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Author Topic: The reason we need cryptocurrencies  (Read 11676 times)
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July 02, 2019, 01:50:46 AM
 #221

we cannot over emphasize the reasons we need crypto currency. Crypto currency has finally given us the liberty to actually own what actually ours, I have always kicked against the banking system, I mean what use is my money in a bank account with no interest attached? when i can invest such amount in crypto though risky, but still make some few bucks.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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July 02, 2019, 01:57:24 AM
 #222

Basically  one of the most important of cryptocurrency is the freedom and privacy it give to the owners of the wallet. The freedom from the oppressed which is the government of our countries, be our own bank without haven any fear of intimidation from.
As we are moving towards the cashless, there is a need to use this technology for ease.

And that is the reason why the governments hate these cryptocurrencies. They can no longer find out who earns how much and how that money is being spent. Bitcoin can be used as a tool against the government surveillance. On top of that, it is very difficult to seize these coins by the government authorities, like they do with physical cash and other assets.

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July 02, 2019, 02:16:48 AM
 #223

Cryptocurrency is said to be a medium of exchange like the fiat the fiat but it is more designed for the purpose of digital information. If you want to avoid using fiat which is being managed and controlled by the governments and central banks, cryptocurrency is the best alternative for your financial needs. Cryptocurrency has a lot more features than the ordinary and centralized fiats and you can use it anywhere in the world without the need for banks because it is decentralized and owned only by you.
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July 02, 2019, 03:06:31 AM
 #224

Because we need to render the banks useless at this point in time. They are there to simply manipulate everything about fiat money. They are there to simply control the people. They are making everyone look stupid. Cryptocurrency will take that from us. Cryptocurrency will only leave two parties in each and every transaction. There is no point using any middle body to monitor and sanction everything.
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July 02, 2019, 12:53:18 PM
 #225

If we want financial freedom in the future then I could say that cryptocurrency is the answer.
We are making our own banks here and we're making our own profit which is far from regulation and manipulation of the government.
Cryptocurrency plays a vital role in our community and if we'll value it, we'll gain a better financial situation in the future.
I would like to say that why we want cryptocurrency  for future?Huh?? Whats the main reason behind this???
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July 02, 2019, 03:27:38 PM
 #226

If we want financial freedom in the future then I could say that cryptocurrency is the answer.
We are making our own banks here and we're making our own profit which is far from regulation and manipulation of the government.
Cryptocurrency plays a vital role in our community and if we'll value it, we'll gain a better financial situation in the future.
I would like to say that why we want cryptocurrency  for future?Huh?? Whats the main reason behind this???
Cryptocurrency could provide a different ways of dealing with the financial problems and bottleneck that we have right now. As a proof so many companies are investing into their R&D for implementing blockchain to their systems. Blockchain is a revolutionary technology that's why we'll need it in the future, also it is really beneficial for the globalization.

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July 02, 2019, 04:10:44 PM
 #227

in my opinion, to undermine the bank system that is supported by the government with its monopoly system, it will continue to exist, but by collaborating with banks and crypto we can slowly control our own financial situation from crypto.

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July 02, 2019, 05:03:53 PM
 #228

The reasons why we need crypto are many. take for instance, in my country, when you wanna make deposit in a bank, there is a special form you will fill if the total amount you are depositing is above certain amount. crypto will save time and energy, it will make buying and selling convenient with little or no charge unlike banks that charge exhorbitant fee for using there services. crypto prepaid card allow easy transfer and spending of crypto just like cash with any hidden charges both locally and internationally. my debit card issued by bank limit amount of money I can spend on international site.
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July 02, 2019, 10:45:21 PM
Last edit: July 02, 2019, 10:55:46 PM by kr105
 #229

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.

We should appreciate more the freedom we get thanks to crypto. I also think that fiat and cryptocurrency will surely run together, i don’t expect them to replace each other. That’s a low chance for now. Totally agree with every word you said about that crypto can be used as an alternative payment. I mean, it’s actually the best alternative payment method in my opinion.
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July 03, 2019, 04:00:21 PM
 #230

If we want financial freedom in the future then I could say that cryptocurrency is the answer.
We are making our own banks here and we're making our own profit which is far from regulation and manipulation of the government.
Cryptocurrency plays a vital role in our community and if we'll value it, we'll gain a better financial situation in the future.
I would like to say that why we want cryptocurrency  for future?Huh?? Whats the main reason behind this???
We need crypto currency because it has good effect on our life and day by day we are getting rich with the help of crypto currency. it has given us more jobs to earn money, it is being use by us as job, as money and as future asset, crypto currencies are needed by us to make our life better according to development of system.

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July 04, 2019, 01:52:54 AM
 #231

Cryptocurrency provides many benefit to people. We can earn profit from cryptocurrency without need on paying tax, cryptocurrency is like a bank which you can store and save your money, and the best part of it is that it is decentralized, no government can control it and dictate rules with it.

This is what the main reason why I also use cryptocurrency. We don't need third party, no one holds up our funds except us. We can easily access our bitcoin, good thing our country is still open about cryptocurrency. I do trading and it help me a lot in my financial status.
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July 04, 2019, 07:44:24 AM
 #232

Main reason I think is to be free from banks. They charge higher fees compared to crypto. Transaction was made easier and faster because of crypto. You can send to any country without restrictions using cryptocurrencies. Also the price fluctuates so your holdings can grow compared to the interest that bank gives.
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July 04, 2019, 09:54:33 AM
 #233

Well, there’s a lot of things to be considered as advantages of cryptocurrencies. Aside from the advantages mentioned above, one of the best advantage it gives is, it gives the less fortunate individual in finding jobs to have the chance to earn and employ themselves by finding strategy on how to earn more in crypto. Though it needs capital to be able to acquire one single currency but there are also ways it gives to acquire them for free. Bounties, services paid in crypto and trading items with crypto and a lot more. You cannot find options as advantageous like these in the outside world unless one agree to rob a bank.  Grin
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July 04, 2019, 10:20:26 AM
 #234

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 agree, the banking system has never been perfect and people are used to not trust banks. Therefore, cryptocurrencies have become for people a breath of fresh air. Therefore, they have become so popular among people around the world. More independence and less control.
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July 04, 2019, 10:36:06 AM
 #235

Well, there’s a lot of things to be considered as advantages of cryptocurrencies. Aside from the advantages mentioned above, one of the best advantage it gives is, it gives the less fortunate individual in finding jobs to have the chance to earn and employ themselves by finding strategy on how to earn more in crypto. Though it needs capital to be able to acquire one single currency but there are also ways it gives to acquire them for free. Bounties, services paid in crypto and trading items with crypto and a lot more. You cannot find options as advantageous like these in the outside world unless one agree to rob a bank.  Grin
of course for now it's a good moment for bounty hunters, they can generate bitcoin and invest in the future. besides that, we are ready to compete in the competition for technological progress. so happy we are already familiar with bitcoin at this time


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July 04, 2019, 11:43:56 AM
 #236

They are many reason we need cryptocurrency, because crypto is a digital money that is accept crossed the nation wide, through payment or purchasing of good, etc and is faster and transparent, for every transaction made, with out stress.  
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July 04, 2019, 12:02:03 PM
 #237

The fees that those banks that subtly charge us is really huge when it's computed. Everytime we withdraw or transfer our money is really painful for ordinary people. That makes them very rich. But now it is time that cryptocurrencies are going to remove their privilege of stealing from us unnoticeably. The fees that we can save from the banks or remittances is already enough to lower the expenses of a family.
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July 11, 2019, 07:50:40 AM
 #238

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.

in order to generate more returns on investment.
Gabah56
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July 11, 2019, 07:59:26 AM
 #239

my reason
1. investing in the world Cryptocurrency has a positive impact on my economic life, bro.
2. because investing in the Cryptocurrency world is my main job, bro.
3. I think investing in the Cryptocurrency world with discipline and patience will have a positive impact on profit

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July 11, 2019, 08:26:23 AM
 #240

We need cryptocurrencies because they solve several classes of problems. They do so by defining the supply of money through software rather than government, cutting out middle men, and having various properties such as faster transaction confirmation times. For these fundamental reasons, I believe that cryptocurrencies have a very bright future.
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