Why are cryptocurrencies so relevant now?

[The Game 2059]

On 11/21/2019 at 11:51 AM, 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 mate because everything you said here is actually one of the main reason why crypto currency gain it popularity and everything about it is anonymous without any government charges.

[Maria karam 667]

I believe that cryptocurrencies will shape the modern concept of money in the world and will change the way money is sent and received for current and future generations and will make life easier and more private.

[alisen9506573 194]

I think people are dealing with Krypto because it can help them enrich their technological expertise on the subject of cryptocurrencies as well as it is a great way to improve language and in the end the material gain comes as a simple way to make money but gaining knowledge and technological experience remains a priority. all respect

[Alix188 585]

Certainly, cryptocurrencies represent the future of the global economy and help us develop the monetary system, and I do not think that Bitcoin will be used to make daily payments, the goal of the invention of Bitcoin is not to change the payment method we use, but rather to liberate the global economy from central banks

[Mahmod aljarah 1383]

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.

[Zulqar1122 98]

There are two types of currencies in the market one is based of physical curreny and the others is associated with the digital currency and this cryptocurrency is based on digital currency .

[basel23 1722]

Cryptocurrencies are becoming increasingly popular and I think the reason for this is that they provide a way for users to transfer money without the need for a central party, as the transfer fees are very low.

[Dadouasaad123 902]

I believe that cryptocurrencies were created to free people from the domination of banks, they manipulate people through taxes and sanctions, and cryptocurrencies have revolutionized the economic world, and Bitcoin will be the talk of the country for many years. I hope that Bitcoin will dominate the global economy, this will benefit the people a lot.

[Harry Potter 870]

der thanks a lot for sharing your information about the relevant of BTC your information is very valuable for me because I am a beginner and just start working on this platform just that so I give sharing this kind of information for the beginners

[HumamAliDeeb 590]

Cryptocurrencies are considered a type of digital cash without central authority, which means that no single person or institution (such as a central bank) controls it. This idea is similar to a peer-to-peer network for file sharing, meaning that everyone on the network shares files, and they are not stored on just one computer. The lack of a central authority removes the need for any single entity to trust control of accounts, balances, and transactions. In other words, it improves transparency and reduces the risk of accounting or fraudulent errors such as "double spending". Within the system, newly created cryptocurrencies such as Bitcoin are entered into a database known as the blockchain. Coins are created when computers collect a complex set of algorithms in a process called mining. These algorithms use cryptography to secure transactions and regulate the generation of additional units of code.

[selfmade 7]

Any digital stuff is relevant nowadays, because most of the things runs with digital items, what's not relevant is paper money and it is time we bury it.

[joemcgwa 3227]

On 11/20/2019 at 10:39 PM, Slavish said:

Why are cryptocurrencies so relevant now?

    I'll start with "Why were cryptocurrencies created"?

Many people ask the question: why is such a currency created? Some argue that this is a breakthrough in technology and an opportunity in the future to create new innovations. Others believe that it is "evil" and that cryptocurrency will rule a person. But still, no one will deny the importance of cryptocurrency in human life and how it is implemented in various spheres of activity. After all, with the help of bitcoin, latcoin and other cryptocurrencies, you can pay:

        Shopping in stores;

        Things and goods in expensive boutiques or branded stores;

        Shopping in playgrounds;

        And so on.

Moreover, the price of cryptocurrency allows a person having, for example, 1 Bitcoin to live comfortably, because such a coin costs from $ 7000. In addition, cryptocurrency can be invested in other projects and earn even more. And soon they want to introduce it in banks, stadiums, airports. After all, virtual funds can always be taken with them and they are harder to lose than paper money. And their price is constantly growing, and no one believed that bitcoin could be worth $ 20,000.

 

 

Relevance and prospects of cryptocurrency

 

Actual there is now a cryptocurrency? This question can be answered by the stock market and various crypto-currency platforms. Many people invest their savings not in dollars or euros, namely in Bitcoin, Litecoin, Dogecoin and so on. And according to many experts, such a currency will be relevant for another ten years. After it will enter into everyday life and replace the usual human money. Fiction or not is up to you.

But the prospects for cryptocurrencies are few, but they are also striking. For example, the introduction of cryptocurrency in supermarkets or cinemas. It will be enough just to enter the wallet number, confirm the transaction and your account for any product or service will be paid. And one of the prospects is to increase the price of cryptocurrency that will give even more opportunities for human life.

 

 

Grand total

Cryptocurrency is the future of humanity, which will soon replace the usual concepts of man. This is an alternative to cash, and the development of cryptocurrency is only pleasing. It has many prospects, and it will be relevant for at least another ten years. So it is best to immediately start looking for ways to earn bitcoin, litecoin and other cryptocurrencies to soon have a steady income and security for life.

 

 

Below is a graph of bitcoin growth

 

Nice😎

The one who discover and create cryptocurrency he was just created it for a good purpose, but governments were fighting against cryptocurrency for the reason of individual person to start his own money.

[Merry Cherry 670]

Cryptocurrency is relevant i think because of its easy way of earning and as well as its easy way of online payment and its easy way of transaction in the worldwide and i think it made life very easy for many people of many countries because now technology is very fast as well. 

[Nersreem 279]

Cryptocurrency are now really strong in the market and every year it have more huge supply soo we need to make it more capable to be one of the most trusted way to buy, sell and pay.

[Malik Abi 0]

Cryptocurrencies are important because they allow people to trade and send money all over the world. There is no requirement for a bank to approve the transaction. With cryptocurrency, you are your own bank and have complete control over your assets.

[Ali iskandr 600]

Cryptocurrencies have become widespread and have gained great popularity, and people have broken their fears about trading in them, and there are many banks that deal in cryptocurrencies and convert them into cash.