Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ayatoslaw on January 16, 2019, 02:48:56 AM
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
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I think there are still many other advantages such as transparency, security and an irreversible transaction database.
Cryptocurrency is great for payment transactions because data security cannot be changed and everything will be stored safely on the blockchain
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Crypto currency has many advantages firstly via payments method transactions security. Easy transactions with low cost or fees. Maximum amount of users based on blockchain technology services.
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I think there are still many other advantages such as transparency, security and an irreversible transaction database.
Cryptocurrency is great for payment transactions because data security cannot be changed and everything will be stored safely on the blockchain
About irreversible transactions, we have an example of Ethereum, that rolled back, the blockchain. This was a move against financial freedom that Satoshi Nakamoto envisioned when he created Bitcoin. We are living a change in cryptocurrency. As ruling comes closer, cryptocurrency has to follow rules that fiat currency has. Those rules created the fiat currency problems, and if we copy them to cryptocurrency, it's only advantage will be the faster transaction times.
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Are you sure about the "there is no manipulation of prices or amounts"?
And yet we read a lot of post or comment about "whales" or "institutional investors" moving the market.
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~snip~ there is no manipulation of prices or amounts. ~snip~
I don't think so. It can be easily manipulated by whales. Price manipulation is a big problem in crypto market now, I am surprised if you said there is no manipulation on price or amount. You need to revise this statement, it's rather contrary to facts.
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Know, Crypto currency has many advantages first through the transaction security payment method. Easy transactions with low costs or costs. The maximum number of users based on blockchain technology services.
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
I agree with your opinion mate, crypto cannot be manipulated by anyone. It is decentralize platform. All user that can be control the crypto. I think.
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I agree with you there are no unlimited coins, there must be a maximum supply, indeed the benefits that can be obtained in cryptocurrency can be for digital asset investment, or as a payment tool, if I personally focus more on digital investment, and with trading I can maximize my assets.
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What is same that Crypto may be a revolution, of course, it is sensible. Crypto may be a issue that a lot of offer result to and additionally a air for existing technologies. so though since last year rated poorly and continued to travel down however can|there'll} be a time wherever everything will go up additional} because of the massive support and more Crypto functions visible for a time within the future.
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Are you in the crypto sphere recently? Your remarks sound so naive that I'm afraid to even imagine your assumptions.
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Crypto currency has more advantages than you can imagine, but people still could not understand and find all features.
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I agree. Besides these 2 advantages, there are still other advantages. Cryptocurrency supported by blockchain technology is one of the technological advancements. Slowly but surely, it will dominate all sectors in our lives
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I support crypto can be used as a transaction tool, but some countries prohibit crypto use, we can hold coins until now and hope crypto can be used as a tool for future transactions
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You merely stated what is already an obvious use of cryptocurrency as and investment and payment; not the advantages. When you say advantage, you refer to the unique features like peer-to-peer/no intermediary
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For me, the cryptocurrency is nothing of itself is good, but the blockchain is the real revolution .
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the problem when using crypto is that many obstacles occur when making transactions. such as error networks, lack of understanding and security. Crypto is currently not popular because of this problem.
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You merely stated what is already an obvious use of cryptocurrency as and investment and payment; not the advantages. When you say advantage, you refer to the unique features like peer-to-peer/no intermediary
In my opinion,I think there are many advantages of cryptocurrency, one of which is cheaper costs in transactions, more efficient and easier to use for all. :)
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In my opinion,I think there are many advantages of cryptocurrency, one of which is cheaper costs in transactions, more efficient and easier to use for all. :)
I'd like to add that unlike fiat money which hass almost nothing to improve, crypto is and will be developing
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What makes you think that manipulation is impossible in crypto-currencies? Personally we quite often observed it.
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There are more advantages in here. As you might guess, transparency and being secure means a lot to the governments and companies. So we will see more and more adoptions on the way.
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agree with you, that indeed in fact the cryptoccurency can indeed benefit us all, besides being able to be used as a payment instrument we can also invest with these coins. But there are things that we must also note that investing in crypto has a very high risk, this is certainly what we must learn to minimize these risks.
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coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
I don't think this is real which we know the it is obvious that there are someone behind who manipulating the coin. Actually, somehow dev are also the responsible of manipulation. Maybe part of business strategy.
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true every coin must have a maximum limit so that prices can be maintained at the lowest value that is not so deep,
for manipulation, I think this point is still doubtful because my view is that many popes play in this matter and this is a big problem in crypto itself
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Cryptocurrency is used solely for the sake of investment opportunities and very fast and cheap transactions.
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The two advantage in cryptocurrency . 1 the security is very tight. 2. It give you time to run other business and more profit.
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I personally do not understand why people see only such advantages in cryptocurrency, because it is a much deeper technology and idea.
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It is a rather doubtful thing, especially if we take into account how Ethereum manipulated the total volume of coins.
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Each cryptocurrencies are different use and different technology.Cryptocurriencies have a very fast transaction and low fees.Some altcoins is increasing the price very fast.So you can easy to earn money in the short term.
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
The real advantage of a cryptocurrency is that you are the sole owner of your money. No one can stole it if you follow a correct behavior.
Meanwhile keep attention on tokens of a project because the circulating tokens can change in the future of MINT option is active into the corrispondent Ethereum conttact.
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Crypto currencies has lot of advantages . 1. No need of central regulations like bank or governments. It gives power in the hand of common man they can do person to person transaction all around the world in seconds without paying hefty charges to bank. 2. You don't need to reveal your identity.
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I think there are still many other advantages such as transparency, security and an irreversible transaction database.
Cryptocurrency is great for payment transactions because data security cannot be changed and everything will be stored safely on the blockchain
you really believe it's so secured?
there are too many cases of wallets hacks.
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You probably took note of the many disadvantages of the cryptocurrency as the advantages, especially how the development of the sector.
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It is true that the use of crypto is an investment and payment transaction. And this is one of the new choices in the investment field and also an alternative to easy payment tools for businesses that move online. With all the ease and speed of transactions.
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Quite a doubtful point, if we take into account the fact that many misunderstand the depth of the blockchain and its range of development.
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Yes these are two of main advantages of crypto in general, however I think that compared to FIAT crypto still has many problems like a poor market capitalization so that big investors can easily manipulate market price and this is very BAD...
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You can manipulate the price not only with the number of coins, but also with the volume of sales/purchases of coins.
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The manipulation in some particular tokens is not an imagination rather it is real. There are big crypto personalities that can invest even half of the tokens which gives them power to control the rebound of the price.
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Maybe now, the cryptocurrency is not really perfect. But I'm sure, for the future. Cryptocurrency will have many advantages, compared to current payment systems. Because, cryptocurrency and blockchain technology are part of the future
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I agree that cryptocurrency can be used as an investment in the future. However, for payment, it is only a few states that allow cryptocurrency used as payment. not all countries. so we cannot use other benefits.
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Cryptocurrency has many advantages we can use cryptocurrency system any time anywhere in that part of the world and we can make largest amount transactions with in seconds there is no third party involved.
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Yes, it is true. Cryptocurrency can be our investment and also become the payment instrument. There are many people around the world utilize cryptocurrency for their investment currently. And in some countries, it also can already be payment instrument for online store, hotel costs, or other purposes.
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So far, the cryptocurrency has some benefits. First is introducing to the people about the high technology in the world.
Second to make us interested in investment and make some profits of it.
Then, trading is also very valuable to earn money as profits.
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You know, if all the advantages were so obvious, people would not invest so much money here) Be clearly.
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I think they are much more than 2. The main problem lies in the narrow focus of the currently formed sphere.
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
I think cryptocurrency has many advantages.. It is decentralize platform, anonymous and secure for investing
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The big advantage is to become our investment. We know that there are a lot of people trying to get profits from investing in cryptocurrency. It is quite new way in digital investment, and also very potential to gain big income.
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If all the popular coins destroyed some of them, it would be even better. Coins would become less-the price is more.
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I think that the main advantage of cryptos is that they all have their own blockade where each transaction is recorded and this makes it impossible for some coin manipulation. Another advantage of cryptos is that you can store them at your computer on wallets, transfer crypto between purses and your friends . you can also trade crypto without any permissions
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
if what you just listed is what you consider as an advantage then you are wrong. Who ever told you that there are no price manipulation? Well I suggest you read up news and do a lot of research to understand things better before you presume things
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I think there are still many other advantages such as transparency, security and an irreversible transaction database.
Cryptocurrency is great for payment transactions because data security cannot be changed and everything will be stored safely on the blockchain
How security can be advantage of crypto?
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I think that the main advantage of cryptos is that they all have their own blockade where each transaction is recorded and this makes it impossible for some coin manipulation. Another advantage of cryptos is that you can store them at your computer on wallets, transfer crypto between purses and your friends . you can also trade crypto without any permissions
Yes. They were made exactly for this reason. To avoid manipulation. They are performing well. Good projects will manage to stand the test of time, and their value will increase, as banks print fiat currency.
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I don't think I will use Bitcoin for payment transactions?
That's because Bitcoin has a high fee for each transaction.
maybe I will use altcoin at a lower cost for transactions.
the ever-changing crypto price also makes me worry when investing a large amount. but this is crypto and nobody knows when we will profit.
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
Yes, I agree with your opinion mate.
the number of coins can not be manipulated by anyone. I believe No one can manipulate the crypto currency.
I think the basic factor is demand and supply.
It is the advantages of cryptocurrency, for investment and payment method.
I believe cryptocurrency will be the future currency.
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~snip~
How security can be advantage of crypto?
I don't know bro. Maybe he has a different view. For me, I am not sure that security is the reason for people to join in crypto space. There are too many hacking cases and manipulation prices. Moreover, volatility makes no guarantee for the rising values on crypto coins at anytime.
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Its can use to transact that is to purchase good and services and it can also serve as a means of investing at the same time
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
Hello friend, there are different between benefits and advantages of cryptocurrency. I think you have just mentioned two benefits of crypto, however there more than two benefits or advantages of cryptocrrency.
Now, these are some of the advantages of cryptocurrency.
1. Transactions
One of the advantages of cryptocurrency transactions is that they are one-to-one affairs, taking place on a peer-to-peer networking structure that makes “cutting out the middle man” a standard practice. This leads to greater clarity in establishing audit trails, less confusion over who should pay what to whom, and greater accountability, in that the two parties involved in a transaction each know who they are.
2.Asset Transfers
cryptocurrency contracts can be designed to add third party approvals, make reference to external facts, or be completed at a specified date or time in the future. And since you as the crypto holder have exclusive governance of your account, this minimizes the time and expense involved in making asset transfers.
3.More Confidential Transactions
Another great advantages of cryptocurrency is that each transaction you make is a unique exchange between two parties, the terms of which may be negotiated and agreed in each case. What’s more, the exchange of information is done on a “push” basis, whereby you can transmit exactly what you wish to send to the recipient – and nothing besides that.
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Has the advantage of been used as money to purchase goods or service in some country it can also be used as a means of investing thereby yielding income
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
I think cryptocurrency has many advantages.. It is decentralize platform, anonymous and secure for investing
I couldn't agree more to that, its not just having dual advantages as said here but the idea was too broad to mention. Being anonymous brought the advantages towards great success when perfect price will be meet.
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Having emerged as a digital alternative to more traditional methods of exchange like cash or credit cards, cryptographic or cryptocurrencies have also generated alternative points of view.
Here are some of the advantages of Cryptocurrency
1. Transactions
One of the advantages of cryptocurrency transactions is that they are one-to-one affairs, taking place on a peer-to-peer networking structure that makes “cutting out the middleman” a standard practice.
2. Asset Transfers
One financial analyst describes the cryptocurrency blockchain as resembling a “large property rights database,” which can on one level be used to execute and enforce two-party contracts on commodities like automobiles or real estate. But the blockchain cryptocurrency ecosystem may also be used to facilitate specialist modes of transfer.
3. Greater Access to Credit
Digital data transfer and the internet are the media facilitating the exchange in cryptocurrencies. So these services are potentially available to anyone who has a viable data connection, some knowledge of the cryptocurrency networks on offer, and ready access to their relevant websites and portals.
4. Strong Security
Once a cryptocurrency transfer has been authorized, it can’t be reversed as in the case of the “charge-back” transactions allowed by credit card companies. This is a hedge against fraud which requires a specific agreement to be made between a buyer and seller regarding refunds in the event of a mistake or returns policy.
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Sometimes the altcoins increase their total supply and also they have hard forks which are I think kind of increasing the amount. If it is meant for a good reason I am okay with it but if it is to manipulate the price it turns into a disadvantage.
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Cryptocurrency has many advantages and one of them which I am using is on time transfer and no middleman. I was using Paypal before and any other online payment that requires a lot of procedures and very hassle just to transfer your funds to another.
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To serve as investment or serve as a means of payment and also serve as a means of giving or compensation to those who engage in bounty campaign
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one of the advantages of entering the crypto business is that it can be done anytime or anywhere. it is not bound by time and place.
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Actually these are the two ways crypto can be used. I do not see that as an advantage because these two are not additional functions.
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Cryptocurrency does have advantages over ordinary currencies or from other investment tools. With the openness of data we can see and monitor all transactions carried out by each Cryptocurrency user. And the most fun is the price of Cryptocurrency which can increase very high in a fast time, and this can make investors rich. But behind the advantages, of course Cryptocurrency has shortcomings, one of which is that the security of assets that we have must be our own, and if there is a loss we cannot report it to the police.
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I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
Yes, you're right! And because it's decentralized It can't inflated or deflated due to the choices of government. Cryptocurrebcy is not just made because of investment its made to make us more convenient and make us get low transaction fees comparecto other digital payments.
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completely agree.
I would point the third advantage as well - keeping coin.
It can also bring some profit.
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They are the basic function in creating crypto coins. They will be used for payment tools and for investment also. All crypto users should know about this because so far those are the main functions of cryptocurrency.
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I agree with you on the benefits but there are even more when you look at this as new businesses based on Cryptocurrencies are springing up with lot of benefits to its locality
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And about the volatile prices, the cryptocurrency is right enough for trading. Trading is also another advantage of crypto with high profits if we know how to make the right strategy.
Besides, this is also the rise of technology that leads to the development of technology in the world.
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it is true of everything you say, and it is a very profitable advantage for those who have cryptocurrency, because I strongly believe that both advantages are very useful for cryptocurrency users.
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one of the advantages of entering the crypto business is that it can be done anytime or anywhere. it is not bound by time and place.
Yes, cryptocurrency offers financial freedom, that you control your money, and location freedom, as it is available everywhere internet is available.
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Yes cant agree more. Crypto Will be the future of Payment. Those who didnt believe in the early stage of cryptocurrency will be the one who will regret later. Cryptocurrency will solved most of the problems we are facing in the financial world.
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The advantage can be different phase, which can be a means of selling and a means of working by engaging in bounty campaign and the likes for reward like token, coin etc.
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Cryptocurrencies have much more advantages. The advantages of the named author can also be supplemented by the lack of borders for transfers, transparency, independent management of your funds and your cryptocurrency wallet nobody can block or freeze.
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I see Crypto as an investment. if as a means of payment it is only a crypto feature. I enjoy the weaknesses and advantages of crypto.