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Author Topic: BENEFITS OF CRYPTOCURRENCY?  (Read 15086 times)

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Re: BENEFITS OF CRYPTOCURRENCY?
« Reply #105 on: August 21, 2024, 03:37:38 PM »
Moreover, forums like this one and Bitcointalk are also sources of income for many of us because some of us depends on our earnings in these fourums to survive due to lack of white colar jobs after finishing our degrees from colleges and universities.

This is the most suitable answer in the forum. When someone asks such a question forum and they can already see that it's possible to make money from the forum, this is a good example. I have been on the forum since 2022 and accumulated a good amount of Bitcoin from which I have started a business already and spent $5K there. That was possible because I have been holding my Bitcoin from the beginning and it paid off during the pre-bull run.

I know a lot of people making money online because of the crypto currency exist. A lotof telegram channel owners making money through airdrops and their channels monetization as well. People doing trading, product buy/sell, marketing and a lot more. The market is expanding more day by day and more opportunities are coming.
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Re: BENEFITS OF CRYPTOCURRENCY?
« Reply #105 on: August 21, 2024, 03:37:38 PM »

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Re: BENEFITS OF CRYPTOCURRENCY?
« Reply #106 on: August 27, 2024, 09:48:50 PM »
Cryptocurrency has huge benefited there has no doubt. We know huge people already involved in cryptocurrency market. Even cryptocurrency is main occupation for huge people. Many people takes crypto as main earning source. I am with crypto-currency from 2016 and still now i am involved with crypto-currency. And regularly i am getting profit from here.

I think within short time All will normal. And we are very upset For Telegram CEO Pavel Durov. He has been arrest 2/3 days. I think he will release within short  time.
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Re: BENEFITS OF CRYPTOCURRENCY?
« Reply #106 on: August 27, 2024, 09:48:50 PM »

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Re: BENEFITS OF CRYPTOCURRENCY?
« Reply #107 on: August 31, 2024, 11:00:02 PM »
thanks to crypto for helping us run our digital transactions anonymously in the comfort of our homes without government or third-party interference
And this is the reason why the banks and government authorities are strongly against crypto transactions because they usually have their benefits from international transactions, but since we don't need them anymore to initiate these sorts of transactions, they no longer benefit anything from us because we can now send money to other countries without the banks or government authorizing these transactions.
The government and banks are against crypto, but still yet crypto is taking home victory at the end of it all. People are beginning to have stronger trust and belief in crypto than the banks and government, who want our finances to be under their power to do whatever they please at any time.

Thank goodness people are wising up not to give the banks and government the upper hand to control and monitor the way they get and spend their money. It's no longer third-party involvement or a question of how you make your money. It's about being anonymous, making transactions to any part of the world in the comfort of your home without anyone knowing your financial worth

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Re: BENEFITS OF CRYPTOCURRENCY?
« Reply #108 on: August 31, 2024, 11:30:27 PM »
The government and banks are against crypto, but still yet crypto is taking home victory at the end of it all. People are beginning to have stronger trust and belief in crypto than the banks and government, who want our finances to be under their power to do whatever they please at any time.

Thank goodness people are wising up not to give the banks and government the upper hand to control and monitor the way they get and spend their money. It's no longer third-party involvement or a question of how you make your money. It's about being anonymous, making transactions to any part of the world in the comfort of your home without anyone knowing your financial worth
Crypto is indeed a financial Messiah, (as I'll always call it) and many people are opting to it as a primary means of storing and distributing finance and it has indeed proven to be quite a much preferable option, compared to the traditional banking system,  because it doesn't only give a convenient and cheap way to transact both within and across borders,  it also gives the individuals freedom. Freedom over their wealth, freedom of how to spend their money and when to spend their money without the interference of any third-party.
And yeah, the government and banks doesn't like this whole thing at all because they're already used to helping individuals make certain decisions concerning their money and in turn they have their way by which they also benefit from this.

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Re: BENEFITS OF CRYPTOCURRENCY?
« Reply #109 on: August 31, 2024, 11:57:52 PM »
The government and banks are against crypto, but still yet crypto is taking home victory at the end of it all. People are beginning to have stronger trust and belief in crypto than the banks and government, who want our finances to be under their power to do whatever they please at any time.

Thank goodness people are wising up not to give the banks and government the upper hand to control and monitor the way they get and spend their money. It's no longer third-party involvement or a question of how you make your money. It's about being anonymous, making transactions to any part of the world in the comfort of your home without anyone knowing your financial worth

We all have our angle of explaining how beneficial crypto is to each and everyone of us. Like I shared in a recent reply, we all are born into a society where we don't choose the kind of money we use, but the money chooses us. It's like a limitation in form of a financial constraints that tends to set a limit for those who are not in control, i.e you and I. I don't really have a thing for making transactions anonymous, as far as I can see my entire balance, have access to it, and make unlimited transactions to every country without restriction, then I am fine. morever, I am not doing anything illegal. Why even use a physical bank, when I can be my own bank.

But the other thing is that, lot of people are not paying attention, but choose to endure the financial constraints been set by the banking system. Even in this modern age of technology availability, people still overlook the benefits of cryptocurrency aside profit wise ( i.e they overlook the benefits of cryptocurrency like the one I mentioned from my own opinion).

And lastly, from the way cryptocurrency adoption is growing, I have this feeling that banking institutions and government will end up blending into the system, because from the look of things, this adoption can't be stopped.
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Re: BENEFITS OF CRYPTOCURRENCY?
« Reply #110 on: December 24, 2024, 06:04:54 PM »
The government and banks are against crypto, but still yet crypto is taking home victory at the end of it all. People are beginning to have stronger trust and belief in crypto than the banks and government, who want our finances to be under their power to do whatever they please at any time.

Thank goodness people are wising up not to give the banks and government the upper hand to control and monitor the way they get and spend their money. It's no longer third-party involvement or a question of how you make your money. It's about being anonymous, making transactions to any part of the world in the comfort of your home without anyone knowing your financial worth
Some people have lost interest in saving their money in banks and instead prefer investing, trading, and holding cryptocurrencies. This is because cryptocurrencies provide a safe, transparent, and convenient way to make transactions. With an internet connection, anyone can use cryptocurrencies from anywhere, eliminating the need for physical travel or transportation. Transactions are fast, affordable, and the sweetest part about cryptocurrency is the fact that users have the power and control over their money. It is a good thing that cryptocurrency is decentralized. 

However, the growing adoption of cryptocurrency may concern governments, as a shift away from traditional banking systems could impact their revenue streams. some governments won't feel good about the existence of cryptocurrencies, because If the world becomes increasingly reliant on cryptocurrency, banks may lose customers, and governments might struggle to collect revenue. This could lead to a decrease in government employment opportunities and a shift towards self-employment and entrepreneurship.
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