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Author Topic: The cryptocureency advantages?  (Read 931 times)

Offline Bobcrypto

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The cryptocureency advantages?
« on: July 31, 2018, 03:33:49 PM »
I think that there is no other electronic cash system in which your account isn’t owned by someone else. Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you. It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptpcurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you). I also think there are other advantages to share together.

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The cryptocureency advantages?
« on: July 31, 2018, 03:33:49 PM »

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Offline kent47400

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Re: The cryptocureency advantages?
« Reply #1 on: August 07, 2018, 04:52:02 AM »
indeed it is the advantages and disadvantages of a centralized and non-centralized system.

Paypal: centralized: funds can be accessed at headquarters and can be frozen at any time
Cryptocurrency: not centralized and all assets in the owner's hands, free to transfer at any time without having to report to the head office
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Offline densus88

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Re: The cryptocureency advantages?
« Reply #2 on: August 07, 2018, 04:54:32 AM »
I think that there is no other electronic cash system in which your account isn’t owned by someone else. Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you. It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptpcurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you). I also think there are other advantages to share together.


I think many advantages of crypto currency. It is block chain technology, the best payment method and very profitable.
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Offline Stalky

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Re: The cryptocureency advantages?
« Reply #3 on: August 07, 2018, 05:06:16 AM »
in our opinion, the benefits we get from krypto also really prove to be a reality, because for us it also helps our family, so I krypto also our source of income.
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Offline dekafee79

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Re: The cryptocureency advantages?
« Reply #4 on: August 07, 2018, 05:08:20 AM »
I think that there is no other electronic cash system in which your account isn’t owned by someone else. Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you. It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptpcurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you). I also think there are other advantages to share together.

Crypto currency is the future currency, It is block chain technology, very profitable and good payment method.

Offline pikebu

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Re: The cryptocureency advantages?
« Reply #5 on: August 07, 2018, 05:22:51 AM »
one of many advantages of cryptocurrency is we can protect our whealty because digital coins especially bitcoin and another digital coins which has limit number like expocoins from showmebiz , they are deflations the values in the future will be more expensive than right now, we know that fiat money is inflations nothing use put our whealty in fiat money, so cryptocurrencies is more valueble than fiat money.

Offline The Translator

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Re: The cryptocureency advantages?
« Reply #6 on: August 07, 2018, 09:59:40 AM »
one of the benefits of cryptocurrency now is crypto can be used to transact in several offline stores. as we know, currently crypto can also be used as a payment tool in Starbucks. but maybe, in Indonesia the offline store payment system cannot be used.

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Re: The cryptocureency advantages?
« Reply #6 on: August 07, 2018, 09:59:40 AM »


Offline Nestle

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Re: The cryptocureency advantages?
« Reply #7 on: August 07, 2018, 02:09:14 PM »
Yes, the technology contained in Crypto is very good. This is a change that everyone needs in the future.
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Offline siKING

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Re: The cryptocureency advantages?
« Reply #8 on: August 07, 2018, 02:13:01 PM »
also cryptocurrency is psudeo-anonymous,it's trackable but for some people and in general most people can not do that.
another one is cost effective compared to any other digital payment system,currently it requires at least less than $1 to send our money across the world.
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