Why are cryptocurrencies so popular?

[Ayman22 251]

Cryptocurrencies are the modern currency now, and their price is very valuable, but we cannot use these cryptocurrencies in our daily life because they are in Some countries are not desirable for these cryptocurrencies, good luck

[Sonii 386]

On 10/5/2020 at 8:04 PM, SHADI MOHAMED HASSAN said:

Cryptocurrencies appeal to their supporters for a variety of reasons. Here are some of the most popular:

   # Supporters see cryptocurrencies such as bitcoin as the currency of the future and are racing to buy them now, presumably before they become more valuable
   # Some supporters like the fact that cryptocurrency removes central banks from managing the money supply, since over time these banks tend to reduce the value of money via inflation
   # Other supporters like the technology behind cryptocurrencies, the blockchain, because it’s a decentralized processing and recording system and can be more secure than traditional payment systems
   #Some speculators like cryptocurrencies because they’re going up in value and have no interest in the currencies’ long-term acceptance as a way to move money

 

Yere are too many reasons of being the popularity of digital currencies all over the world.. All the countries in the world are using the crypto currency as it is  best for trading as well.. If is safe to use... We don't have any cash in our hand so it will safe our rupees firm theft... There are a lot ot other benefits which are discussed in the post.. I thanked to you for making such a valuable post.. It will help many people to understand the topic of crypto currency. Thanks

[Shady85 132]

In fact, digital currencies do not show control over government authorities or violate banking policies, and people can easily use them to meet their individual needs. This is what makes their popularity grow and many governments are starting to adopt them.

[lolo9992 365]

Cryptocurrencies are very popular because they seek development and modernization and can be traded in central banks, private and public banks, and the price of Bitcoin is very expensive for this people to resort to and work with, and it provides a lot of money, experience and knowledge for people

[asmar33 413]

I believe that this popularity came from behind the profits that we get through working with crypto. And the work here is good, not linked to time or place. It is suitable for all groups, especially students.

[Ali.zx 693]

Yes, my friend, I liked the cryptocurrencies for these reasons, in addition to the value it recently acquired, as the price of Bitcoin exceeded $ 60,000, and the demand for it is still great.

[Kate94 78]

Crypto currency is most popular in the world so it is more valuable its future seems so bright it will accept soon in other countries where it is banned nowadays 

[Yousefsaker 64]

The popularity of cryptocurrencies is due to its ease of use and ease of trading with it .ln addition , it is available to everyone around the world as.lt also helps them to make money to support them in their daily  need and all this without effort or wasting time .

[Bang123 0]

Cryptocurrency is so popular because in cryptocurrency the investers get good benefit, they invest money and get good output from this forum thats why cryptocurrency popularity increses day by day.

[Alaa44 201]

Digital currencies have formed a revolution in the field of economics and banking because they are not subject to bank centralization and enjoy complete secrecy and because of the rapid rise in their market value.

[Tahir shah 786 0]

RT @Mike1515: That is the absolute truth, and I believe that when it comes to stating it, the truth is that crypto arose in a space that no one else expected to work, and the truth is that we must work with it perfectly as it is. The space for fiat was becoming increasingly crowded, and people were making it simple with technology, so the moment an alternative for fiat appeared, it became the best thing.

[Mjdy1996 505]

Now we are in the era of development and the age of technology, and this is one of the reasons for the popularity of cryptocurrencies

Because it is a recent and evolving thing, in addition to being increasingly popular due to financial freedom

[Marof 669]

This is true. All the reasons I have mentioned for the increase in cryptocurrencies in popularity in this great way, and the most important thing is that working with them does not require anyone's permission, or central monitoring by banks is located, and this is very useful for traders who trade and work with very large sums.
And the ease of transferring those currencies to those who want them or receiving them from them.

[Mera alshanta 19]

Cryptocurrencies are very popular.
Because it protects you from centralization and banking, not interfering with your personal account, and limits many intermediaries, and it is very fast in dealing and safe because everything is recorded in your account,
It opens a door for small investors who want to earn interest with their money in a simpler way than banks

[Durant7 341]

These are very good points but I would add that cryptocurrencies have been increasing their popularity in recent years because they have attracted the attention of large investors because they find in them a great opportunity to generate money due to its volatility every day more and more people are investing millions of dollars making cryptocurrencies more popular.

[Housen salom 216]

Thanks my friend for this intervention, as this currency has become very strong and famous on a global level, so we must pay more attention to this field and gain sufficient experience so that we can cope with the next stage

[Philip1 220]

My dear Santa I want to tell you there because this is the critical situation of the covid-19 that's why the alphabetical business are closed and everyone want to invest in the cryptocurrency that's why the cryptocurrency is more popular at this time in all over the world

[Deviler546 386]

Hello good morning, I think cryptocurrencies are so fascinating because they allow people to make a profit, they are decentralized and they do not have a central government to control them.

[tomy03 332]

Hello there greetings yes it is very very popular cryptocurrency around the world because of its popularity I think the more people using and the most people learning about this can see that's why it's make very popular around the world and it is also easy to investor and easy to buy things

[Daoodkhan 55]

The key reason for its popularity is that it gives you power over your money, in addition to the fact that it only costs you cents to transfer any amount (well, gas in ethereum says otherwise hahaha) and that it takes seconds, if not minutes, to make payments. Hot regards

[Asim wazir 3]

Hello everyone.People have Understood the value of Cryptocurrency a lot due to this pandemic then most of us were hesitant with physical money so were finding different ways to trade and all os use jumped to different online methods so people now have a good idea of how important online trading will be in the future . Those who understood what bitcoin is and why it was made immediately saw its potential and Jump in English as the knew They could miss a lot if they do not hurry , Others think it's just a fraud and they having read the news about hacking thinks they are very easy to hack.thanks for read my comment

[Aimen Khan 696]

Cryptocurrencies are getting more popular because people are getting profit from these currency.People used to work online to earn different cryptocurrencies.Because crypto are online currencies.We can excahnge it in any currency.

[Amer sada 133]

This currency is considered popular because investors see it as not linked to a bank or center, but rather depends on technology and the currency is considered more reliable than fraud.

[mechail 179]

I agree with you, my friend, that the future of cryptocurrencies is very bright and the attraction of this number of people to it is due to its ease of use and transfer and because it is completely safe in addition to any ease in obtaining it from many. Trusted sites.

[Lunatic Girl 3]

World became a global village. And its the Era of internet and online systems.

People are not 100% permit to pick their money every time with them.

Through online systems they can share their money by their handy phone. 

So cryptocurrency is more valuable nowadays