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Author Topic: What is the mission of crypto?  (Read 2830 times)
AmberFlotilla
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August 17, 2018, 04:34:22 AM
 #181

I think their are many reason now why crypto are created, before it is just a simple transaction to send payment anonymously and time to time it evolve on what's people wants, Now to me the reason is to make people rich.
MidnightNugget
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August 17, 2018, 12:07:09 PM
 #182

The mission of crypto currency is the regularity of using it by the users that would create such a digital currency that does not need any other authority more precisely it is decentralized and can be used by user himself.
kinamotorami
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August 17, 2018, 01:07:35 PM
 #183

There are quite a few functions that are produced in the Crypto market, so we can not say every task for each coin, but their main purpose is to raise capital.
mansilkroad
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August 17, 2018, 01:13:10 PM
 #184

If you don't know what's going on it certainly is all about money. Bitcoin was created to give people another possibility to pay for goods in a peer to peer systembut you can also see how many ICO are being created just to gather money from people and than they don't do anything at all.
dutechman
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August 17, 2018, 01:39:30 PM
 #185

Speaking with respect to digital currency, the mission of crypto is to become a means of exchange for different forms of transactions.  This has began to yield results in some parts of the world where banks, financial institutions, supermarkets are accepting crypto as a means of transaction.  The crypto blockchain technology wants to resolve a lot of problems associated with fiat currency transactions.

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goldencrypto7100
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August 17, 2018, 07:31:06 PM
 #186

Crypto is a technology that was developed with the purpose of breaking the boundaries of financial transaction and making the user equal in payment system. I hope it will spread more as the time goes by.
Maeve Millay
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August 17, 2018, 07:35:14 PM
 #187

Crypto, actually, started as a project to support anonymity in the market & avoid third parties in transactions, of course, this has evolved with the launch of new currencies, for example ETH is used more as a platform than as a currency for transactions. And now there are many coins with different uses.  Smiley
ALAY012
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August 17, 2018, 07:38:27 PM
 #188

Cryptocurrency is to provide this world a better decentralised system eliminating the current issues of transparency, corruption and economy unevenness.
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August 17, 2018, 07:40:02 PM
 #189

The main purpose was actually to bring financial freedom and flexibility among the common people. It was also made to increase ones financial privacy. Crypto currency was made to get rid of centralization (the government) of financial hub and to remove any kind of third party intervention such as the banks, who jump around people to suck off their money as much as they can.

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cryptoshops9944
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August 17, 2018, 07:42:23 PM
 #190

Making a decentralizing system of payment, a system that wouldn’t require a third party to make a financial transaction was one the purpose of crypto. I think it has already showed its utility in many aspects.
redrose8226
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August 17, 2018, 08:00:03 PM
 #191

A reliable payment system that will make transaction simple, easy, secure and decentralized is the main target of crypto. It has come a long way to fulfill its target but still there are some obstacles in the way.
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August 17, 2018, 08:09:00 PM
 #192

I'm not sure cryptocurrency can change the world. But I know people who have been able to change their lives for the better thanks to cryptocurrency. Even this is surprising.
TheBitcoinBadger10
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August 17, 2018, 08:57:23 PM
 #193

i think it has a very good mission. crypto are want to make easy transaction and secure our money. crypto mission actually to connect whole world in a platform. and make more profit for crypto people.
btcmaster999
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August 17, 2018, 10:11:58 PM
 #194

crypto are spread in the whole world. it mission is to connect whole world by online trading platform. here people can trading easily at anywhere and anytime. it is more secure and profitable. it is third party control free.
shollyen
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August 17, 2018, 10:29:03 PM
 #195

Cryptocurrency has a very good mission  as far as transaction concerned worldwide.... Which I think part of the mission is to ensure there is a means of unlimited transaction all around the world with great ease. With cryptocurrency there is a better decentralized system of transaction.....
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August 18, 2018, 05:18:18 AM
 #196

The purpose is based on the goal of creation - the formation of a monetary unit that will provide free access and independent functioning in the virtual space - the Internet. Many compare the cryptocurrency with an ordinary electronic wallet, but in this aspect there are fundamental differences.
Cryptocurrency function only on the Internet. You can withdraw them only through an exchange for fiat money - a common currency.
Accordingly, such currency is used in settlements and transactions around the world, bypassing the multilevel exchange of national currencies.
You can have many other functionalities when it comes to bitcoin rather being used electronically as we all know, it can be used in issuing bonds and hopefully we will see that happening in the future rather than government bonds with empty promises, hope you have heard about physical bitcoins, it is the beginning state and we will have much more functionality in the future rather than being just a speculative coin and the real mission was to give the opportunity for everyone to trade freely without the intervention of the corrupt governments around the globe but governments are trying to restrict this market with regulations.
healthyfirework
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August 18, 2018, 07:14:49 AM
 #197

The purpose of creating digital money is to facilitate transactions throughout the country. Transactions using electronic money are more practical compared to fiat money. But to replace fiat currency, I think this is impossible. Crypto is unstable in value so it is difficult to control by the government. That is why in some countries transactions using coins are prohibited.
Gab20
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August 18, 2018, 10:43:26 AM
 #198

Apart from the payment or transaction usage of cryptocurrency, it is a technology with different applications. Even of i have snot see so many usage of crypto and blockchain technology, i have have seen instances where data are stored on blockchain. Data that are useful for different inventions, research, production and for proffering solutions to different problems faced in life.
Rtalk
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August 18, 2018, 10:52:14 AM
 #199

The mission is clear and simple - to equalize all people , blur territorial boundaries and eliminate the influence of a third party in the transaction between the two parties. So, this is not good because governments and banks prevent it.
Asdeeop
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August 18, 2018, 03:32:34 PM
 #200

Digital money is made to make the exchange on the web quicker and solid. By taking out the outsider, every exchange turns out to be speedier and helpful. Fueled by blockchain digital currency will turn into a hit.
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