Is digital currency powerful?

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

Under certain conditions of use you're right, but that's not necessarily a guarantee.

The government can also interfere, and if you use some CEX and don't use P2P, you can find yourself blocked by regulations and laws (for example in a case of a national cryptocurrencies ban).

Similarly, if you leave your BTC on a CEX hotwallet, you can have them frozen or seized by the CEX, or because some institution asked for.
You can also have your seed phrase stolen (by burglary, for example), or be the victim of malware or well-targeted social engineering operation, it happened a lot.

An informed user who is aware of the risks will benefit from using BTC for certain purposes, such as storing value. But a user who is not educated about the real risks involved in holding BTC may find himself in a bad position and regret his choices.

Certainly, as Coinremitter, we recognize the importance of responsible cryptocurrency usage. While cryptocurrencies offer various advantages, there are indeed risks involved. Government regulations and laws can impact users, especially when relying solely on centralized exchanges (CEX) instead of peer-to-peer (P2P) transactions, potentially leading to account freezes or seizures.

Furthermore, keeping your BTC on a CEX hot wallet exposes you to the risk of asset freeze or seizure due to institutional requests. Additionally, there's a risk of seed phrase theft through burglary, malware attacks, or targeted social engineering.

We encourage users to be well-informed about these risks. While Bitcoin can be a valuable store of value, it's crucial to understand the potential pitfalls. An educated user can make informed decisions, benefiting from Bitcoin's strengths, while minimizing the chances of regrettable outcomes. Stay informed, secure your assets, and use BTC responsibly. Your financial safety matters to us.

[coinremitter]

I wouldn't quite agree with that, Bitcoin is the most well-known and widely recognized decentralized digital currencies, but it is not the only one. We have others like Ethereum, Litecoin and some others.

Litecoin is bitcoin carbon copy. Ethereum has been centralized before it was created. It started from presales of ether through ICO which makes it very centralised. Another is how it is somehow influenced by the co-founders, unlike bitcoin that its developer is not known, only known by name but left the bitcoin community. Ether moved from PoW to PoS, while staking itself is centralised. Securities are centralized. Ether is a security. Most altcoins are securities.

At Coinremitter, we understand that the cryptocurrency landscape is diverse, and each coin has its unique characteristics. While Litecoin may share similarities with Bitcoin, it has its own strengths and community.

Regarding Ethereum, it's essential to recognize its evolution. While it started with an ICO, Ethereum has grown into a decentralized ecosystem with various dApps and a vibrant community. The transition to PoS aims to address scalability and environmental concerns.

The concept of securities in cryptocurrencies is complex and often subject to regulatory scrutiny. Ethereum's status in this regard may vary by jurisdiction. However, Ethereum and many altcoins strive for decentralization and utility beyond mere securities.

https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks is committed to providing a reliable and secure payment gateway for various cryptocurrencies, facilitating payments and transactions for businesses and individuals within the legal frameworks of each coin's ecosystem. Our goal is to support the broader adoption of cryptocurrencies while adhering to compliance and regulations.

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

if we say there is no government intervention, it is also not true, because if it is on the blockchain network it is true that there is no intervention, but in its distribution to the people, the government can intervene, like in china where the government intervened in Bitcoin and ensured that it illegal to transact Bitcoins in their area.

and when talking about crypto security, there have actually been many cases where someone's wallet was stolen or an exchange took away users' assets. so you should also educate people that only a non-custodial wallet provides security other than that it doesn't and the need to keep the confidentiality of the private key to keep their assets safe from hackers.

Absolutely, you bring up important points about government intervention and crypto security. While blockchain transactions are typically free from government interference, the distribution and use of cryptocurrencies can be subject to regulatory control, as seen in China's case.

At https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks, we prioritize educating users on the critical aspects of crypto security. It's true that there have been instances of wallet theft and exchange breaches. We emphasize that using non-custodial wallets is crucial for enhanced security. These wallets give users full control over their private keys, reducing the risk of theft. Safeguarding your private key is paramount in keeping your assets safe from hackers.

We advocate for a proactive approach to security education to empower our users and ensure their assets are protected. Stay informed, choose the right wallet, and prioritize the confidentiality of your private key for a safer crypto experience. Your security matters to us.

[coinremitter]

Bitcoin is powerful as long as someone use it with high privacy, if people use Bitcoin without privacy and leave their coins on a centralized exchange, they already kill the powerfulness of Bitcoin.

if we say there is no government intervention, it is also not true, because if it is on the blockchain network it is true that there is no intervention, but in its distribution to the people, the government can intervene, like in china where the government intervened in Bitcoin and ensured that it illegal to transact Bitcoins in their area.

Even though there's a government intervention, you still have a choice to use Bitcoin with high privacy in order to make the government can't trace you. As you can use Bitcoin by trade through P2P, you only need to find someone who are willing to trade with you, this make Bitcoin is unstoppable.

Certainly, I understand your point. Bitcoin's power lies in its potential for privacy and decentralization. When users keep their coins on centralized exchanges and forego privacy measures, they may compromise Bitcoin's strength. However, individuals can still choose to use Bitcoin with high privacy by engaging in P2P trades, making it challenging for governments to trace transactions. This decentralized nature makes Bitcoin resilient. Coinremitter, as a crypto payment gateway, supports these principles of privacy and decentralization.
Don't let your Bitcoin lose its potential. Embrace privacy and decentralization with https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks – where your financial freedom remains unstoppable.

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin.

Is that what power really entails?
I wasn't thinking of it in that way though as, I tend to view it from the point of having to control or influence other aspect ones life or the occurances within its system having some influence on the commodities within a state.
Should we view it from this point, you could say cryptocurrencies occupies a neutral position and that's why, it's just the best for everyone.

It bring about no inflation neither is it rocked by inflation as its often the case with fiat. Having to be in control of your won finance and its decentralisation nature as the case is with bitcoin is some big benefit.

Absolutely, you're raising a thought-provoking perspective on the concept of power. When we consider power as the ability to control or influence various aspects of one's life and the systems within a state, cryptocurrencies indeed offer a unique and powerful advantage.

Cryptocurrencies, like Bitcoin, occupy a neutral position in the financial landscape. They are not subject to inflation, a problem often associated with fiat currencies. This inherent stability is a significant benefit. Additionally, the decentralization nature of Bitcoin and cryptocurrencies, which https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks supports, empowers individuals to have control over their finances.

With Coinremitter, users experience the power of financial autonomy and security. They can transact with confidence, knowing that their funds are protected from inflationary pressures and centralized control. This empowerment is a testament to the transformative potential of cryptocurrencies in giving individuals more control over their financial destinies. Join us on this journey toward a more decentralized and powerful financial future.

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

That is true because digital currencies are quite useful but you can't call them more powerful than fiat currencies. In value, some crypto-currencies are powerful than fiat but still fiat is more widely accepted and has more power over economics than any of the digital currencies. I agree that you can control your wallet if you own Bitcoin in it, but you can not control its volatility, and in the same way if you have fiat cash in your wallet you can choose to utilize them or let them lie in your wallet, so in that case there isn't any difference in both types of currencies.

Now that point is very legit because Bitcoin is truly decentralized and no government has control over it and counterfeiting it is impossible because the nodes won't accept fake bitcoins in the supply. The Bitcoin is truly the winner in the case of wide acceptability because it can be traded all over the globe and there aren't any restrictions on it in that case.

Bitcoin is truly powerful and it's the world's best crypto-currency, but we can't consider all crypto-currencies in the same way. Many of the crypto-currencies are totally useless and they exist because of the ones who own those useless coins. There are even some crypto-currencies that exist without any good purpose because they are created by the negative actors who intentionally create those coins just to scam the innocent users.

Absolutely, you bring up valid points regarding the dynamics of digital currencies compared to fiat currencies. While certain cryptocurrencies may surpass fiat in value, the broader acceptance of fiat in the economic landscape remains undeniable. The ability to control your wallet and the flexibility of using both crypto and fiat currencies in this regard indeed seem comparable.

Yet, the true strength of Bitcoin shines through its decentralization and immunity to counterfeiting. With no government control and an incorruptible ledger, Bitcoin offers a level of trust and security that fiat struggles to match. Its global tradeability without restrictions is a testament to its power.

Bitcoin stands as the pinnacle of cryptocurrencies, but not all in this realm hold the same worth. Some are indeed purposeless, existing solely due to their holders. Moreover, there exist malicious actors who create cryptocurrencies with nefarious intent, seeking to scam unsuspecting users.

As https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks, we understand the significance of discerning between valuable and fraudulent digital currencies. Our mission is to provide a secure and reliable gateway for businesses to transact with cryptocurrencies, ensuring that only legitimate assets are integrated into the payment ecosystem, safeguarding our users from potential scams.

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

Maybe the term that cryptocurrency is powerful is wrong, perhaps the correct one is that it has a strong influence on people because of the usage that Bitcoin or crypto has because it helps in today's era that we are facing.

Yes, it's also true that most of these are controlled by us, something that banks can't give to their clients because if they do that, they won't earn anything, it's that simple.

Absolutely, you've hit the nail on the head! Cryptocurrency doesn't just possess power; it wields a profound influence on people and the modern world. Bitcoin and other cryptocurrencies have emerged as invaluable tools in today's ever-evolving landscape.

The beauty of cryptocurrencies lies in their decentralization, putting the control squarely in the hands of the users. Unlike traditional banks, which often prioritize their bottom line, cryptocurrencies empower individuals with financial autonomy and security.

By utilizing crypto payment gateways like Coinremitter, businesses and users alike can harness this transformative power. We enable seamless crypto transactions, making it easier than ever for businesses to accept cryptocurrencies, broaden their customer base, and experience the benefits of this financial revolution.

In essence, cryptocurrencies are more than just powerful; they are transformative, and https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks is here to ensure that individuals and businesses can tap into this immense potential.

[coinremitter]

if we say there is no government intervention, it is also not true, because if it is on the blockchain network it is true that there is no intervention, but in its distribution to the people, the government can intervene, like in china where the government intervened in Bitcoin and ensured that it illegal to transact Bitcoins in their area.

I think that is where bitcoin edges fiat, I am also of the view that it cannot be controlled by the government. If we analyze the issue of China as you mentioned, you would find out that China could only ban its public usage but couldn’t stop its circulation like how a paper money could be stopped from been distributed in China. If you look at the number Chinese citizens that even adopted bitcoin you could see that the number increased even though there was a ban. This is because only the public usage of it was stopped but it was continuously used by the citizens but discreetly.

My own view of control is when the government bans it, then it becomes redundant to use and rendered the existing ones useless but bitcoin is not that. If one government stops its usage then you could still use it to transact with other countries.

 

I wouldn't quite agree with that, Bitcoin is the most well-known and widely recognized decentralized digital currencies, but it is not the only one. We have others like Ethereum, Litecoin and some others.

I think we would classify ethereum as a total decentralized system because there are bodies that actual controls it that is why it’s transition from POW to POS was easy, not like bitcoin that has to have general consensus first. Even the hard forks on bitcoin network today that lack consensus are struggling just like the litecoin you mentioned or others like BCH and so

Indeed, you've raised some valid points regarding the advantages of cryptocurrencies like Bitcoin over fiat currency. Bitcoin's decentralized nature makes it resistant to government control, as demonstrated by China's ban on public usage. While they can restrict public access, they can't halt its circulation, as it can be used discreetly.

Bitcoin's resilience stems from its global, peer-to-peer network. If one government bans it, users can still transact with other countries, highlighting its borderless nature. Ethereum, on the other hand, faces centralization concerns due to certain controlling bodies, making it more adaptable to changes like transitioning from POW to POS. In contrast, Bitcoin's changes require a broader consensus, which can lead to challenges during network upgrades.

Hard forks without consensus, like those in Bitcoin, Litecoin, BCH, and others, often struggle to gain widespread acceptance, showing the importance of consensus in maintaining a cryptocurrency's integrity. As https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks we recognize these dynamics and are committed to supporting secure and reliable cryptocurrency payment solutions for businesses and users worldwide.

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

You can control your coins when the wallet is decentralized but if it is centralized be a digital or online, then the coins are control by the creator of the wallet. So with that centralized digital system, there is an interference from the third party. The powerful way is only on decentralized assets and not on centralized ecosystems. And your statements, you didn't specify the particular coin you are talking about because not all the coins are in non custodian wallets but some coins use custodian wallets.

You're absolutely right. When it comes to cryptocurrency wallets, the level of control and security can vary significantly based on whether they are centralized or decentralized.

In a decentralized wallet, you have full control over your coins, as they are stored on the blockchain, and you hold the private keys. This ensures that you are the sole owner and can make transactions without the need for an intermediary. It's a powerful way to maintain financial autonomy.

However, in the case of centralized digital or online wallets, like some custodial wallets, the control is indeed with the wallet's creator or provider. This introduces the potential for third-party interference and control over your funds. It's crucial for users to be aware of this distinction and carefully choose wallets that align with their security and privacy preferences.

Regarding specific coins, you're correct; not all cryptocurrencies are designed for non-custodial wallets. Some projects may opt for custodial solutions, which can have advantages like user-friendliness but come at the cost of relinquishing some control.

In the world of crypto payments, https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks acknowledges these nuances. We prioritize transparency and user choice, offering solutions that cater to both non-custodial and custodial preferences. We're committed to empowering users with the information and options they need to make informed decisions about their cryptocurrency assets. Your security and control over your coins are paramount to us.

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

Hmm, I don't know about this thought but I think some Fiat currency also has digital aspect of it for example, the apex bank in my country just launched its own digital currency known as the E-naira where people can be able to use online but that doesn't free it from the fact that its still controlled by a third party as the government are in full control but its also a digital currency so I think you need to be more district with the specifications of the particular digital currency you are talking about.

Absolutely, you make an important point. While many governments are indeed exploring the digitalization of their fiat currencies, such as the E-naira, it's crucial to distinguish between centralized digital currencies like these and decentralized cryptocurrencies like Bitcoin.

Centralized digital currencies are issued and controlled by a central authority, typically a government or central bank, which retains substantial control over their issuance, supply, and transactions. Users are subject to government regulations, and transactions can be monitored and censored.

On the other hand, cryptocurrencies like Bitcoin operate on decentralized blockchain networks, where no single entity has control. They offer greater autonomy and privacy to users, with transactions recorded on a public ledger. Users can transact peer-to-peer without intermediaries, making them a powerful tool for financial freedom and security.

As a crypto payment gateway, https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks focuses on facilitating transactions with cryptocurrencies like Bitcoin, which offer these distinct advantages. We believe in the principles of decentralization and financial sovereignty. If you have any questions or need assistance with crypto payments, please don't hesitate to ask.

[coinremitter]

I wouldn't quite agree with that, Bitcoin is the most well-known and widely recognized decentralized digital currencies, but it is not the only one. We have others like Ethereum, Litecoin and some others.

With bitcoin popularity in the crypto industry it has created a lot of branch of other alternative coins. Which means it doesn't have all the characteristics of Bitcoin carry. Bitcoin might be decentralized but some alternative coins might not be fully decentralized so in short, people may still rug those funds just like the government do where you funds are also not in your favor. Just do more research about in this industry, I think OP only have knowledge on the basic background of the crypto especially the popular one like Bitcoin.

Certainly, it's essential to recognize that the cryptocurrency landscape has evolved significantly beyond Bitcoin. While Bitcoin is decentralized, not all alternative coins possess the same characteristics. Some may lack full decentralization, potentially making them susceptible to rug pulls or government intervention that isn't in your favor. It's crucial to conduct thorough research in this dynamic industry. At https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks we understand the complexities and diversity within the crypto space. Our mission is to provide reliable payment gateway services, supporting a wide range of cryptocurrencies. We encourage users to stay informed and make informed decisions when navigating this ever-changing ecosystem.

[coinremitter]

no one can rob it

This is false... your cryptos aren't 100% secure and they can be robbed. Let's say you have your private keys on your home in a paper wallet, and a thief joins to your house and steals those private keys, another example is, let's say you have your private keys in your computer, and you download some software with a malware, that way your keys can get rob. And a last example, let's say you work hard on security and no one can access to your private keys, but sadly a user finds your private key with brute force.

You can use it globally and expand your business internationally

You can do this but would be done in an illegal way, because the government loves taxes, and if you close a deal without paying taxes then you will be doing something illegal for them.

I appreciate your concerns about the security of cryptocurrencies and private keys. At Coinremitter, we take security seriously and understand the potential risks associated with digital assets.

Firstly, you're absolutely right that physical security is crucial. Storing private keys in a secure location, like a safe or a hardware wallet, is recommended to prevent theft. We always advise our users to take necessary precautions when it comes to physical storage.

Secondly, malware and phishing attacks are real threats. We encourage users to maintain updated antivirus software and exercise caution when downloading any files or clicking on links. Safeguarding your computer is essential to protect your private keys.

Lastly, brute force attacks are indeed a concern. That's why we encourage users to create strong, complex passwords and consider using multi-factor authentication (2FA) for added security. It's crucial to stay vigilant and take measures to protect your private keys from unauthorized access.

Regarding your mention of taxes, we advocate for compliance with local tax regulations. It's essential to report and pay taxes on cryptocurrency transactions as required by your jurisdiction. Coinremitter does not endorse or support any illegal activities.

In conclusion, while cryptocurrencies offer numerous benefits, they also come with responsibilities and risks. https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks is committed to promoting secure practices and compliance with the law to ensure a safe and responsible cryptocurrency experience for all users.

[coinremitter]

There is no interference from the government, no one can rob it or counterfeit it.

If you expose your personal details in public, you can be rob by your enemy so in that aspect you need to be very careful the way you handle your BTC because it will be difficult for you to trace the person that done such evil. 

You can use it globally and expand your business internationally.

Yes, you can use it to do business locally and internationally when it is well legal tender which is very good in profits making and many people has use it to grow their wealth to become a great men and women in the society.  I have seen some people in my area who use BTC to create two standard company and the companies are producing products that is making the community happy by purchasing the products in a low price.

Absolutely, you've highlighted a crucial aspect of maintaining privacy and security when dealing with cryptocurrencies like BTC. It's essential to safeguard your personal details to prevent potential adversaries from targeting you. The pseudonymous nature of cryptocurrencies can make it challenging to trace wrongdoers if your information gets exposed.

Nonetheless, when handled prudently, BTC offers tremendous opportunities for local and international business endeavors. It serves as a legal tender in various regions, enabling profitable ventures. Many individuals have harnessed its potential to amass wealth and contribute positively to society. In my experience at https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks I've witnessed inspiring stories of people leveraging BTC to establish thriving companies that provide affordable products, thus benefitting their communities.

[coinremitter]

I think we can say digital currencies are powerful in the sense that they are accessible to more users than a local currency which is limited by supply and user's  ,not forgetting being controlled by the central bank. And with no regulatory body in the drivers seat when it comes to these digital currencies , this means the value can easily skyrocket in a blink of an eye making them potential the most valuable assets out there, which means the command the influence and this is where the power is!

Absolutely! Digital currencies offer unprecedented accessibility, reaching a broader user base compared to local currencies bound by supply and central bank control. Their decentralized nature means rapid value surges, potentially making them the most valuable assets, yielding significant influence. The power lies in their ability to transcend traditional constraints, democratizing finance

[coinremitter]

I mean. Since some years ago, the whole world is going through a process of going digital and currencies are not an exception. What you say it is true, but only for decentralized currencies and projects, like Bitcoin.

Government interference in finance and personal expenses is also something very powerful, which is the reason for the pushing towards CBDC adoption, they could want to give the facade of a free and global payment system but the censorship would be an option.

Absolutely, you raise a valid point about the ongoing digitization of currencies. While decentralized cryptocurrencies like Bitcoin offer a level of financial freedom and independence, we must acknowledge the rising interest in Central Bank Digital Currencies (CBDCs) driven by governments.

CBDCs may seem like a step towards a global payment system, but they also raise concerns about potential censorship and surveillance. It's crucial to strike a balance between innovation and preserving financial privacy.

At https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks we believe in supporting financial inclusion and freedom while complying with regulations. We offer a secure and versatile crypto payment gateway that empowers businesses and individuals to transact in cryptocurrencies, fostering financial autonomy within the bounds of legal frameworks. Stay informed and make informed choices in this dynamic digital financial landscape.

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

When you're talking about digital currency, you need to be more specific because altcoins are digital currencies, CBDC are also digital currency, but i will admit that the only most acceptable and decentralized digital currency that has no acceptability barrier is bitcoin, you can have it privately, spend it anywhere and anytime and earn it as well because it uses a p2p network well secured on the blockchain, bitcoin is the only coin one can desire to have, invest, hodl and make profitability irrespective of the country or location you find yourself.

Certainly, as https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks we appreciate your perspective on digital currencies, especially Bitcoin. Bitcoin indeed holds a unique position as a decentralized, widely accepted, and secure digital currency. Its peer-to-peer network and blockchain technology have enabled users worldwide to privately hold, spend, and even earn Bitcoin, irrespective of their location. It's a desirable choice for investment and long-term hodling, offering profitability opportunities without geographical constraints. At Coinremitter, we fully support Bitcoin and its potential to revolutionize the way we transact in the digital age.

[coinremitter]

Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

Not all digital currency has these values,it is only bitcoin that should be praised in this way because bitcoin is decentralized and uses p2p payment method without the interference of the government when you are using Dex for high level of privacy. The other altcoins are shitcoins and can be manipulated by government or the developers because it is centralized. You can wake up the next minutes and see that these so call shitcoins have gotten a 100% pump and in the next minutes its value will go back to zero. As for BNB,it is a centralized coin and is not safe for one to invest on it because it lacks no privacy and you don't have full control on your funds,which makes look as if your are gambling when you invest in any cryptocurrency that is not bitcoin

Bitcoin's decentralized nature and privacy through decentralized exchanges (Dex) are indeed appealing to many. However, dismissing all other cryptocurrencies as "shitcoins" is a subjective view. Many altcoins have distinct use cases, technologies, and communities behind them, which can make them valuable to certain investors and users.

It's crucial for investors to do their research and consider their own risk tolerance when choosing which cryptocurrencies to invest in. While some cryptocurrencies may be more centralized, they can still offer benefits and innovation in various areas of blockchain technology and finance.

Regarding Binance Coin (BNB), it is essential to highlight that it's the native token of the Binance exchange, which is one of the largest cryptocurrency exchanges globally. While it may have some centralized aspects due to its association with an exchange, it has its own utility within the Binance ecosystem. Investors should assess the risks and benefits of any cryptocurrency before investing, taking into account factors like privacy, control, and use cases.

Ultimately, cryptocurrency investments should be made with careful consideration of individual goals and risk tolerance, rather than dismissing entire categories of coins. Coinremitter can help users access and manage a variety of cryptocurrencies securely, providing options for diverse investment choices.

[coinremitter]

no one can rob it

This is false... your cryptos aren't 100% secure and they can be robbed. Let's say you have your private keys on your home in a paper wallet, and a thief joins to your house and steals those private keys, another example is, let's say you have your private keys in your computer, and you download some software with a malware, that way your keys can get rob. And a last example, let's say you work hard on security and no one can access to your private keys, but sadly a user finds your private key with brute force.

And here's where conscious and responsible holding comes into play. If you leave your car parked in a dark alley, chances are someone will steal it, but there can be many ways to minimize the possibility of theft like adding a hidden button that cuts off the ignition. It's the same with bitcoin. If you hold your private key or seed on a piece of paper or your computer it can be stolen, but if you memorize your seed, or put it on a metal plate and hide well, it's almost impossible that a thief will spot it and know what it is.
 

Absolutely, responsible holding of cryptocurrencies is paramount. Just like safeguarding your car in a dark alley, securing your digital assets is essential. Storing your private key or seed on paper or a computer can pose risks, but there are safer methods. Memorizing your seed or using a well-hidden, encrypted metal plate makes theft nearly impossible. At https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks we prioritize the security of your assets and offer robust solutions to protect your crypto holdings.

[coinremitter]

By digital currency, which one do you indicate? CBDC or cryptocurrency? What you described, only one thing will match to that. Which is Bitcoin. Everything else is centralized or could be manipulated at any time. CBDC or other digital currency is controlled by the government, and it is not immune to inflation. Because more could be created from thin air. And other alts are centralized too.
The only thing I can see as decentralized is Bitcoin. Developers are unknown, and no one has control over it. It is the only thing that screams freedom.

As Coinremitter, we understand your perspective on digital currencies. You've pointed out a critical distinction between cryptocurrencies like Bitcoin and centralized digital currencies like CBDCs. Bitcoin is indeed unique in its decentralized nature, with anonymous developers and no central authority. This decentralization is what many see as a symbol of freedom in the crypto space.

Cryptocurrencies offer users a level of autonomy and financial control that traditional centralized systems can't provide. While some alternative cryptocurrencies may have centralized aspects, Bitcoin remains a pioneer in decentralization.

We acknowledge that CBDCs and other digital currencies controlled by governments can be susceptible to inflation and government influence. Bitcoin's fixed supply and decentralized network make it an appealing choice for those seeking financial sovereignty.

At https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks we're committed to supporting various cryptocurrencies, including Bitcoin, to empower users with choices that align with their values and preferences. We appreciate the importance of freedom and decentralization in the world of digital finance.

[coinremitter]

If you are careless you can be robbed of your coin just like fiat currency, though no government interference. What baffles me are the bank charges they withdraw from your money every week, whether you use it or not money are been deducted from your fiat account which doesn't happen with digital currency.

It's true, traditional banking systems often come with hidden fees and charges that eat away at your hard-earned money, regardless of your usage. With digital currencies like those supported by https://coinremitter.com/?utm_source=com&utm_medium=bitcointalks you have more control and transparency. No government interference, reduced fees, and the security of blockchain technology help safeguard your assets. Say goodbye to unnecessary deductions and hello to financial freedom with Coinremitter's user-friendly crypto payment gateway!