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Author Topic: The reason we need cryptocurrencies  (Read 11678 times)
Patentico
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June 26, 2019, 11:15:34 AM
 #181

We need cryptocurrency, just like any other leading technology in its field. We have to see how far this technology will take us in the evolution of humanity. How it can be used to better our financial systems & create a fairer society for everybody.

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June 26, 2019, 11:28:58 AM
 #182

I will go back to the very beginning of Bitcoin, the prime mover of the cryptocurrency saga that we are part of right now.

We need crypto because it is peer-to-peer. I mean, transactions are done only between parties involved. It does not have to go through a lot of parties which are not actually part of the actual transactions. The banks right now are always parties when it comes to transactions involving fiat currencies.

And then we really need crypto because it is electronic. We cannot stay on with our brute way of doing business. We need to gradually bid good bye to hard money. We are in an era in which things are done in a digital manner. Currencies should therefore adjust to it as well.

Absolutely we need crypto currency because a huge people have future in crypto currency and it is true bitcoin wise most of the people become rich and now once again bitcoin is going to high, so it is a good chance to make money from it once again. Even i seen mostly jobless people are working on crypto and make it source of income and have good earning.   









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June 26, 2019, 11:46:51 AM
 #183

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

I agree with most of the things you said. Many governments are corrupt. On the other hand cryptocurrency provides a freedom despite all of the risks. But i don’t think fiat currencies will be forgotten soon, i mean, it won’t be that easy.
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June 26, 2019, 01:26:59 PM
 #184

We need cryptocurrency, just like any other leading technology in its field. We have to see how far this technology will take us in the evolution of humanity. How it can be used to better our financial systems & create a fairer society for everybody.
look similar situation on internet 90's when everyone only use computer for write word document and calculating them work. blockchain behind on cryptocurrency to day be leading of technology, now we can see good for implementing on financial system.
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June 26, 2019, 02:47:56 PM
 #185

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

I agree with most of the things you said. Many governments are corrupt. On the other hand cryptocurrency provides a freedom despite all of the risks. But i don’t think fiat currencies will be forgotten soon, i mean, it won’t be that easy.
Yes, freedom is the main reason we need digital currency without involving the government which is synonymous with corruption.
In addition, cryptocurrency can be used as a very safe and convenient alternative payment, cryptocurrency and fiat will continue to run together and will not replace each other.

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June 26, 2019, 03:47:16 PM
 #186

Cryptocurrency is a currency of quickness and convenience. You can use it to pay any expenses at any one of the worlds via the Blockchain platform. In particular, Cryptocurrency will not be able to be created, so it will not be able to create inflation.

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June 26, 2019, 04:56:04 PM
 #187

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.
Yes i do think crypto is economy freedom. But we need to look at the big picture before judging our currency economy. I do believe goverments are controling the economy for the good of their citizens, it will be a chaos if the value are drop and they do trying to make it stable as much as possible and i do think the fluctuation is happening because the economy global and the competition in export of goods

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June 26, 2019, 06:31:01 PM
 #188

Cryptocurrency is a currency of quickness and convenience. You can use it to pay any expenses at any one of the worlds via the Blockchain platform. In particular, Cryptocurrency will not be able to be created, so it will not be able to create inflation.

But sometimes it is very difficult if transacting when transaction costs are very large, of course that is a shortfall that exists at this time, indeed the price has recovered, but do you think when the bitcoin price touches 100,000 $ surely all shipping costs will be large and if you set the cost is too small is likely to slow down your transactions to someone, of course there are still many corrections regarding Cryptocurrency going forward to overcome this ...
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June 26, 2019, 06:54:12 PM
 #189

Cryptocurrencies offers great opportunity for users to have financial freedom compared to the situation with fiat currency. People need freedom to be achieve greater financial gains and this is easily achievable through cryptocurrencies.
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June 26, 2019, 07:15:21 PM
 #190

Cryptocurrency is a currency of quickness and convenience. You can use it to pay any expenses at any one of the worlds via the Blockchain platform. In particular, Cryptocurrency will not be able to be created, so it will not be able to create inflation.

But sometimes it is very difficult if transacting when transaction costs are very large, of course that is a shortfall that exists at this time, indeed the price has recovered, but do you think when the bitcoin price touches 100,000 $ surely all shipping costs will be large and if you set the cost is too small is likely to slow down your transactions to someone, of course there are still many corrections regarding Cryptocurrency going forward to overcome this ...

the transaction fees is dependent on the price so yes btc will have an expensive fees whenever the value reaches 100kusd and above but that was a long way to go . for now we can still enjoy our bitcoins for shopping because the fees are still reasonable as the value is not that high enough  but when the time comes when the price of btc and its fees will become super high , there are still other coins that we can use as an alternative for payment purposes  .
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June 26, 2019, 10:52:03 PM
 #191

Cryptos do not have any boundaries. You do what you want to do with your crypto and if not deposited on an exchange, no one can control your crypto for you. Paying online has been improved a lot and funding online payment merchants like skrill, neteller and other has become a bit easier compared to the when only fiat to fund one's account.
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June 26, 2019, 11:03:48 PM
 #192

Cryptocurrency is now global we must have it and know about it otherwise we will be left behind. Crypto is one of the new technologies that can bring us into the future because of its useful, which can be used as an investment and online payment with a very low fee also fast. Moreover, many large companies have made their own cryptocurrency, of course, the trust of these people about crypto continues to grow.

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June 26, 2019, 11:06:34 PM
 #193

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 need cryptocurrency because cryptocurrency has many advantages over fiat like anonymous transactions because if you use fiat we can be tracked when transferring money to other people as long as cryptocurrency is not tracked, and cryptocurrency got a lot of other feature.

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June 26, 2019, 11:49:03 PM
 #194

There is no amount of words that can ever convince me that we don't need cryptocurrency in this contemporary world where technology is more advanced. The world is undergoing digitization and most transactions are done online without the need of paper currency. Crypto has brought the world to our doorstep and things are made readily available.
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June 27, 2019, 12:36:14 AM
 #195

Cryptocurrencies offers great opportunity for users to have financial freedom compared to the situation with fiat currency. People need freedom to be achieve greater financial gains and this is easily achievable through cryptocurrencies.
Alright, People need cryptocurrency because fiat on their country move liar by countrol on goverment. When they hold cryptocurrecny look have own money and full control of it.

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June 27, 2019, 02:05:03 AM
 #196

Cryptocurrency is now global we must have it and know about it otherwise we will be left behind. Crypto is one of the new technologies that can bring us into the future because of its useful, which can be used as an investment and online payment with a very low fee also fast. Moreover, many large companies have made their own cryptocurrency, of course, the trust of these people about crypto continues to grow.
With adoptions that is now happening all over the world, having cryptos is no longer for investment form but also a channel for much quicker transactions, especially who needs borders to borders it can be done easily and quickly as we don't need to go banks any money remittance and wait some time.

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June 27, 2019, 06:23:18 AM
 #197

It’s funny how y’all had been silent over crypto topics in the past year and all of a sudden are back at it now.

Let me remind us that it is still deep. The previous peak is $19800. Also, it’s a disconnect to associate crypto with investment .They are just currencies to help with the ease and anonymity of your financial transactions.

Invest at your own risk as the volatility is very high since it is poorly regulated and doesn’t have a good historic data either.

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Be kind whenever possible. It is always possible
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antisocial77
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June 27, 2019, 07:51:47 AM
 #198

Come on guys, we had not change anything yet, we are all here to make "easy money".at least we thought it was easy.

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taufik0911
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June 27, 2019, 08:01:19 AM
 #199

cryptocurrency is currently needed because do you know how much government money is used to print a piece of money?
in my opinion it is a waste that is not needed in the future, the government should open its eyes and see that potential
so that the state can save state expenses to print money and use it to other needs to increase the feasibility of life for its people
that is my reason why cryptocurrency is urgently needed

romero121
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June 27, 2019, 09:00:56 AM
 #200

To the growing population what we spend on printing currencies will be very big. When we calculate the entire sum of fund allocated for printing currency on different countries, it is absolutely big. These funds can be used on some other needs for the uplifting of the country's economy. In such a way in varied form cryptocurrency fulfills the need of people.
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