The reason we need cryptocurrencies

[Kakmakr]

Satoshi Nakamoto was clearly pointing out that the goal of Bitcoin was to provide for an alternative P2P payment option that are not linked to centralized control and manipulation and Satoshi mentioned that in the Bitcoin Whitepaper and hinted at that with the message in the Genesis block.

I think Satoshi achieved that goal, because millions of people have used Bitcoin as a currency and they transfered and used money without having to go through any Bank or centralized financial institution like PayPal. 

[Lamhang17092012]

Electronic money I find necessary, because it makes us more convenient in transactions. Irrespective of keeping this national currency from another country. That is the trend of world currency, with modern and convenient style.

[hahahafr]

I admire the use of cryptocurrencies in making transactions based because of how fast and transparent it is. I have been a victim of making a transaction with the bank which took over a week to confirmed at the other end. Transactions through our banks would have to go through a whole lot of approvals before finally releasing the funds. This is not so with the use of cryptocurrencies, it's all freedom and i love it!

[normanz]

Cryptocurrency are modern currency, and cryptocurrency also have other functions as investments, and therefore cryptocurrency are very much needed.

[jak3]

There are literally a lot of reasons to use cryptocurrencies in the future because we have been ruled by government and banks for couple of years maybe like 500 years but still we can see they are just using us as a money making a cow. Cryptocurrency gives us freedom and a lot of opportunities to make money.

[XCANA]

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.

besides cryptocurrency provides freedom, another thing is cryptocurrency provides a lot of benefits in trading and providing profits. so that's our main reason for needing cryptocurrency.

In addition, the best reason why am still in love with cryptocurrency today, which is not either, is the anonymity which is truly involved in these cryptocurrency. Although these reasons differs from individuals who show interest on investment into the cryptocurrency.   

[Akonobea]

Transactions with the use of cryptocurrencies are transparent and i believe this would be a great tool to correct all the numerous corruptions that are going on all over the world.

[FIFA worldcup]

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.

besides cryptocurrency provides freedom, another thing is cryptocurrency provides a lot of benefits in trading and providing profits. so that's our main reason for needing cryptocurrency.

The main purpose of crypto currencies is that they are decentralized in nature. No one control them, bitcoin has limited supply so there is no inflation. The value of bitcoin will not decrease over the period of time in the long run.

[Lumi3004]

Cryptocurrency like Bitcoin, digital currency, which is full of pros and cons,
Many reasons people want to invest in crypto.
* with a little capital can invest.
* a promising advantage as to how to analyze the graph motion of crypto.
* It doesn't take long to invest in profits.
* and many more, reasons that can be taken from crypto.

[josephdd1]

I need crypto currency because crypto trading and investment give me a lot of profit.  the crypto world satisfied me.  I can buy anything with crypto.  even though there are no merchants that accept crypto directly.  but converting crypto to national currency is enough.

And just by converting it, you are no longer supporting crypto, but rather boosting your countries GDP with the national fiat. That will never bring true adoption and crypto will always be unstable.

really? are you buying onions with crypto? are you selling produce for crypto? is any nation buying nuclear weapons with crypto? So how can you say that you are relying on crypto without any third party?
At some point you are cashing out to regular moneys aren't you?

When I said this, I did not joke.. if you cannot buy onions and nukes with crypto, till then crypto is not really adopted by everyone.

[mamesso]

Currently crypto may still be a commodity that is not yet popular, but it is when I am sure that everyone will need it.
some projects have penetrated the real world and we are getting closer to blockchain use in every aspect of life.

[Rooster101]

Those who are tired of banks and other centralized sources of money can always turn to cryptocurrencies like bitcoin which are decentralized and can't be conrolled by any bank or government. Cryptocurrency gives you freedom financially so I think this is one of the reasons why people will need it. Earning from these virtual currencies are high if you compare it to the fiat where its value is always manipulated by the central banks.

[killat]

If by cryptocurrency you understand mainly Bitcoin,  here you have a few reasons to use it:
- it is very safe (as long as you're using a hardware wallet)
- you don't need banks to make transactions, but only Internet
- Blockchain is bot centralized

[anggi]

If by cryptocurrency you understand mainly Bitcoin,  here you have a few reasons to use it:
- it is very safe (as long as you're using a hardware wallet)
- you don't need banks to make transactions, but only Internet
- Blockchain is bot centralized

when talking about cryptocurrency, this is something broad, and each coin has a different function. if there is a reason why we need it, I think it's because we need services from one crypto. like ETH, if you want to use it as a platform, or a fee payment transaction tool, and so on.

[olamidey]

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 completely agree with this. As much as cryptocurrencies now abound with many springing up each day, abuse, scams a s human tendencies also increase daily. Crypto gives freedom and some form of investment but are all cryptos safe?  I know for once that some crytpo projects have no use case or product. They're just there to raise funds list on a useless Exchange and disappear with investors funds. Those project must be avoided.

[dentolas]

crypto offers a completely different society, and in theory it could relief the world of many parasites with power... I am also exited by all the endless possibilities of change - and we do need a ddep change in the world...
But I'm afraid that the system willl adapt and in a few years everything remains the same, just people will be using crypto instead of fiat...
Facebook coin, banks using blockchain, countries launching their native crypto.... this is the system adapting...

[Accounting87]

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 completely agree with this. As much as cryptocurrencies now abound with many springing up each day, abuse, scams a s human tendencies also increase daily. Crypto gives freedom and some form of investment but are all cryptos safe?  I know for once that some crytpo projects have no use case or product. They're just there to raise funds list on a useless Exchange and disappear with investors funds. Those project must be avoided.

You are totally correct, but how can we avoid these scam projects?

[Altero]

If by cryptocurrency you understand mainly Bitcoin,  here you have a few reasons to use it:
- it is very safe (as long as you're using a hardware wallet)
- you don't need banks to make transactions, but only Internet
- Blockchain is bot centralized

We don't say that we are quitting to used fiat just open for cryptocurrency, Satoshi makes this great invention because he found out that it could be very applicable into the new generation where we are today. We never force to used it but as we adopt the system, we actually enjoyed it and it brings a wonderful experience. We can make transaction anytime we want and it takes not so long before it finished. Maybe this is the reason Satoshi look for and decide to bring his invention to the public.

[Prettyme]

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.

We can't deny the fact that everything in this world has its dark side and positive side. People who saw it's negative side are the people who still didn't believe with crypto they are still in the mindset of "scam". Let's always remember that without cryptocurrency we can't make our society more technologically oriented. Since we are in the era where everything should be online especially when it comes to transaction we need crytocurrency.

[kaya11]

That is why I am putting my life savings on Bitcoin, even my child's future, lets assume BTC failed, I still have lands to grow crops so there is nothing to worry about. I am ready wherever it may lead me to. I can't just take anymore of the paper money shit, inflation and everything. We have our own choices to make, just as long it is legal, crypto is the best for me.