from the innovation and advancement of digital technology that can not be dammed and increasingly affect the lives of modern humans. In the daily life of man, the money as a medium of exchange. We know that the money that is generally applicable in the world today is the physical money that we have known since we first got an allowance from parents. But apparently, in this dynamic modern world, in addition to physical money such as dollars, dollars, dinars, riyals, yen, or yuan there is also money in a virtual form called cryptocurrency. Cryptocurrency or digital money, has changed the world's financial order, every country and developers are competing to create virtual money to get consumers as the rightful owner of the money. Ease of transactions using virtual money is much more practical, simple and secure does not need to require thick sheets of paper in the dempet or credit card of all types of banks, you simply have a smartphone that can be connected to the internet and have a digital wallet then you can transact worldwide using cryptocurrency.
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May 09, 2018, 11:35:48 AM
 #484

As we know that the main problem of the current transaction world is transaction cost and speed, surely this will make the transaction error system someday if there is no best solution, the presence of cryptocurrency and virtual currencies is certainly the best solution.

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socksserver3
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May 09, 2018, 07:34:57 PM
 #485

I am sure that everyone understands that we need certain changes and the cryptocurrency is able to provide us with the necessary changes, bringing improvements, and providing a lot of opportunities.
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May 10, 2018, 11:00:21 AM
 #486

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

These technologies are really very convenient and they will be used in future everywhere. Thus, do not be in a hurry to get rid of the alts and Bitcoins. In this case, you'll be happy and have the better life.
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May 10, 2018, 11:11:47 AM
 #487

As we know that the main problem of the current transaction world is transaction cost and speed, surely this will make the transaction error system someday if there is no best solution, the presence of cryptocurrency and virtual currencies is certainly the best solution.

Not just the issue of cost and speed of transactions that many people complain about but the injustice of the services of a bank that often distinguishes customers in terms of economic status makes people feel disappointed so they can not manage their money personally. Virtual currency such as bitcoin is the solution to all people's complaints related to bank services that always harming them.
kauban2018
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May 10, 2018, 01:20:54 PM
 #488

In my opinion, the world really needs the virtual currencies especially nowadays that almost all the inventions are fast and easy technologies because it will help others especially those OFW's that want to send money from abroad. Based on my research it helps them in sending money in a fast and easy way and has low fees than the other transactions. They don't need to charge fees to conduct payment and money transfer but with virtual currencies, these fees will be very low or zero. Almost all the people went abroad to work and to provide the needs of their family and give their support. So, they will really save as much as they could that's why I'm sure that this would really help them. We can also assure that this is secure to use for no one except the owner of a wallet can make payments from a wallet.
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May 10, 2018, 05:21:33 PM
 #489

Virtual money is really needed in the world because it will make business transaction to be done more easier online
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May 10, 2018, 05:30:24 PM
 #490

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!  Grin

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/
The transaction is getting worse and it is the reason why cryptocurrencies boomed. The cryptocurrencies can solve many financial problems. Actually, there are now many people and company who are using cryptocurrencies because it is more convenient than fiat money.

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May 10, 2018, 07:09:18 PM
 #491

As financial crisis occurs the economy and actually the whole country is affected, the stocks, in the market, the value of their currency all of it will greatly be atfected, ans this is where cryptocurrencies will be utilized since it can be a big help in boosting a country's economy if it is used in the right manner.



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Rainbot
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May 10, 2018, 07:23:01 PM
 #492

Everything around the world is taking place in the digital manner. Next, majority of the transactions were taking place in the form of digital cash. So, to make everything effective and more efficient than the present system something advanced is a must. To that blockchain technology paved the path and bitcoin became the success to fulfill the need.

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May 10, 2018, 08:23:46 PM
 #493

Now we are moving on to a more technological future, and I think that it's time to adopt various technologies that will surely help people in everyday transactions, for example, in crypto-currencies ...
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May 11, 2018, 01:19:51 PM
 #494

Virtual currencies will exist as long as there is internet and the digital space.
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May 11, 2018, 01:50:48 PM
 #495

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!  Grin

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

The changing times and technologies are the real reason why the world needs a virtual currency. Virtual currency is easier to use because it is decentralized, now people are doing online jobs and their payments are paid through virtual currency.

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May 11, 2018, 01:57:09 PM
 #496

As we know that the main problem of the current transaction world is transaction cost and speed, surely this will make the transaction error system someday if there is no best solution, the presence of cryptocurrency and virtual currencies is certainly the best solution.
That is true, and thanks to that we will be able to just make transactions worldwide faster than nowadays thanks to that everything what is connected to cryto happen on internet without any people who could just make this payment slower like in banks there are special accountants who need to "check" your transfer.

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May 11, 2018, 02:13:24 PM
 #497

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!  Grin

https://www.rt.com/op-edge/398890-financial-crisis-asia-curency/
We need virtual currency for us to improve our daily transaction. Our transaction is becoming more bad, cryptocurrencies can help us to have better and faster transaction.
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May 11, 2018, 02:18:55 PM
 #498

Virtual currencies will exist as long as there is internet and the digital space.




I think bitcoin needs in the world because its very useful to improve the world because of the new technology currency like people dont have a work but people can earn a money by using a bitcoin or investing a bitcoin and bitcoin currency is very safe to use and hold because we  can keep it and we have a chance to become rich.

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May 11, 2018, 03:00:57 PM
 #499

The world, now-a-days requires some unwanted objects for their luxury and happiness and btcs is among those.
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May 11, 2018, 05:18:28 PM
 #500

We need virtual currencies because it helps us to live an productive lifestyle. Wink Crypto currency like virtual currency help us to live an advance life. In this Internet society virtual currency paly an important part in our life it provide much more advantage then a normal physical currency.crypto currency provide a lot of advantages in banking sector. It provide uninterrupted and untraceable money transaction facility with low transaction cost.in case of virtual currency their is doesn't need to worry about taxes. And in this cryptocurrency job you are your own boss. And it also profitable in the case of trading different stuff on the Internet.  Smiley
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