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Author Topic: What is the mission of crypto?  (Read 2829 times)
ntarah langger
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August 26, 2018, 09:00:06 AM
 #241

the previous mission had failed, to become a world currency because it clearly did not meet the standards. very far
but now bitcoin has a bigger mission, which is as an investment asset that will replace gold. I am very sure of that.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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houjinglong
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August 26, 2018, 09:01:52 AM
 #242

In my opinion, crypto's mission is to balance social wealth, let your money really be under your control, you can freely use your money to buy whatever you want to buy.At the same time, cash transactions have withdrawn from history, and the era of cashless transactions has arrived.

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August 26, 2018, 09:06:27 AM
 #243

I know crypto by the end of 2017. I learned a lot about crypto but I still do not know what it was born with a mission. I have heard many people say that crypto will change the world, crypto will be the future currency to replace real money, crypto will be applied to life, .... I still have not seen many things Applying from blockchain technology instead of paying for some co-payments between projects.
In my opinion, it may be difficult to establish the "mission" of cryptocurrencies in general with there now being over 1000 cryptocurrencies who have been created by many different people over the last few years with many different ideas and goals intended.

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August 26, 2018, 09:08:12 AM
 #244

Personally I see the mission of crypto as taking the control of money away from the cetnral banks of the world and the individual banks in each country and putting that value back into the hands of the individual people. It is also being used as a crowdfunding opton by companies who do not wish to follow the more traditional routes of raising funds by issuing stock or debts.

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August 27, 2018, 07:31:37 AM
 #245

I know crypto by the end of 2017. I learned a lot about crypto but I still do not know what it was born with a mission. I have heard many people say that crypto will change the world, crypto will be the future currency to replace real money, crypto will be applied to life, .... I still have not seen many things Applying from blockchain technology instead of paying for some co-payments between projects.
I believe cryptocurrency itself has no mission. However, the people who created and regularly use cryptocurrencies might have a mission. Satoshi Nakamoto seemed to have a mission to create digital cash that wasn't controlled by an central organization.

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August 27, 2018, 07:37:31 AM
 #246

Cryptocurrencies were created in order to equalize all people.To exclude the participation of a third party in the transaction.To blur the boundaries of payments.I believe that sooner or later this will happen.
I agree with you. I just want to add that the mission of crypto currencies is also to increase the security, stop money laundering, money trafficking as well as money fraud, foulness as well tampering.

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August 27, 2018, 07:45:11 AM
 #247

What is the mission of crypto?

For me, the main reason is to lessen the time consume and fasten the transaction than the usual process. Crypto works in no time assign and can move in around the globe on just clicking your mouse and other stuff. So the mission of crypto is to connect different people and personality by enjoying same service at a time.
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August 27, 2018, 08:26:50 AM
 #248

What is the mission of crypto? The answer to this question is very simple " decentralization of monetary system " that is the goal of this technology.
Cryptocurrencies are just code. They have no mission. Email has no mission, TCP/IP has no mission, the internet itself has no mission. But without cryptocurrencies, we will not be able to send funds easy as email.
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August 27, 2018, 08:40:16 AM
 #249

In my own opinion crypto's mission is to bring transparency to the space by making the centralized system to be a decentralized system where every will be part of the system making it to benefit anyone who is part of the system instead of benefiting only a particular people.
simplelove
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August 27, 2018, 09:49:06 AM
 #250

I think the mission of crypto currency is development in order for us to know how to earn money correctly and earn a lot. And just to simplify our lives. After all, the convenient use of virtual money should be for the future of people.
Well said! That's really so. Cryptocurrencies were created to gain more freedom and less control  from the third parties, banks in particular. The use of cryptocurrencies allows you to be in control of your funds.
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August 27, 2018, 09:54:15 AM
 #251

I think the goal of Crypto is to create honest and fast payments and reduce fraud when transactions and gives convenience to its users, thus improving the world's world's chaotic financial and changing the world to be better
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August 27, 2018, 10:03:48 AM
 #252

the mission is for people to learn how to manage their funds regardless of the countries and banks
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August 27, 2018, 10:07:54 AM
 #253

The mission of encryption is to change any information about doing any transaction, and it can make any transaction easier. I hope this way can fully enter our life.
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August 27, 2018, 10:09:40 AM
 #254

I hope that crypto technologies continue their development and will be able to replace partially or later fully fiat money.

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RohitMalhotra123
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August 27, 2018, 10:25:30 AM
 #255

Mission of crypto is change the old system of transaction. They prefer everybody comes in digital technology.  Almost all countries moves in cashless technology because it much easier and safe than cash payment.
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August 27, 2018, 10:34:37 AM
 #256

I also heard that crypto will be the future currency that can boost the world's economy. but I can't confirm whether it's true or not about this. all this time I have continued to continue knowledge about crypto in the hope that the presence of crypto can change such things, especially my economy.
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August 27, 2018, 10:36:51 AM
 #257

Then perhaps you need to widen your readings about crypto. It seems you are here only because you have heard from someone that there is money in crypto. I say, yes, there is but the greater purpose of crypto is not to give us money. The purpose of crypto is to provide us a mode of payment that is totally ours, free and independent from the claws of the banks and the abusive regulators.

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sinkfish
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August 27, 2018, 10:50:08 AM
 #258

I know crypto by the end of 2017. I learned a lot about crypto but I still do not know what it was born with a mission. I have heard many people say that crypto will change the world, crypto will be the future currency to replace real money, crypto will be applied to life, .... I still have not seen many things Applying from blockchain technology instead of paying for some co-payments between projects.

blockchain technology is vastly adopted in many government, big corporation and financial institution. due to failure of old system and blockchain is proof itself as more secure and faster processing compare old system.

replacing old money will be a near future when more people learn more about benefit of cryptocurrency. just like how we replace letters with email, sms with watsapp and telegram, tv with youtube.
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August 27, 2018, 11:09:37 AM
 #259

Cryptocurrencies are just code. They have no mission. Email has no mission, TCP/IP has no mission, the internet itself has no mission.

However, the people who created and regularly use cryptocurrencies might have a mission. Satoshi Nakamoto, the father of cryptocurrencies, seemed to have a mission to create digital cash that wasn't controlled by a central organization. Many Bitcoin users are anti-authority, and dislike centralized institutions. They want to use a money that is more private and more secure than credit cards. It's about decentralization.
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August 27, 2018, 08:54:45 PM
 #260

When the internet was born, many people felt it was worthless and unused, but after the dot com bubble, only a few survived, the internet and those companies made everyday habits. everyone's change. I believe that crypto was born to perfect the shortcomings of the present
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