The reason we need cryptocurrencies

[samputin]

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.

Hmm, so you mean like the Rothschilds lol. Well you have a point but until now it remains a conspiracy. (Oops! I guess I go deeper, my bad).
For me we don't necessarily need crypto at least for now since fiat exist and it works well too. However, we should continue this for the sake of improving. I mean, crypto is a form of technological advancement and which means it helps a lot. It is important in a sense that it could have a chance to further improve our monetary system — to make it faster and more convenient than ever before. Mankind should continue innovating, breaking the traditional and switch to more high tech kind of living. We should not feel contented with space shuttles, we should aim for spaceships; I hope you guys get my point .

[Apes]

Cryptocurrency in my view opened up many new types of business opportunities that had not previously existed. and give opportunities to those who work in it to provide various kinds of services independently. Cryptocurrency is a society revolution in seeking income freely without having to be bound by any party.
cryptocurrency as a unifying global economy.

[jakelyson]

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.

For most, this is still a dream even with cryptocurrency. Even if you have bitcoins and other cryptos, most still cannot spend it without converting it to fiat first.

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.

It is not about the currency you use, it is about the man who uses the currency. Crypto or fiat does not make any difference if you do not have skills. It is skills that takes the man on top, not crypto, not dollars.

[joeperry]

You have a point, it's true. However there's a chance that the government (or the banks) may see the cryptocurrency as a threat to them and in result they will not let the cryptocurrency be used on their own country. Well we just hope that this won't come, just imagine if all the countries banned the bitcoin/cryptocurrencies.

1 country banned bitcoins/cryptocurrency has a big impact to the cryptocurrency industry.

[salty]

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.

I understand Your position,but in fact,and in the crypto-currency world, everything is controlled by rich people and you are unlikely to see their faces. It's obvious.To complete decentralization alas very far.

[Cacingkemi]

The reason you really represent the reason of all those who have been blinded by the bank, myself have the same reason but I'm still waiting for BTC to be accepted by every government and developed by us all. through several purchase transactions in a number of items or paying of services to enter the wider community, regarding the current government regulations it is still confusing so vigilance must be guarded.

[EdenHazard]

An honest bitcoin is a money that I can set that I want. I can send my money to another wallet with my desire without some party to deal with it. I can pay any transaction with bitcoin as long as I can make it happens. In severel times I try to make bank account and honestly in my country to make an account I must come to the office. Other than that I must give all my identity to them if I don't have then I never create an account, it's horrible for me. This is time everyone should knows the cryptocurrencies and its function in their live, because it's very easy to set all our money in our wallet and also about security it's depends on our consciousness.

[xWolfx]

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.

Preach. By being one guy who is inside Venezuela i can safely say that i know exactly what you're talking about. It's amazing how there's another way to bypass that huge limitation.

Fiat currency tends to have a lot of problems that can easily be solved in the future using this technology.

[iqlimasyadiqa]

Digital currencies will be increasingly needed, especially when technological advances are increasing, so that people in the world make a media that supports financial transactions. Digital currency is the answer and this is part of improving technology in the financial system.

[Artemis3]

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.

I don't quite get what you mean here, but humans have choice. It is your sole decision to do wrong or not, but you should be prepared for the consequences if you harm others,

Bitcoin and crypto are giving you an alternative to banking and payment, from outside of the system. But its your choice to use it or know.

There is not an inherent dark side inside people, they decide by themselves, and they can decide not to harm as well. All you have to do is say no and thats it.

This creeping you mention is related to certain altcoins. Well, you have the choice not to use them. There is plenty of talk on this form about centralized altcoins and their weaknesses.

[deisik]

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

We are nowhere near being free from bank or government diktat (financial or otherwise)

To provide sustenance for yourself and your family you still need to convert your coins to fiat at the end of the day. And how does it actually cut as being finally free and out of the "monopoly world" as you called it? Unless and until you can pay with crypto for goods and services directly (i.e. without an intermediary of any kind), you are still under the eye (and boot) of the Big Brother who can easily turn your life into hell if he chooses so, for example, by simply denying you access to fiat (via banks or otherwise). Then you starve and die, mission accomplished

[b3llsf1l3s]

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.

In my opinion these two things, the Bank and also Cryptocurrency can work together and not even collapse each other. Because both of these things if we examine further have similarities and common goals. it's just on a different platform.

[ethereumhunter]

We need cryptocurrencies because we want to control and manage our own money and not by the third party like banks and else. We can use cryptocurrency for everything we want, and we can use it too as the investment. Cryptocurrency present was not to eliminate money, but it will help money to solve the problem that we face. Cryptocurrency can across the border in every country, and we can use cryptocurrency without converting to the local fiat. But unfortunately, this idea was not approved in all country, and only a few countries have approved cryptocurrency. But soon, it will approve in all country, and we can hope that will happen later.

[1Referee]

I am not per se against banks, because I still can't rely solely on Bitcoin for my daily needs and bills. It's just not going to work for me to store physical cash under my bed year in year out. I wouldn't feel comfortable at all. I feel more comfortable to have an acceptable amount sitting in my bank accounts, while the majority of my wealth sits in Bitcoin.

I don't always need a censorship resistant form of conducting payments. Fiat has served me well locally and I don't see much to complain about here. Bitcoin complements fiat's ability to be a good form of local money. With Bitcoin I can send any amount to any country 24/7 and nothing can be done to stop me. No government or bank can touch even one single satoshi of mine in cold storage.

[RomanPetrush]

Cryptocurrency is like general currency. That is only new technologies. Nothing special, just with some opportunities for people.

[Micerker]

Cryptocurrency is like stock, but it can use in payments like FIAT. This is its most significant advantage, and we can both use it as a currency for daily living. But we can still choose it as a potential investment option with high profits. Cryptocurrency has many outstanding advantages, and it is proving that it can be the currency of the future.

[uneng]

Crypto currency gives us lots of benefits at some point it has already became a need in our lives:
1-More earnings opportunities: before bitcoin there weren't so many job offers on the internet. Although this market is pure speculation it's possible to earn some profit from it;
2-Less taxes: without bitcoin we were restricted to few payment methods like Paypal, which charges high fees and is more complicated to use as they force us to provide several personal informations. With bitcoin it's much easier to receive small payments and transact it over the internet;
3-Entertainment: crypto casinos became a strong force on the industry. It improved gamblers experience through easy access, usage and transparency. For others, it's a way to earn money.

[Shenzou]

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.

One of the things that make cryptocurrency something we really need, is it just not allow us as individuals freedom but companies and businesses mans, with banks and fiat in order to make a transaction and do some work it would take hours and sometimes even days for it to be processed, but with crypto sending money overseas is as easy as  clicking a button ,and that would make our lives much easier and more productive and would open up the world even more, crypto does to finance what internet did for the information.

[Adriano2010]

We need crypto because is a fast way to send money via blockchain and is even faster than bank transfer and also not high fee when send like other processators.

[hahay]

I think the main reason is freedom in terms of transactions and also financial freedom. Honestly, it looks like when cryptocurrency and blockchain existed earlier in this industry and then technology or the digital era was growing rapidly which made banks have their own mobile version of course cryptocurrency and blockchain technology has advantages about this, so I think cryptocurrency is needed not just about a high price or value because there are many benefits that can be obtained from cryptocurrency.