Does cryptocurrency actually solve any problems?

[AicecreaME]

I'll be honest, if money is the main issue of your life because you don't have enough, Bitcoin will solve that easily.

If you're going to do cryptocurrency full time, you'll realized that it's better to be your own boss and not work 8 hours a day in a toxic workplace. Bitcoin can give you a lot of money if you know what you should do, a simple buy and sell at the right moment is good enough to make profits but trading is the best if you want more, though you'll need a lot of money and experience in order to make more profits.

[Flexystar]

For me it solves the borderless transaction issues. Initially I had to go through “Foreign Remittance” form that used to ask me bunch of questions and form filling procedures. All the time I had to put I am providing for the health or education so that the transfer could be processed faster. It was very hectic process to be honest and Bitcoin just speeded up things for me in no time. Now that I can have Bitcoin purchasing on any exchanger or with the p2p methods and even better by earning it online, I could just make transaction to any family members across the border. The best feeling ever you can have. No begging to the banks, no paper trail. Just simple gesture of sending money to loved one.

[Tony116]

I'll be honest, if money is the main issue of your life because you don't have enough, Bitcoin will solve that easily.

If you're going to do cryptocurrency full time, you'll realized that it's better to be your own boss and not work 8 hours a day in a toxic workplace. Bitcoin can give you a lot of money if you know what you should do, a simple buy and sell at the right moment is good enough to make profits but trading is the best if you want more, though you'll need a lot of money and experience in order to make more profits.

Money is the main problem for all of us including you, not anyone's problem. It sounds easy, but when it comes to practice, it's not as easy as you say. If making money from bitcoin is so easy, why do so many people struggle and lose money investing in bitcoin? Especially with day trading, it is true that buying low and selling high will make a profit, but how do you know when it is time to buy and when to sell?

My friend, bitcoin is just an investment like any other, it gives you opportunity and whether you can turn it into money or not is up to you. You can get rich from bitcoin but you can also lose everything if you don't invest in the right way.

[tbct_mt2]

Money is the main problem for all of us including you, not anyone's problem. It sounds easy, but when it comes to practice, it's not as easy as you say. If making money from bitcoin is so easy, why do so many people struggle and lose money investing in bitcoin?

They lost money because they bought bitcoin but not invest in bitcoin. They bought it and used it for trading, gambling but not for investment. They wanted to invest but they FOMO buy and panic sell, loss is unavoidable by using capital like that.

My friend, bitcoin is just an investment like any other, it gives you opportunity and whether you can turn it into money or not is up to you. You can get rich from bitcoin but you can also lose everything if you don't invest in the right way.

They can lose money if they store their bitcoin in online acounts, exchange accounts and if they unfortunately have coins on scam exchanges.

They can lose money if they go self custody but did not backup wallet or use weak password and wallet is hacked.

[superman184]

I doesn't solve any problem but it's a good saving thing. I try to save some to my Ownr wallet accoun but it's realy hard to save money now

If you are still having trouble saving money, maybe you need to learn some tips that can help you to save some money regularly in your own life. Because in the past I have also experienced difficulties in storing cash or fiat money, but I have no difficulty storing cryptocurrency assets in my personal wallet.

This is because I am more willing to spend fiat money than sacrificing my cryptocurrency assets so that it is easier for me to save cryptocurrency than fiat in the past. But for now I have also learned to be frugal in using fiat money so that I can be more accustomed to saving fiat money along with cryptocurrencies.

[eightdots]

I'll be honest, if money is the main issue of your life because you don't have enough, Bitcoin will solve that easily.

If you're going to do cryptocurrency full time, you'll realized that it's better to be your own boss and not work 8 hours a day in a toxic workplace. Bitcoin can give you a lot of money if you know what you should do, a simple buy and sell at the right moment is good enough to make profits but trading is the best if you want more, though you'll need a lot of money and experience in order to make more profits.

Money is the main problem for all of us including you, not anyone's problem. It sounds easy, but when it comes to practice, it's not as easy as you say. If making money from bitcoin is so easy, why do so many people struggle and lose money investing in bitcoin? Especially with day trading, it is true that buying low and selling high will make a profit, but how do you know when it is time to buy and when to sell?

My friend, bitcoin is just an investment like any other, it gives you opportunity and whether you can turn it into money or not is up to you. You can get rich from bitcoin but you can also lose everything if you don't invest in the right way.

If everything was as easy as you say, I'm sure everyone would be doing what they said right now. Some things are not what they seem from the outside. When you get a job, you come across thousands of alternatives and problems. You came up with such an idea thinking that the best possibilities will always come true. But not many people in this world can achieve such a thing.

Bitcoin is an opportunity for many. But it also has risks. Not every investor can achieve the desired result. Many things are required for this. Many of us are here to learn these things and add more to our knowledge.

[Rengga Jati]

....other cryptocurrencies.. -snip-

What by mean of other cryptocurrencies? (Btw I have no problem meant by traditional financial systems, but only the other cryptocurrencies)...
Do you mean what is the value of Bitcoin compared to other cryptocurrencies?
Well, if this is about how Bitcoin or other cryptocurrencies have solved the problems, so far, simply, it is about helping to decrease the financial problems. Do you know how many people are getting a much better life after entering the Crypto market and doing certain activities related to crypto?

One of them is me, Bitcoin and other valuable cryptocurrencies really help me to solve my problems, including my financial problems, I have no job out there at that time and I need money to feed myself and also fulfill my family's necessities. And crypto helps me, from this crypto business, I can get earn to make myself much better and also have some savings and investments. This is only one of the examples and I am sure that there are still many other examples like me, who have a better life because of Bitcoin and other cryptocurrencies. Traditional finance really cannot do this to me as long as my life at that time.

And of course, the is also a new mindset about the financial system about digital currencies, and also about the ways of a business era in this global and digital era. That getting here and in the future, we must have a new mindset in accordance with the development of the times, so that we can adapt ourselves to the technology in the future. What's more, crypto is also expected to facilitate transactions globally more quickly and privately.

[Fivestar4everMVP]

I doesn't solve any problem but it's a good saving thing. I try to save some to my Ownr wallet accoun but it's realy hard to save money now

If you are still having trouble saving money, maybe you need to learn some tips that can help you to save some money regularly in your own life. Because in the past I have also experienced difficulties in storing cash or fiat money, but I have no difficulty storing cryptocurrency assets in my personal wallet.

This is because I am more willing to spend fiat money than sacrificing my cryptocurrency assets so that it is easier for me to save cryptocurrency than fiat in the past. But for now I have also learned to be frugal in using fiat money so that I can be more accustomed to saving fiat money along with cryptocurrencies.

Well, you are right though, saving money in cryptocurrencies is more achievable than saving money in fiat, most especially, for those who are not rich just yet and also have a lot of things to spend money on, for such type of people, saving money in fiat is very difficult because it is a generally accepted currency already, spending it is very easy compared to cryptocurrency, you can walk into any store, and even with out cash, but with your card, you will easily spend your fiat money.

But for cryptocurrencies, depending on where you are holding it, you will have to first of all withdraw it to an exchange, and it must be one that offers p2p, or one where you can withdraw to your bank account directly from the exchange after converting the crypto to fiat money, this is a process some people do consider time consuming, so instead of going through this, they will rather just spend what they have in their bank account.

So yeah, for some or most people, saving money in crypto do help them save effectively, much more than saving money in fiat.

[Vaskiy]

There is difference of understanding about bitcoin between people. Some consider it the alternate to the traditional payment whereas there are people who consider it as investment and for other needs. So, it could solve different problems based on the way people use it. However this doesn't serve major problems of economy or social development such as the unemployment, poverty and other factors. There is some kind of misunderstanding among people that usage of bitcoin or increasing adoption could eradicate poverty and increase the employment opportunity.

[adzino]

Been asked a couple of times, what problems does cryptocurrency solve, and what’s its unique value proposition compared to other cryptocurrencies or traditional financial systems.  Would love any other users take on this ..

It does solve a lot of problem. Not all crypto currencies, but some do. Traditional fiat system is centralized and normal people has no say on how things will be controlled. Only few people in power can decided whatever they want and basically they alone "owns" everyone's money. They can print money anytime they wish, they can deny access to your funds if they want and they can seize all your money without your permission. Decentralized currency like Bitcoin solves this centralization issue. And lets not forget that not everyone are able to have or access the banking system. Crypto currencies let anyone from anywhere be their own bank where they themselves have full access and rights to their own coins.

[Learn Bitcoin]

Snipped AI Shit

There is no reason to use AI shit to write why and how cryptocurrency (More precisely, Bitcoin) solved some problems. If you continue using AI to write these shits, you will unlikely survive in this forum. You better not use this AI shit and write on your own. I have seen your post history and noticed you are one of my countrymen. You guys are the reason why we people always get attacks from global members.

Delete your AI shit, and never write with AI. If you can write on your own, then come to global threads and write. But, if you cannot, stick to the bounty board where you feel good about participating. There is saying in Bengali ”দুষ্ট গরুর চাইতে শূন্য গোয়াল ভালো”

[meliorem]

its decentralized and better option to move money anywhere in the world while old method is not easy compared to btc system

[fruktik]

If you are still having trouble saving money, maybe you need to learn some tips that can help you to save some money regularly in your own life. Because in the past I have also experienced difficulties in storing cash or fiat money, but I have no difficulty storing cryptocurrency assets in my personal wallet.

This is because I am more willing to spend fiat money than sacrificing my cryptocurrency assets so that it is easier for me to save cryptocurrency than fiat in the past. But for now I have also learned to be frugal in using fiat money so that I can be more accustomed to saving fiat money along with cryptocurrencies.

        Do you think that the process of saving money for future investments comes immediately? No, it's not. Only over the years does the relevant experience and knowledge in this matter appear. In addition, there are not many people who, even after many years, come to such an awareness. Everything is quite individual.
         It took me personally more than one year to learn at least something in this matter, but there are still some questions and difficulties.

[rozak]

There is some kind of misunderstanding among people that usage of bitcoin or increasing adoption could eradicate poverty and increase the employment opportunity.

that is clearly a wrong understanding. those who view Bitcoin as an investment asset have benefited so far. although there are also those who try to follow the investment and then fail. those who view Bitcoin as a payment alternative also benefit. when in the business they are developing, with the use of Bitcoin it is possible to expand the reach of their business development.

but around me, more people think that Bitcoin is an investment asset. so those who know and own Bitcoin are people who earn and do have long term planning. not unemployed trying to get rich from Bitcoin in an effort to reduce poverty.

[Hypnosis00]

If you are still having trouble saving money, maybe you need to learn some tips that can help you to save some money regularly in your own life. Because in the past I have also experienced difficulties in storing cash or fiat money, but I have no difficulty storing cryptocurrency assets in my personal wallet.

This is because I am more willing to spend fiat money than sacrificing my cryptocurrency assets so that it is easier for me to save cryptocurrency than fiat in the past. But for now I have also learned to be frugal in using fiat money so that I can be more accustomed to saving fiat money along with cryptocurrencies.

        Do you think that the process of saving money for future investments comes immediately? No, it's not. Only over the years does the relevant experience and knowledge in this matter appear. In addition, there are not many people who, even after many years, come to such an awareness. Everything is quite individual.
         It took me personally more than one year to learn at least something in this matter, but there are still some questions and difficulties.

I'm not sure if you know what is savings meant for - it is for the future. Of course, you can't think it gives you a profit but it was intended for the future when you can't work anymore.
Yes, saving is not an easy task for someone who doesn't have the motivation and purpose of saving. But for those who have, nothing is impossible to them because what is in their mind and their priority when they have money is to save and spend less. There is no need to learn how to save but what we have to learn is to become persistent on our goal and know how to spend our money wisely because if we can't, saving is somehow difficult and impossible.

[Adams0001]

Been asked a couple of times, what problems does cryptocurrency solve, and what’s its unique value proposition compared to other cryptocurrencies or traditional financial systems.  Would love any other users take on this ..

Bitcoin and other cryptocurrencies solve the problem of value transfer without the use of a third party (such as a bank). It is secure and respectable, and it is not governed by a single entity. It is also resistant to censorship. Nobody, not even organizations, can prevent you from sending cryptocurrency from one wallet to another. And he offers the opportunity to improve financial stability, reduce transaction costs, and increase transaction speed. Don't combine BTC with other crypto currencies because it's the best crypto and you will not have to be concerned about losing money as you would with other Coins. Simply invest in Bitcoin and leave it alone for the long term to reap the benefits, but you must be patient.

[bettercrypto]

Been asked a couple of times, what problems does cryptocurrency solve, and what’s its unique value proposition compared to other cryptocurrencies or traditional financial systems.  Would love any other users take on this ..

That would be depend on the cryptocurrency you buy. Because if you choose the wrong one it wouldn't give help to you obviously. But literally speaking, cryptocurrwncy can really give help to everyone as long as they know how to choose rightly.

Because for I did now here in this industry is that I applied dca, in which is equivalent of saving money in the future, where the only difference is as time goes by the value could possibly increase in the future.

[icalical]

There are a lot of articles about this already, but I really think this one from 2017 is the most relevant. Besides that if you ask me what real problem in my life that's actually solved by Bitcoin (and Crypto) is the way I accept payment from my client. I am a freelance worker and I work with international client, I used to use PayPal, and other similar things that needs few working days to finally arrive in my local bank account, and the fee is quite a lot. With Bitcoin I can receive my payment in less than an hour with much less fee.

[Odusko]

Been asked a couple of times, what problems does cryptocurrency solve, and what’s its unique value proposition compared to other cryptocurrencies or traditional financial systems.  Would love any other users take on this ..

Cryptocurrency as an alternative currency in the global financial system that allows for none third-party participation has solved the problem of trance borders money transfers, take for example it only takes you just a mobile phone or a computer to send and receive money globally and this has been a great issue in the past were international money transfers have been hard in the past and even at present time, sending money through the bank to international destination take time and process.
But with a cryptocurrency like Bitcoin, it will only take you a few seconds to get the same value transferred to a Bitcoin wallet which is a big deal in the present time.

[bayu7adi]

In an instant, what crosses my mind is transparency. Bitcoin and its ledger have remarkably fostered a greater level of financial transparency in the world. Even now, there are still many honest individuals who aspire to ensure that the allocation of funds within companies or governments becomes even more transparent. This endeavor propels a healthier work environment and a more forthright government in the handling of organizational expenditures.

This decentralization concept inspires me to uphold honesty in financial management, particularly within the finance division, which plays a crucial role within an organization.