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Author Topic: The reason we need cryptocurrencies  (Read 11678 times)
iamike
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June 05, 2019, 05:15:16 PM
 #101

Many governments see cryptocurrency as a threat and bad because they don't have control over it as they want. The central governments want to regulate everything  but bitcoin is odd. Cryptocurrency has bridged the barrier of rich and poor and break the world's order where the rich controls and above everything. Crypto has really brought change
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June 05, 2019, 05:17:54 PM
 #102

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 would say we need crypto currency more for like financial freedom and ease of transaction. Say you want to do a cross border transaction/payment. You will have to face many difficulties due to different jurisdiction and laws of the two countries. Again, the higher the amount is, the more hassle you will have to go through. Also those transactions are never instant. But with crypto currencies, this becomes quite easy though lets not forget how people can abuse this to launder money.

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June 05, 2019, 07:05:57 PM
 #103

We need cryptocurrencies because cryptocurrencies is the answer to many problems faced by the today our normal traditional currencies.Such as American Doller,Stering Pound,EUR,Yen and many others.1st its secure.We can use directly.No 3rd man on the list.We can only send traditional money via the middle man.Only tiny little space required.More secure with devices and block-chain network. When using cryptos gives answer to all above and many other problems.

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June 05, 2019, 07:10:57 PM
 #104

break the world's order where the rich controls and above everything. Crypto has really brought change

Rich people are still on control, even if it is cryptocurrencies we are talking about. Whales can do anything, and that also means affecting the price. The thing about cryptocurrencies is that they are not fully in control since controlling a decentralized crypto, is not that easy.

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bitkanu
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June 05, 2019, 09:26:29 PM
 #105

break the world's order where the rich controls and above everything. Crypto has really brought change

Rich people are still on control, even if it is cryptocurrencies we are talking about. Whales can do anything, and that also means affecting the price. The thing about cryptocurrencies is that they are not fully in control since controlling a decentralized crypto, is not that easy.
True that, however atleast this decentralized nature of bitcoin requires a lot of resources to be able to control just as you said , however there is no organization that could control or change bitcoin aswell so it is pretty much just a price manipulation not system changing.

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June 05, 2019, 09:54:08 PM
 #106

break the world's order where the rich controls and above everything. Crypto has really brought change

Rich people are still on control, even if it is cryptocurrencies we are talking about. Whales can do anything, and that also means affecting the price. The thing about cryptocurrencies is that they are not fully in control since controlling a decentralized crypto, is not that easy.
At least you can be your own bank even if they have almost full control of the market they can't still beat the people. It's just normal where there is a manipulation in the market since it is an open market, whales can do almost everything they want to. All we have to do is to ride with them because we are the small fish that they want too.

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June 05, 2019, 11:06:46 PM
 #107

with the advancement of civilization today we need cryptocurrency as a tool to transfer money
even though fiat currencies already exist but fiat currencies are centralized and under government control
we must have our own financial freedom and that's why we need cryptocurrency

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June 06, 2019, 03:43:41 AM
 #108

Traditional banks are away to slow in terms of transaction speed and inconvenient compare to cryptocurrency, you have freedom to choose what coins you will buy, hold or sell without the need to go out of your home. The full control of your money in crypto is the most i like, yes it's risky but the freedom of deciding what to do with your crypto is priceless.

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June 06, 2019, 04:08:17 AM
 #109

We had tackled so many times about same topic for years now,but I am always happy about our liberation from the banks and governments in terms of financial activities

Since cryptocurrency comes to us all of cryptonians find peace and privacy for how to use and handled their money in which helps us generate new strategies and rights since the banking days

Now all of us here are happy and supportive to encourage the world on how they will benefit from here and what did we get to make them follow our paths
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June 06, 2019, 04:54:34 AM
 #110

for make easy transactions, many people saving fee , because with cryptocurrency have low cost for fee transactions, and many other advatages.

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June 06, 2019, 09:47:45 AM
 #111

Everyone knows that Bitcoin is the biggest and the most popular cryptocurrency. It must be some time to Bitcoin fully comes to the mainstream. A few days ago we wrote about it in our article: https://blocktoq.com/7-reasons-why-bitcoin-is-so-popular/.
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June 06, 2019, 11:06:20 AM
 #112

Cryptocurrency is a hope to some people that wants to earn by crypto business. With this, bitcoin was made and several people joins and manage to earn by adapting cryptocurrency as their job. Also there are people that are unemployed but has a time to be with cryptocurrency and earned, thus cryptocurrency might be our future and we need it as several people make benefits from it.
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June 06, 2019, 01:05:34 PM
 #113

Even if we use any form of economics, they have dark sides and its negative side. Cryptocurrency can create much darker faces than you imagine, but it helps you not to reveal information about property ownership. All transactions can be done quickly and independently of intermediate providers.

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June 06, 2019, 01:46:01 PM
 #114

I think having a cryptocurrencies is such a great thing because it improves the things that we do in every daily transaction such as paying bill,buying ticket and also buying food i think everything now was so easy to do with crypto so the reason for me is the problem that we face without crypto,but now we have it so im happy to see that.

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June 06, 2019, 02:09:05 PM
 #115

Faced with many aspects of social inequality, economics are the limitations that to overcome and replace those problems, we can find bitcoin and crypto as a perfect method for freedom. , transparent and fair. crypto-based platforms show very high reliability, accuracy and efficiency. No one denies that. The great thing we have here.

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June 06, 2019, 06:49:08 PM
 #116

Even if we use any form of economics, they have dark sides and its negative side. Cryptocurrency can create much darker faces than you imagine,
More or less. The darker faces you say already exist with or without bitcoin. Btc doesn't create anything, these people just find in bitcoin an instrument they can use to act for their shady purposes. However, if they didn't have access to bitcoin they would find another way to act for sure.
but it helps you not to reveal information about property ownership. All transactions can be done quickly and independently of intermediate providers.
Many people were tired of the lack of privacy on the internet when dealing with money. Bitcoin solved this issue, and that is one of the reasons it became a *need* on peoples lives.

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June 06, 2019, 07:30:44 PM
 #117

We really need crypto to save our economic condition, as we know the inflation rate is really bad at the moment, it keep on making the value of fiat decreasing, but with crypto we can avoid those situations and no government can interfere with our wealth, we just need more adoption, when we got more adoption, btc could be the perfect currency to used
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June 06, 2019, 09:29:42 PM
 #118

We really need crypto to save our economic condition, as we know the inflation rate is really bad at the moment, it keep on making the value of fiat decreasing, but with crypto we can avoid those situations and no government can interfere with our wealth, we just need more adoption, when we got more adoption, btc could be the perfect currency to used
Right.Bitcoin has its bright future waiting for it so it would be very useful and even helpful to us to improve our own economic condition.With bitcoin around,we can have more freedom to manage our own finances because it is our hard earned money and will never rely to banks anymore for safe keeping.

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June 06, 2019, 11:02:03 PM
 #119

We really need crypto to save our economic condition, as we know the inflation rate is really bad at the moment, it keep on making the value of fiat decreasing, but with crypto we can avoid those situations and no government can interfere with our wealth, we just need more adoption, when we got more adoption, btc could be the perfect currency to used
Right.Bitcoin has its bright future waiting for it so it would be very useful and even helpful to us to improve our own economic condition.With bitcoin around,we can have more freedom to manage our own finances because it is our hard earned money and will never rely to banks anymore for safe keeping.
It is not all about safety assurance that crypto can provide, but it is because of cryptocurrency can make transactions so fast that banks can't be.
We are actually formulating this currency for the efficiency and really it was. But the problem in using this is that we can't recover any more our coins if we lost our keys.
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June 06, 2019, 11:51:16 PM
 #120

Even if we use any form of economics, they have dark sides and its negative side. Cryptocurrency can create much darker faces than you imagine,
More or less. The darker faces you say already exist with or without bitcoin. Btc doesn't create anything, these people just find in bitcoin an instrument they can use to act for their shady purposes. However, if they didn't have access to bitcoin they would find another way to act for sure.
but it helps you not to reveal information about property ownership. All transactions can be done quickly and independently of intermediate providers.
Many people were tired of the lack of privacy on the internet when dealing with money. Bitcoin solved this issue, and that is one of the reasons it became a *need* on peoples lives.
Once bitcoin will be adopted, we will not only experienced online privacy but even in the real world. We will no longer depend for banks to make transactions for us but we will be the one to create transactions for our own money. Isn't it more easy and convenient to think? It just takes time to realize this one.
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