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ADVANTAGES OF CRYPTOCURRENCY

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1 hour ago, FaithJoy06 said:

Bitcoin has so many advantages. In bitcoin someone can gain and earn so much money. Someone can make their time and effort productive. Someone can be very productive and effective in their time and effort. They will be able to enjoy their time with their family while gaining and earning so much money.

The advantages of cryptocurrency is that it can be a way on making money and earning it. Through cryptocurrency someone can gain and earn so much momey and someone can make their time and effort productive. Through crypto you can make money while enjoying with your family and friends.

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You can earn and invest money, just using social medias. Cryptocurrencies is like an digital money. And somehow it is an online transactions that you can use anywhere even at your house you just need to have some Internet. 

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Crypto currency is a blessing for future currency. There are no governmental control on it rather the holder has on his own currencies. It's very faster to transfer. We can buy and sell products besides physical currency. That's the good advantage.


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The advantages of using cryptocurrencies instead of fiat money are beyond description. We can send million dollars without any tax in any corner of the world anonymously here.Also there are more assum features in crypto


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On 10/30/2019 at 1:20 PM, mkashif007 said:

Since the inception of crypto currencies, many has given their points of view in favor and in against the use of these currencies. It is regarded as a financial means of trading between the partners to reduce time, cost and enhance security and secrecy of a transaction. Few regard it as a means to support ransom ware activities, terrorism and many illegal
transaction as there is no third party involvement and there is no data available for the others to have a look at.

Here we are going to know about the advantages of crypto currency:

Transactions
One of the primary advantage of crypto currency is that only participants are involved in this transactions no other third party I involved and thus cutting down the external
authority control over the approvals and transactions. In short it cuts down the long chain of middle men involved in the transactions. This helps in establishing a clear record of
audit trails, Rear confusion between the payer and payee, and higher accountability between the transacting parties.

Asset Transfers
Crypto currency reduces the channels involved thus, making the ultimate owner a legitimate person to transfer the assets without taking the approval from anybody else
which enhances the transaction process and reduces the time, cost involved in the transaction and making it to reach the specified person on specified time.

More Confidential Transactions
As crypto currency involves no other third authority so it also minimizes the load of having multiple database of the parties and thus maintains the secrecy of the account holder, which is not possible in case of bank /cash/card payments. Where one has to release all the cheques or other accounting details to the bank for making a transaction.

Transaction Fees
Transaction fee is not applied in ccryptocurrency transfer. Generally the number crunching companies which generate the BITCOINS do not apply any fee for transacting and money.

Greater Access to Credit

Today everyone has the excess to the digital world and many companies are providing easy access to the Digital data transfer .with the help of .internet .facilitating the exchange in crypto currencies. Making it easier for anyone to become a potential buyer or seller for crypto currency using these websites. and portals..

Easier International Trade
Cryptocurrecy are regarded as the unrecognized means of legal tender on national levels at present, crypto currencies by their very nature do not involve the exchange  rates,Interset rates, transaction fee, levied by the specific country..

Individual Ownership
The most important advantage of crypto currency is that unless you give the authority to the third person you remain the sole Owner of your Wallet for holding the private and public keys that make up the owners networks identity or address.

Adaptability
There are currently over 1200 unique crypto currencies in circulation worldwide. Many are quite ephemeral, but a significant proportion has been generated for the specific use  that describe the flexibility of the crypto currency phenomenon.

Strong Security
Since the Crypto currency has two keys which are operated by the owner thus ig t ensures higher security.

As i see crypto advantages through my few years experience the crypto is great  field where i have made profit with coins and trading.I have save money mine by not investing it in banking interest system.As i was thinking.It made me realise that i can travel around the world with holding my credit cards and bank account check books.I want it to grow more.

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There are so many advantages of crypto currency like invest minimum in different coins and when they will give you profit you got high on that coins and another thing that any time you can buy and sell the coins in any exchange if that coin is exist. Crypto is a free use market means we can use it at any time.


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On 10/30/2019 at 4:20 PM, mkashif007 said:

Since the inception of crypto currencies, many has given their points of view in favor and in against the use of these currencies. It is regarded as a financial means of trading between the partners to reduce time, cost and enhance security and secrecy of a transaction. Few regard it as a means to support ransom ware activities, terrorism and many illegal
transaction as there is no third party involvement and there is no data available for the others to have a look at.

Here we are going to know about the advantages of crypto currency:

Transactions
One of the primary advantage of crypto currency is that only participants are involved in this transactions no other third party I involved and thus cutting down the external
authority control over the approvals and transactions. In short it cuts down the long chain of middle men involved in the transactions. This helps in establishing a clear record of
audit trails, Rear confusion between the payer and payee, and higher accountability between the transacting parties.

Asset Transfers
Crypto currency reduces the channels involved thus, making the ultimate owner a legitimate person to transfer the assets without taking the approval from anybody else
which enhances the transaction process and reduces the time, cost involved in the transaction and making it to reach the specified person on specified time.

More Confidential Transactions
As crypto currency involves no other third authority so it also minimizes the load of having multiple database of the parties and thus maintains the secrecy of the account holder, which is not possible in case of bank /cash/card payments. Where one has to release all the cheques or other accounting details to the bank for making a transaction.

Transaction Fees
Transaction fee is not applied in ccryptocurrency transfer. Generally the number crunching companies which generate the BITCOINS do not apply any fee for transacting and money.

Greater Access to Credit

Today everyone has the excess to the digital world and many companies are providing easy access to the Digital data transfer .with the help of .internet .facilitating the exchange in crypto currencies. Making it easier for anyone to become a potential buyer or seller for crypto currency using these websites. and portals..

Easier International Trade
Cryptocurrecy are regarded as the unrecognized means of legal tender on national levels at present, crypto currencies by their very nature do not involve the exchange  rates,Interset rates, transaction fee, levied by the specific country..

Individual Ownership
The most important advantage of crypto currency is that unless you give the authority to the third person you remain the sole Owner of your Wallet for holding the private and public keys that make up the owners networks identity or address.

Adaptability
There are currently over 1200 unique crypto currencies in circulation worldwide. Many are quite ephemeral, but a significant proportion has been generated for the specific use  that describe the flexibility of the crypto currency phenomenon.

Strong Security
Since the Crypto currency has two keys which are operated by the owner thus ig t ensures higher security.

Yes, it speeds up the transaction of the cryptocoin. I agree to everything you mentioned. It has a strong secturity and if you lose your cryptocoin, it's maybe you are not careful, maybe you fall for a trap, trusted a friend or a site, not double checking the wallet address. I still do not know why they always send it to wrong address eventhough they are just doing copy paste? Well, unless it's on different device.

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when making a transaction, we don't need to leave the house and we can do it at home and also quickly. Making a wallet is also easy, no need for a credit card. crypto value if we hodl its assets can also go up later.

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Therr has an big advantage of bitcoin in the real money, the number one advantage of it is being taxless in terms of payments and transactions, you will be sent a money oine without deductions of it therefore many people are using this cryptocurrencies.

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On 10/30/2019 at 4:20 PM, mkashif007 said:

Since the inception of crypto currencies, many has given their points of view in favor and in against the use of these currencies. It is regarded as a financial means of trading between the partners to reduce time, cost and enhance security and secrecy of a transaction. Few regard it as a means to support ransom ware activities, terrorism and many illegal
transaction as there is no third party involvement and there is no data available for the others to have a look at.

Here we are going to know about the advantages of crypto currency:

Transactions
One of the primary advantage of crypto currency is that only participants are involved in this transactions no other third party I involved and thus cutting down the external
authority control over the approvals and transactions. In short it cuts down the long chain of middle men involved in the transactions. This helps in establishing a clear record of
audit trails, Rear confusion between the payer and payee, and higher accountability between the transacting parties.

Asset Transfers
Crypto currency reduces the channels involved thus, making the ultimate owner a legitimate person to transfer the assets without taking the approval from anybody else
which enhances the transaction process and reduces the time, cost involved in the transaction and making it to reach the specified person on specified time.

More Confidential Transactions
As crypto currency involves no other third authority so it also minimizes the load of having multiple database of the parties and thus maintains the secrecy of the account holder, which is not possible in case of bank /cash/card payments. Where one has to release all the cheques or other accounting details to the bank for making a transaction.

Transaction Fees
Transaction fee is not applied in ccryptocurrency transfer. Generally the number crunching companies which generate the BITCOINS do not apply any fee for transacting and money.

Greater Access to Credit

Today everyone has the excess to the digital world and many companies are providing easy access to the Digital data transfer .with the help of .internet .facilitating the exchange in crypto currencies. Making it easier for anyone to become a potential buyer or seller for crypto currency using these websites. and portals..

Easier International Trade
Cryptocurrecy are regarded as the unrecognized means of legal tender on national levels at present, crypto currencies by their very nature do not involve the exchange  rates,Interset rates, transaction fee, levied by the specific country..

Individual Ownership
The most important advantage of crypto currency is that unless you give the authority to the third person you remain the sole Owner of your Wallet for holding the private and public keys that make up the owners networks identity or address.

Adaptability
There are currently over 1200 unique crypto currencies in circulation worldwide. Many are quite ephemeral, but a significant proportion has been generated for the specific use  that describe the flexibility of the crypto currency phenomenon.

Strong Security
Since the Crypto currency has two keys which are operated by the owner thus ig t ensures higher security.

That's right! Crypto for me is better than banks. In addition, it is convenient. With just your device, you can use crypto.

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There's a lot of advantages of cryptocurrency, cryptocurrencies is worth it, we should highly recommend it to any body also because it is trusted. We can earn money in easy way. And that's what we need specially to a student like me. 

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Cryptocurrency is an intangible asset (commodity) that is easily traded on an exchange, also used as an investment because of fluctuating prices. These two strong reasons are why so many people spend their time on crypto that is used as a source of income.

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Anonymous transaction in cryptocurrency , you could send anywhere in the world easily , secure in many ways , and value depends in supply and demand in the market.

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On 10/30/2019 at 11:20 AM, mkashif007 said:

Strong Security
Since the Crypto currency has two keys which are operated by the owner thus ig t ensures higher security.

That's why the only place hackers can get you is on exchange site where you do not won any key, but the site owns it for you.

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3 hours ago, Shahadatbd said:

If you discuss all day about BTC and crypto advantage then we can't complete the discussions about advantage. Because BTC and crypto is now using all over the world as a fiat currency.

Its a blessing that we reached a point in crypto journey where we can't even count the amount of advantage of crypto and now we also see crypto being accepted for hotel bookings and also car purchase and maintenance. 

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On 10/30/2019 at 1:20 PM, mkashif007 said:

Since the inception of crypto currencies, many has given their points of view in favor and in against the use of these currencies. It is regarded as a financial means of trading between the partners to reduce time, cost and enhance security and secrecy of a transaction. Few regard it as a means to support ransom ware activities, terrorism and many illegal
transaction as there is no third party involvement and there is no data available for the others to have a look at.

Here we are going to know about the advantages of crypto currency:

Transactions
One of the primary advantage of crypto currency is that only participants are involved in this transactions no other third party I involved and thus cutting down the external
authority control over the approvals and transactions. In short it cuts down the long chain of middle men involved in the transactions. This helps in establishing a clear record of
audit trails, Rear confusion between the payer and payee, and higher accountability between the transacting parties.

Asset Transfers
Crypto currency reduces the channels involved thus, making the ultimate owner a legitimate person to transfer the assets without taking the approval from anybody else
which enhances the transaction process and reduces the time, cost involved in the transaction and making it to reach the specified person on specified time.

More Confidential Transactions
As crypto currency involves no other third authority so it also minimizes the load of having multiple database of the parties and thus maintains the secrecy of the account holder, which is not possible in case of bank /cash/card payments. Where one has to release all the cheques or other accounting details to the bank for making a transaction.

Transaction Fees
Transaction fee is not applied in ccryptocurrency transfer. Generally the number crunching companies which generate the BITCOINS do not apply any fee for transacting and money.

Greater Access to Credit

Today everyone has the excess to the digital world and many companies are providing easy access to the Digital data transfer .with the help of .internet .facilitating the exchange in crypto currencies. Making it easier for anyone to become a potential buyer or seller for crypto currency using these websites. and portals..

Easier International Trade
Cryptocurrecy are regarded as the unrecognized means of legal tender on national levels at present, crypto currencies by their very nature do not involve the exchange  rates,Interset rates, transaction fee, levied by the specific country..

Individual Ownership
The most important advantage of crypto currency is that unless you give the authority to the third person you remain the sole Owner of your Wallet for holding the private and public keys that make up the owners networks identity or address.

Adaptability
There are currently over 1200 unique crypto currencies in circulation worldwide. Many are quite ephemeral, but a significant proportion has been generated for the specific use  that describe the flexibility of the crypto currency phenomenon.

Strong Security
Since the Crypto currency has two keys which are operated by the owner thus ig t ensures higher security.

There are so many advantages of crypto currencies, we can easily send it from one person to another and also our accounts are safe and secure. No one know how much money we have in our wallet and which person will get it there is no record. Crypto sending is so much fast and secure.


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I agree that there are many advantages of crypto-currencies. No transaction costs and fast transfer are the great advantages of crypto-currencies.

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The advantage of cryptocurrencies is they are the third part of making income for the people who are still jobless or those who need extra money.

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I am sure that there are other advantages of cryptocurrency that we don't know and it will appear to us in the future. I think there are still many hidden advantages and we don't have to search for it for now. All we need to do is keep using cryptocurrency, we can help to spread cryptocurrency in many places, so many people will get the advantages while they can help spread to their friends like what we did. The most advantages of cryptocurrency will be about the anonymous of the owner because we don't verify it into any parties if we don't want.

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Yes, the advantages of cryptocurrency makes it better than physical currency, it has a lot of benifits and it makes more convinient than the others.

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Your topic includes each and every advantage of cryptocurrencies. Another fact is it can remove poverty since its price is so high. If people start to earn it via mining or doing tasks then they can remove poverty from their family.

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Cryptocurrencies are full of advantages, but the only thing I found on the disadvantage issue is there's no way to reverse the transaction, once it's sent and in pending queue there's no way to stop it or to cancel it.


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