6 Reasons Why You Should Use Cryptocurrency.

[Paglamon]

1. Digital Money Is Much Safer:
If you talk about the traditional digital payments, you need to own a credit or debit card in order to transfer your money. Here comes the role of third party i.e. bank. You have no option but to provide your sensitive financial information to them. But why take the risk when you have a better choice to go with? You don’t need the involvement of any third party as cryptocurrency is based on the decentralized blockchain.

2.Decentralization
As mentioned above cryptocurrency is not controlled by any central authority or association. There are only two parties that are involved in the entire mechanism, and that is the seller and the buyer. It is what makes it far more safe and secure than any other payment option and one of the major reason why you should use cryptocurrency over cash. Unlike Fiat currencies that are controlled by government banks and centralized authorities, cryptocurrency is not controlled by anyone except the owner. Hence the fear that your money will be devalued or inflated is gone.

3.Quick Transactions
Cryptocurrency is all about blockchain technology. Many companies are working on the same field to make crypto transactions more smooth and convenient. Cryptocurrencies let you transfer money anywhere in the world within a few seconds. It is believed that blockchain will facilitate cross-border payment by making the process less time consuming and costly. Although Bitcoin is still leading the race, every crypto is good in its own way.

4.Privacy and Security
Although, crypto transactions are publicly visible there are many cryptocurrencies like Dash that are offering private send features. Such cryptocurrencies promise you complete invisibility of data, which means your private details will not be revealed at any cost. Moreover, crypto transactions are immutable which means once processed there’s no way to revert it.

5.Portability
Bitcoin cannot be destroyed or defiled, unlike traditional
currencies. Cryptocurrencies can be transferred from one corner to another corner of the world. Investors all over the world are trading crypto consistently. The varieties and types of cryptocurrencies are increasing and enhancing at the same time. In the last 4 years, the progress is unbelievably unmatched. People are realizing it at a slow pace that cryptocurrency has far more benefits than the fiat currency.

6. Less Transaction Fee:
Compared with the paper currency the cost of accessing transactions is cheaper with cryptocurrencies.

[ShadowCrypto]

Also, Bitcoin is expected to eventually reach gold and silver in terms of its relationship between stock and flow, potentially driving its price much higher.

[Jaguar]

Few disadvantages but treated as major such as vulnerable, volatile, and decentralized. The government fear about those things that could drastically affect the government fund once legally adopt cryptocurrency trend. By the way in other advance countries cryptocurrency is legal.

[masterrex]

That was shortlisted 6 major reasons for using cryptocurrency and there's no question about that crypto capability. But not all people can use cryptocurrency in that way. Because sending any cryptocurrency into different addresses was hard for others like senior citizens and it takes time to adopt it because it's complicated. thats why it is better to build an alternative and more easy way to send cryptocurrency anywhere without using those complicated wallet address. Instead, it's easier to send cryptocurrency when you did it just like sending an SMS messages.

[Pegasus]

1. Digital Money Is Much Safer:

You were wrong at the first place. Cryptocurrencies are not digital money. The recent China's crypto yuan is an example of digital money. It's totally centralized.

5.Portability

Useing cryptocurrency is not investing in cryptocurrency. It's fine if you invest and aim for profit. In that case, cryptocurrency is a kind of goods. But if you use, you utilize its nature. Profit is not the purpose anymore.

[zendicator]

I agree with this. In my experience, i can pay or semd money to my loved ones or to my bank account almost instantly woth very low fees plus it is very convenient to use since you only need internet and you can create a transaction in less than a minute.

[ShadowCrypto]

Unlike other currencies, there is no mediation by third parties, but the principle is the same: to enable exchanges between services and goods.

[Octoalts]

Cryptocurrency does have many advantages when compared to Fiat, but that does not mean Bitcoin has no shortcomings.  Lack of Bitcoin is the price that can go down quickly which can cause a decrease in the value of our assets.  My presence here is because I want to make a profit, where Bitcoin has investment value and can be traded, so I take advantage of it.

[tonymillions84]

The idea of digital currency has ushered in a modern financial world where payment of services can be conducted within mins. this give birth to a new age. A new paradigm of life where cashless policy is the way forward. this will create a platform for the unbanked and also allow a decentralized platform for everyone.

[Ambu]

Cryptocurrency tradings is better than stock and other market tradings , cryptocurrency is decentralized so no need to give kyc for tradings withdraw and transactions my opinion cryptocurrency trading is better than government approved legalized platforms.

[hushpupppy]

Good exemplary details and explained, but still digital money or crypto currency is not yet save. There are ponzis that proof that claim wrong.
That aside, until all countries accept crypto currency as means of exchange for goods and services; it is still unsafe.

What happens when all btc are mineD?

[Confero]

At present in my country I have not legalized Cryptocurrency as a legal currency, even the government has forbidden using Cryptocurrency as a means of payment or transaction. Therefore, the reason I am currently here is because I can benefit from Cryptocurrency. Starting from the investment and trade results Crypto. 
But it is true that explained above, in general, Cryptocurrency has many advantages when compared with Fiat or ordinary currencies.

[carcas]

The thing I like to use crypto and invest in crypto. I see a good reason to make me more interested and want to get to know crypto better. Another reason I'm interested is that crypto is easy to make money

[Cryptoz]

As known, nowadays, blockchain technology has developed so well for mamy sectors. And why should be cryptocurrency? There is nothing to do. Crypto asset is digital aaset in which you can sell and buy for worthy coins.  I believe that crypto can change the world to be such a develpment. In this case, crypto is a promising saving for our life in the futurwe

[UNIVERSE]

Unlike other currencies, there is no mediation by third parties,

Indeed. That's the meaning of decentralization. There is no need for the third parties, crypto is decentralized. So, crypto users don't waste money on the third parties. It is like what Satoshi ever wrote on the whitepaper of Bitcoin. You know the third parties really take big advantages from us.