Why are cryptocurrencies so relevant now?

[Virgil dijk 1431]

Cryptocurrencies was created for fast and anonymous transactions, and also most people use it as source of income , and this makes it so important because many use it to sustain thier selves and it has also change the life of many people.

[Rezort 846]

For some reason, I think that many countries and people underestimate how cryptocurrencies can influence the way that world is developing and improving, it can make a lot of the operations easier.

[CryptoLover21 0]

We use cryptocurrency for safe transaction because many people get suffer from banking transaction and government's tax system. So people believe on cryptocurrency which makes their earning safe from any tax cost.

[yuwira 0]

purpose why cryptocurrency turned into created and currently plenty are taking advantage of this error of era through investments and it also makes it smooth to transact online consequently, I conclude that this became made to make people's lives simpler and not anything evil approximately it.

[Iriswolfgang 200]

On 11/21/2019 at 8:09 AM, AL SHAIMON said:

Cryptocurrency created becasue of first and safe transection. People can not believe in bank. As a result they are looking for new trading system. Bitcoin was discover. Now people can use it easily.   

In this time of need cryptocurrency is proving their strengths that they can function while in the middle of a crisis and they are sure that they can help people in need and they can still donate into charities that need help in the world so crytpo is being relevant because of that

[Zalaks007 543]

Because it is more secure and safer than fiat when it comes to transactions, and also because it is a decentralized currency that means it can be send to anyone anywhere in the world untraceable. 

[Laboni 755]

The reason cryptocurrency is relevant is that it is out of anyone's control Everyone is willing to do as everyone wishes It maintains a lot of security when it comes to transactions anywhere in the world. Blockchain technology is trying to improve crypto.

[Omar Ommeish 4872]

On 11/21/2019 at 12:51 PM, TimopheyKa said:

I think that cryptocurrencies are relevant now because of their capabilities, you can transfer large amounts without problems with the Bank, use in various fields, raise big money on trading and much more! It's very cool

Yes you are right and in addition to that the most important thing in cryptocurrencies is that you can trade through them and earn more profits.

[koussai999 1986]

Thank you my friend, I think that bitcoin is really a new lifestyle and introduces millions of new things, but in return I think that not all of the information in the article is completely correct.

[Moaz 7239]

I think that the cryptocurrency was created after the global economic crisis in a year 2008 that rocked governments and international banks, after this crisis there was a need for a new global economic system that is not under the control of banks, and in 2009 Bitcoin was invented which proved its strength during these years and one of its most important features It is decentralization

[DDermf 14]

I believe that cryptocurrencies are so popular now because users want independence from the state and companies, and cryptocurrencies are decentralized

[d1msolino 24]

During COVID period, they have become the competitor agains FIAT currency, as they showed all analytics fabulous profit rates.

[mohamed mahrous 1]

Because it depends on one basis, it is close, so the idea of difference comes according to the strength of the project, the work team and the good promotion of the currency

 

 

 

 

[Joseunda 35]

Its has always been a tough competitor to FIAT curriencies and in this pandemies it has remained strong

[khan22 3478]

Now at this time market is not going to be high but in future i hope that market will touch the sky and that time i hope that we can make good profit and this is so much good business than the other businesses.

[bogdanoff 3173]

The Bitcoin graph is a lot better today and reached above 19k for first time in years moving to a new all time high too. Bitcoin is extremely powerful as asset and there have been many discussing cryptocurrncies in a bad way but silently they were buying. This is a big reason to think something is going on.

[yonkii 3205]

On 11/20/2019 at 9:39 PM, Slavish said:

Cryptocurrency is the future of humanity, which will soon replace the usual concepts of man.

I think that this form of money with Bitcoin on top of the rest will be adopted and increased in use in the next decade, this is why I joined the crypto world even just lately. I don't know if the previous fiat currencies will be replaced completely I think this will mean a separation of money and the state that will perhaps create a new revolution in finance and better terms for global commerce and more peace in the world as well. With commerce and trade comes better relations.

[Mella 3680]

Cryptocurrencies are relevant for many reasons. I am think first above all they are become recognized for the best money that can be used, have technology based on blockchain and security and is completely organized. Bitcoin is decentralized and everyone in it wants it like that and protects decentralization. It has consensus that means rules that are followed are these and nothing else and has consensus on decisions. I am know it is a mechanism that we are have in nothing else as money form.

[Fixfin 2569]

Cryptocurrencies are relevant for years now and what happens is organic adoption and education of public. New generations that find it easier to adapt and are better at education are finding the opportunities in cryptocurrencies for profit, but also after getting deeper we find something more than just digital assets. What cryptocurrencies are is the future right here and now. It is how money will be in digital form and used freely everywhere in the world.

[Cryptic 0]

Cryptocurrency is very relevant with our current situation, as we all know there are a virus which caused to some country to lackdown and it hugely affected the citizens of that country, since they couldn't earn because they would definitely lost their job and, the cryptocurrency is the best solution for that as it will give us income just like what we earned from our previous job.

[Syedbesharat 5423]

Crypto currency have many aspects for usage where most of the time it's used for payments and people store them in wallet for good profit. The price of crypto increase because of investment of people and now this is attracting big companies and brands. The crypto currency have many coins but most strong coin is BTC who is ruling market with cap of 79% of total market cap. 

[Simon London 1749]

Hello everyone, I consider that one of the factors because people are using cryptocurrencies is due to the coronavirus crisis, this pandemic is driving online work from home, and one of the best alternatives for income is the exchange of cryptocurrencies in digital platforms such as binance and yobit...

[Michaelx018 0]

Cryptocurrency is the market to be at , right now it is the upcoming place where profits are exponentially made. more and more people are coming to know about cryptocurrencies and realising the potential of this market. there is no doubt that cryptocurrency will rise to new heights in the coming days.

[Projectcrypto 4382]

21 hours ago, Syedbesharat said:

The crypto currency have many coins but most strong coin is BTC who is ruling market with cap of 79% of total market cap. 

You are right on this mate because even at present the value of the coin is reading $19,000 plus in the Cryptocurrency marketplace and since the coin appears to a promising one then i am advising us to hold to at least end of this year 2020 so that we shall earn good profit to our various wallets because I believe bitcoin will cross $20,000 this year.

[fanylu 505]

Cryptocurrencies have become very popular they can be used in online and digital transitions in cryptocurrencies you can earn a lot of money and they are very revealing in our future and today due to their ability to transfer large sums of money very good information thanks.