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Author Topic: 6 Reasons Why You Should Use Cryptocurrency.  (Read 9422 times)

Offline Lillian

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #30 on: August 09, 2020, 12:27:17 PM »
In a conventional banking system, you must trust everyone who manages your money here is the bank. You may have to trust a third-party payment processor. You will often have to trust the people you deal with. And these organizations all ask for important information from you. Because cryptocurrencies are completely decentralized, you don't need to trust anyone. When you do a transaction, it's a kind of digital signature, and secure.

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #30 on: August 09, 2020, 12:27:17 PM »

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Offline Naimah

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #31 on: August 09, 2020, 03:57:35 PM »
You can receive money from any country around the globe. What's more, you don't even need to open a traditional bank account to store them

Offline JackConnor

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #32 on: August 09, 2020, 05:11:24 PM »
Using stable cryptocurrencies as a payment instrument gives sellers all the advantages of cryptocurrencies without the risk of volatility inherent in currencies with floating rates.

Offline ThomaJoe

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #33 on: August 09, 2020, 05:42:47 PM »
Cryptocurrency was created to solve the aforementioned problems with the belief that a preeminent currency that is not controlled by any organization, has zero inflation and transaction fees globally. break the dominance of the banking world as well as change the entire current financial system

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #34 on: September 04, 2020, 07:45:39 AM »
Bitcoin prices often fluctuate up and down that we are difficult to predict. This is similar to the stock market ups and downs. This makes it very easy to lose money

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #35 on: September 04, 2020, 09:16:34 AM »
You should include the making money in cryptocurreny because that's my reason why I'm here in crypto space just trading and investing to make money with it.

Offline Nboramir

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #36 on: September 04, 2020, 10:17:18 AM »
Considering international bank transaction fees and speeds, there seems to be no need to look for another reason.

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #36 on: September 04, 2020, 10:17:18 AM »


Offline Riya143

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #37 on: September 04, 2020, 02:15:31 PM »
The means of sending cryptocurrency will be much easier. If it is possible to send cryptocurrency via SMS. Then it will be much easier. Then cryptocurrency users will benefit. The contract is approved for any purpose. Then the banks of those countries are cautious about the currency. Because no one knows any information about their currencies. Such changes are definitely good and if no one knows the security, that is, no one will get any information about it except the user who will use the crypto wallet. Then of course everyone will use this crypto wallet. Everyone will enjoy using it.
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Offline gourav787

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #38 on: September 04, 2020, 02:39:14 PM »
Truly mate , their is a lot of benefit if we used Crypto currency . We can easily make huge transcation without paying any large fee's ( as compared to bank accounts ) . We also have opportunity to makes some profit through trading and other activities .
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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #39 on: September 04, 2020, 03:31:21 PM »
Thank you very much for writing such a descriptive post. The mentioned 6 reasons are very much responsible for using cryptocurrency. But I use cryptocurrency mainly for Security and Portability.

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #40 on: September 04, 2020, 04:07:17 PM »
I'm sure cryptocurrency will become great in due time when everybody stand for crypto currency. Things now might change tomorrow morning if every government will adopt the system of cryptocurrency. Though it is really risky for the country to support such volatile market. But the benefits of cryptocurrency's really great.
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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #41 on: September 04, 2020, 05:20:40 PM »
Cryptocurrency is indeed having a lot of benefit for us, it's opened opportunity for people around the world for having a better life. With crypto, you can transfer money around the world with transparent, cheaper, and faster than using bank.

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #42 on: September 04, 2020, 05:26:23 PM »
The biggest advantage is the feelingbof being truly borderless, no restrictions, you can send money to anyone, anywhere in the world which was never thought of before crypto.

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Re: 6 Reasons Why You Should Use Cryptocurrency.
« Reply #43 on: September 04, 2020, 05:34:25 PM »
Crypto has advantages in many ways and there are also disadvantages. So we just need to find a way to minimize the disadvantages and if we succeed then crypto will be the mainstream of financial sectors. I know it will happen in the future and paper cash will be removed but it takes time. And there are many reasons why we should adapt cryptocurrency.
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