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Author Topic: What is the mission of crypto?  (Read 2830 times)
roadwell890
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August 31, 2018, 05:34:24 AM
 #321

the real mission in writing is, cryptocurrency will be a common currency replacing fiat with a variety of better features
but, in practice, cryptocurrency is used for trading and money laundering
in trading, not everyone wins, there must be people who lose and usually these losers are people who are new to cryptocurrency

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k1ng0fBTC
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September 01, 2018, 07:49:41 AM
 #322

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 think it will not be easy to replace the current financial system, even though our future is a digital economy. But of course blockchain technology will be closer to everyday life, even though it will take a long time to be adopted massively, because blockchain must first get legality globally.
No doubt that it is getting closer from time to time. In fact people found it more comfort to use bitcoin and other crypto currencies for their different activities, therefore we can see that the use of crypto currencies is now increasing.
Btcaivah1
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September 01, 2018, 07:52:31 AM
 #323

As far as I know cryptocurrency is a tool to be a new generation as a money. A digital money which can be used all over the world. It has been use for a different products that can be easily used anytime anywhere.
nettaw
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September 04, 2018, 05:33:40 PM
 #324

Cryptos are a strong alternative to the failing current financial system. It just needs more time. The stronger and more commonly used blockchain becomes, the stronger crypto will become as well. Thats why it is interesting to be there early in the process - the critical mass is yet to follow and then crypto will be an equal (or dominating?) currency.
Classroom404
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September 04, 2018, 05:44:23 PM
 #325

a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
"decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation" well I think the mission of cryptocurrency is to revolutionalize the transaction process
Nilda
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September 04, 2018, 05:52:41 PM
 #326

To make our daily transacting lives more convenient. But for now, it is an investment. Give cryptocurrency a few years and it will become mainstream.

chocopapaya
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September 04, 2018, 05:57:13 PM
 #327

To really understand it, you have to go back to Satoshi Nakamoto's vision.
Basically, her wanted to create something that would allow anyone in the world to interact without having to go through the trust process.
Now, if you want to buy anything, or sign contracts or make a deal, you almost always have to go through a middleman.
This middleman connects the original supplier with the buyer.
The reason why middlemen exist is because we don't have the time to personally get to know suppliers, develop trust in them, and then set up a way to get their goods.

So Satoshi invented a technology where you don't need trust.
The blockchain is open sourced, public and distributed accross the world.
It can't be hacked and what happens is open for all to see.
Essentially, a combination of public management and immutable technology makes it so you can do peer to peer transactions without a middleman.

This is where everyone says it will change the world.
Kicking out the middleman is an absolute game changer on all levels.

Midy
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September 04, 2018, 05:58:38 PM
 #328

Mata uang Crypto dibuat untuk memfasilitasi transaksi tanpa harus melibatkan bank bro, and also we can get profit when selling it at a high price, but to make cryptocurrency as a country's currency, it cannot happen because of the price movements that go up and down so fast.

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mrhood
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September 05, 2018, 05:18:39 AM
 #329

Crypto's tasks are clear when its general mission is still secret for me. I thin that crypto has so great potential and its mission has not been created yet.
ambeo
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September 05, 2018, 06:18:10 PM
 #330

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'll uncover the truth now: crypto was created for the purposes of inter-planetary transaction, since we are so rapidly discovering new planets for life. life on mars comes nearer Grin

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Adunni6758
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September 05, 2018, 10:23:02 PM
 #331

Money will still continue to be in use. Cryptocurrency is just a more advanced form of money that would soon be generally acceptable, although it is digital.
The main aim of crypto is decentralization. To eliminate the power or influence of third party in transaction. which is subject to lots of flaws.
mightwalker
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September 05, 2018, 10:39:47 PM
 #332

To change and make the world better, I mean behind the crypto called blockchain. This potential technology can be applied to different and wide fields.

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dimonarka
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September 06, 2018, 05:19:35 AM
 #333

The mission of the crypto currency is the same as for ordinary money. They also have a course that can rise and fall, and there may also be default. but in general crypto currency is needed for the development of the digital world
shendy
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September 06, 2018, 05:42:52 AM
 #334

Crypto has become one of the most valuable investments, for now, a lot of power is created to get more communities, the competition that will not spend time so that it can develop well for the future. There will be many young people who will plunge and study crypto so that it has so many benefits. Crypto is very global and online transactions are popular and bring a better level of life.

amazura
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September 06, 2018, 05:47:33 AM
 #335

to increase the security, stop money laundering, money trafficking as well as money fraud, foulness as well tampering.
tinystone26
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September 06, 2018, 05:59:26 AM
 #336

The mission of Crypto for me by now is to make a easiest way of transactions of any payment that we made in our daily life. And also to improve the security of investing our money in any Crypto we like to invest and to give other people a knowledge of how efficient Crypto is in this world.

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JaoBadjap
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September 06, 2018, 06:02:35 AM
 #337

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 think for my point of perspective.
it was introduced to eliminate such problems with security and fast transactions together with anonimousity on your transaction.
it promotes this traits and also together with this, a market has been created and also a community that support it.
applying also the most proficient technology that is available to have more efficient platform for transaction and other projects
jikurpa
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September 06, 2018, 06:02:48 AM
 #338

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.
changing the world, I think it can happen because of the times and technology, crypto missions are the mission of the investors themselves, the intentions and goals of good investors and developing crypto will also develop
Xising
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September 06, 2018, 06:33:37 AM
 #339

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 think the main goal of cryptocurrency is the decentralization of money and the introduction of new digital currencies that could present big shift and change in the investment landscape of every local market, and the world investment sector as a whole. On its onset, cryptocurrencies are only used for the purpose of adding a new currency that, in fine, would only be used as another means of paying for services and goods. However, in its more than a decade of existence, it has showed many evolutions and one of those is the its transformation into an investment asset that can be held or can be used to power other projects inside the market. That really widened the horizon for cryptocurrencies, and I am sure it will still evolve in other forms in the years to come.
xontol212
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September 06, 2018, 06:47:57 AM
 #340

Crypto, actually, started as a project to support market anonymity & avoid third parties in transactions, of course, this has evolved with the launch of new currencies. I think, the main mission of cryptocurrency is to give people greater freedom to manage their finances.
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