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Author Topic: The reason we need cryptocurrencies  (Read 11678 times)
bitzizzix
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June 07, 2019, 01:40:39 AM
 #121

Especially what I like about cryptocurrency is freedom without involving anyone, especially in government, and besides that it can help overcome the problematic economy.
there have been many changes in my life so far that have been changed by cryptocurrency and I can also find technological knowledge and investment in digital currencies without involving anyone and being profitable for me.
I really need cryptocurrency, especially bitcoin, which has made my life better than before.

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June 07, 2019, 02:23:35 AM
 #122

Cryptocurrency isn't need bank to control value on market/trade place, then currency going natural without any rule and impacting from goverment. Cryptocurrency always need tech and everyone can use this even school and university have learned to student. Cryptocurrency are fast and reasonable to implement many sector

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June 07, 2019, 05:51:27 AM
 #123

cryptocurrency has got lots of untapped potentials, I mean apart from the freedom that comes with cryptocurrency ie multiple tax eradication, there is still opportunity for cryptocurrency to wax broader.
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June 07, 2019, 08:41:55 AM
 #124

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.
Fiat currencies are also called legal tenders.
The legal obligation to accept them as a means of payment can be enforced by law.
As long as Bitcoin doesn't become legal tender, it will never replace fiat currencies

khkllkh (https://de.wikipedia.org/wiki/BBCode)
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June 07, 2019, 09:10:31 AM
 #125

Hey
How about we talk about the reason that we need cryptocurrencies
We need cryptos in order to
a) be independent from the banks and
b) have sound money, i.e. a currency equipped with a stable purchasing power

khkllkh (https://de.wikipedia.org/wiki/BBCode)
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June 07, 2019, 11:39:20 AM
 #126

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.

You made a very good point.I will talk about security.I think cryptocurrency is more secured and anytime I can use it.If I have to transfer big amount of money,I may be in trouble in outside.But for cryptocurrency I easily transfer money in worldwide within a second.Also cryptocurrency investment is more good than trading in share-market, investi on bitcoin is very profitable.               
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June 07, 2019, 12:02:35 PM
 #127

Absolutely, Bitcoin is usually used as an investment choice to diversify one's investment portfolio because the performance of Bitcoin is usually not linear with other investments. If you prefer high-risk investment with high profits too, then Bitcoin can be the right investment choice for you
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June 07, 2019, 04:52:01 PM
 #128

Bitcoin is a currency that we can store on our own. We don't need banks or lockers to store Bitcoin. And this is very helpful, when the authorities try to seize our wealth. I still remember what happened to Burt Wagner (Bitcointalk username BurtW) a few years back. The authorities framed him on false charges and seized all his assets. This can happen to any of us in the future. And if we have a part of our wealth in the form of crypto, then it becomes difficult for these people to seize that.
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June 07, 2019, 04:58:26 PM
 #129

Dear All.
Tomorrow their is going to be a presentation regarding a new platform based on cryptocurrency trading.
The platform is on is final stage and is going to be live next Saturday 15/6/19. Time is 17:00 local Eastern European Time Zone (GMT +3).
If you are interested in an attend a short term seminar (20-25 mins) presentation, your welcome to join in order to understand and ask your questions regarding the system.
Sent me a message and I will sent you the webinar details
Thank you for your time.

Cryptos  RES are the future.!!!
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June 07, 2019, 05:23:47 PM
 #130

And it is also the reason of the government to ban or add more regulations to cryptocurrencies. They will lose control over our money if they allow us to use it freely. But they cannot stop this kind of technology, it is growing faster and becoming more advance. People will soon realize that cryptocurrencies are more reliable to use than fiat.
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June 07, 2019, 06:01:31 PM
 #131

yes, so far we have been monopolized by banks and the government. we don't really have our own money. every time I receive a salary from my job always with taxes and I don't really feel the benefits of paying taxes, now some crypto investments make huge profits but are at very high risk. but who doesn't like this? I have imagined that more than 100 percent of the investment capital has been earned and I have also experienced failure when I started.
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June 07, 2019, 09:28:04 PM
 #132

Crypto currency is surely needed in the world over as it brings about security, privacy and possibly wide acceptability and most definitely a reduced fee

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June 07, 2019, 10:10:09 PM
 #133

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.
Why do we need cryptocurrency? Simply. Because we need today an innovative way on how to join fund raising all over the world. Cryptocurrency also unfold the problem of our economy as well as society by using blockchain technology. Because of cryptocurrency, many opportunities open to the people and a lot of projects have been made.

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June 07, 2019, 11:53:05 PM
 #134

We are not urge to use crypto but we are looking into this for great result and everyone would enjoy it. At this days, crypto isn't used of what it meant to be instead, it is used for investment where people can get benefits from this. It maybe, only few establishments are accepting crypto as a mode of payment that cause for this and I do believe that it will soon to be realize, and not just purely investment but is to be used of what it is intended for.
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June 08, 2019, 04:59:52 AM
 #135

There is so much more in cryptocurrency other than just having money because of it. I think the reason we need is because we can move freely with cryptocurrency and the technology behind cryptocurrency is way better than just having fiat. And in cryptocurrency, you don't need to invest much in your security. The chances your account getting hacked here is significantly lower than your bank account getting hacked.

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June 08, 2019, 05:54:32 AM
 #136

There is so much more in cryptocurrency other than just having money because of it. I think the reason we need is because we can move freely with cryptocurrency and the technology behind cryptocurrency is way better than just having fiat. And in cryptocurrency, you don't need to invest much in your security. The chances your account getting hacked here is significantly lower than your bank account getting hacked.

Agree, most people who invest and join in cryptocurrency must be want make transaction more cheaper and faster. Others benefits from that is we can make investment and gain profits from crypto market.
Cryptocurrency or blochain technology is secure technology and i think crypto is already recognized as digital assets, with this, we can divide our investment not only in stocks or bonds or property

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June 08, 2019, 07:04:33 AM
 #137

I always see cryptocurrency as the new hope for a better world for the next generation. If only all the people around the world knows how shady the people in the bank industry do their evil deeds. There are also a lot of complaints of theft going on in several accounts but these banks don't really care to reimburse it unless it is shown in the media. That's a lot of money and we could never know if the banks did not really know anything about it.
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June 08, 2019, 07:13:05 AM
 #138

I always see cryptocurrency as the new hope for a better world for the next generation. If only all the people around the world knows how shady the people in the bank industry do their evil deeds. There are also a lot of complaints of theft going on in several accounts but these banks don't really care to reimburse it unless it is shown in the media. That's a lot of money and we could never know if the banks did not really know anything about it.

Here in India, the banks are behaving very arrogantly nowadays. They are charging interest rates far higher than the repo rate on loans, and have recently implemented a number of additional charges on almost all the services (such as cash deposits and issuance of cheque book). However I won't complain about the theft of the funds. One of my friends fell victim to credit card scam, and the bank reimbursed the amount after one month. If you could prove that the theft was not due to your fault, then the bank usually reimburse the amount. 

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June 08, 2019, 07:39:07 AM
 #139

I always see cryptocurrency as the new hope for a better world for the next generation. If only all the people around the world knows how shady the people in the bank industry do their evil deeds. There are also a lot of complaints of theft going on in several accounts but these banks don't really care to reimburse it unless it is shown in the media. That's a lot of money and we could never know if the banks did not really know anything about it.

That will be a new hope too for every people who known cryptocurrency as a new way to make money. They will use cryptocurrency as a new source of income, and I am sure that they will try with so many ways related to cryptocurrency. That will be many more people who will join in the cryptocurrency if the cryptocurrency can spread in all countries and many people know about the cryptocurrency.

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June 08, 2019, 07:40:35 AM
 #140

I always see cryptocurrency as the new hope for a better world for the next generation. If only all the people around the world knows how shady the people in the bank industry do their evil deeds. There are also a lot of complaints of theft going on in several accounts but these banks don't really care to reimburse it unless it is shown in the media. That's a lot of money and we could never know if the banks did not really know anything about it.

Here in India, the banks are behaving very arrogantly nowadays. They are charging interest rates far higher than the repo rate on loans, and have recently implemented a number of additional charges on almost all the services (such as cash deposits and issuance of cheque book). However I won't complain about the theft of the funds. One of my friends fell victim to credit card scam, and the bank reimbursed the amount after one month. If you could prove that the theft was not due to your fault, then the bank usually reimburse the amount.  

These are the only few reasons on why we need cryptos because crypto itself can act as you own bank . you can control your own cash and that is a good idea right ?  Other than lending it to someone else that you dont know in which they promise to keep your money safe  . the goodness of storing money in crypto is that its not only safe but you do also earn alot of interest much morw than if you store your cash on banks  .
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