The reason we need cryptocurrencies

[fiulpro]

Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.

[CryptoBry]

Cryptocurrency holds  a lot of promise for all of us including the freedom from the abuses and control of the current financial system we are in. Of course, to many cryptocurrency can also mean financial freedom. Human nature has this dark side and that is the tendency to abuse the power given unto us...this is quite true with the banking system and the current global financial system we are in. However, sad to say, the same tendency is slowly creeping in to the cryptocurrency industry and this is something we as a whole should try to stop as this can be an insult and a travesty.

[pragna]

Cryptocurrency gives me freedom of earn and no third party involved here. If i invest flat money there are many restrictions by government and money londering situations if i transaction lots of money. There crypto currency gives me free fair involvement. So i love it from my best.

[valentin68]

We need the Bitcoin because in this world there is not sufficient money.
 Google says that the total money in this world is approx 6 trillion USD. That is 6*10^12 USD. If we divide this money with the population of the world this gives an approx income of
1000 USD/person every year in this world.  That is an average of approx 100 USD/person every month.

This is the paper money that we have to buy goods and pay bills and everything.

This is why we need Bitcoin. Bitcoin is the electronic money very necessary for everyone in this world. We do not have sufficient money for everyone. We do not have money to buy everything we want to buy.
 
    

[Astvile]

We need cryptocurrency  for our future is due to our current financial system,lets be real almost every government in this godly earth is corrupt,we can escape them by not entrusting them our money and making our computers our own bank.
And the technology advancement we are in,fiat currencies will be forgotten soon

[Haunebu]

And the technology advancement we are in,fiat currencies will be forgotten soon

FIAT will be forgotten soon? Really? I disagree. FIAT will never be forgotten and will still be the primary mode of payment around the world while BTC serves as an alternate payment option in comparison.

What many people fail to realize is that BTC and the cryptocurrency market too is centralized to an extent though it is still far better when compared to completely centralized FIAT currencies.

[Genemind]

If we want financial freedom in the future then I could say that cryptocurrency is the answer.
We are making our own banks here and we're making our own profit which is far from regulation and manipulation of the government.
Cryptocurrency plays a vital role in our community and if we'll value it, we'll gain a better financial situation in the future.

[Dontme]

Cryptocurrency provides many benefit to people. We can earn profit from cryptocurrency without need on paying tax, cryptocurrency is like a bank which you can store and save your money, and the best part of it is that it is decentralized, no government can control it and dictate rules with it.

[BL46K 7193R]

I understand your point of view. The bank is doing business with us with our money and has full control over our money. From this point of view, the cryptocurrency may be a much better option. The number of cryptocurrency usage is increasing day by day and it will increase further in the future. Because the cryptocurrency exchange system and its technology are very good quality. And I think the currency coin used in full time instead of the cryptocurrency will be used entirely.

[goaldigger]

Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.

Cryptocurrency is not about just an innovation of money. It is somehow the way of entering a new era with more technological values. Banks can become obsolete but there would be some organizations replacing it with the same function but different view. Things doesnt change. They are evolving.

[klaaas]

In general, control over your funds without strings attached to keep it as one liner.  The fact anyone can use it is a big pros also.

[acroman08]

I don't think banks and governments are the sole reason why we need crypto-currency. cryptocurrecy offers a lot more than just freedom and anonymity others may not realize this but crypto-currency may bethe stepping stone of a new technological advancement in economical world. crypto-currency may also be the reason that we may achieve one currency in the whole world.

[BitHodler]

In general, control over your funds without strings attached to keep it as one liner.  The fact anyone can use it is a big pros also.

I actually find it more impressive that I can receive money with Bitcoin without opening an account somewhere that requires ID verification and whatnot. All you need is to install an app or generate a paper wallet online.

Sure, you need to watch out for fake wallets and fake sites, but with a little research you can easily avoid them. This is power to the people and there is literally no one that can take your money from you if funds are kept secure.

I actually gave a few family members of mine some Bitcoin earlier this year and they were amazed at how easy it was to avoid dealing with centralized rip-off services such as PayPal.

This puts a smile on my face thinking about it again.

[kryptqnick]

Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.

I feel good that my savings are not on a bank account. However, even though I recognize Bitcoin as money, I have to sell my BTC for fiat from time to time to be able to actually use it. Another problem appears when I move to a different country. When I need a visa, I have to show that I have savings to sustain my life there. The savings in BTC don't count, they must be on a bank account... And I would not actually mind paying reasonable taxes for profits in BTC, but in my country, the regulations are not well-developed yet, and paying taxes is a difficult bureaucratic procedure, that totally does not encourage to do that.

[Wingzcrypto2018]

Honestly, without cryptocurrency We cannot able to earn directly on bitcoin only. I know lot of us here made a profit most of the time through
altcoins and that can't be deny due to because of this we have a lot of options for us to earn more and to see more other potentials coins in the future as well.

[nasipadang]

Hey
How about we talk about the reason that we need cryptocurrencies, day in and day out banks and governments never fail to show us the dark side , how about we light a candle on it, let's keep adding points whatever you think what makes It amazing , what makes it worthwhile to exist.

In my view , we are finally free and out of the Monopoly world , banks governments no matter democratic or not we are all controlled like puppets , our money is actually not our money , it's the money of the banks controlled by the rich people that we would never see faces of.

With cryptocurrencies we control our own deal , we can easily make it to the top , yes it does have negative times and is risky but let's be honest , who doesn't ? Even dollar was going down !
But it also gives rewards like no other.

When viewed from your point of view, indeed the government bank looks burdensome to people by arranging transactions, then regarding the dark side you are talking about. If seen from there, crypto can be a solution related to freedom of transaction, but still cryptocurrency is now very free so in my opinion there must be a dark side, examples ranging from fraud even though the transaction will still be in the ledger, but the identity of the person doing the scam, washing money not identified. In my opinion we need a cryptocurrency but with some regulations that may not be burdensome and reduce the advantages of crypto itself.

[sunsilk]

Just take the quote that you see whenever you visit or open your blockchain.com account. It says, 'Be your own bank' and we can actually do this with bitcoin or with crypto's as a whole.

We don't have to open a checking or savings account with a minimum maintaining balance so that we won't be charged. This is just one of the good feature of crypto's because we don't have to worry about certain charges because there's no certain condition like the banks do.

[sehoon]

It's not that we really need cryptocurrency but the thing is about how huge is cryptocurrency impacted our lives. Cryptocurrencies introduced as freedom when it comes to owning currency that is really profitable and surely it introduced as that we can earn more than what the companies can give to us. And in here, you are anonymous in most cases since centralization is also introduced.

[Rufsilf]

Cryptocurrency is indeed very useful to us and it gives us financial freedom, not only that it also provides convenience in our transactions unlike banks or governments wherein you have to follow complicated. However, in whatever we do either crypto or banks or governments, there’s always risk, we can’t really avoid that but I believe that bitcoin is worth the risk.

[hatshepsut93]

1. Bitcoin is a way to hedge against weak fiat currency. Many countries suffer from economic problems which cause their national currency to significantly drop - people usually buy US dollar to save their wealth, but then governments put restrictions on it, and Bitcoin can save the day in this situation.

2. Bitcoin works very well for international transactions, it will usually be cheaper and faster than traditional methods.