Why are cryptocurrencies so popular?

[SHADI MOHAMED HASSAN 243]

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

 

[Aquaman69 217]

Cryptocurrencies are the modern currency of the world.  The price of which is very valuable.  These cannot be used for any purpose in our daily life.  Because these are not accepted in many countries.  But these are the things we can earn from this crypto.  And these are very difficult to convert into ordinary money.  Yet these have received a lot of response around the world.

[benjax 17]

It has become increasingly popular because of financial freedom because it is against the exploitation imposed by centralization and banking

[Zeshan Khalid 2577]

The main reason is the ease of earning and its popularity in the market because anyone who have invested crypto currency have earned some profit from it as far as he is not subjected to scams

[Danitalk 160]

cryptocurrencies are very popular as it is seen as the currency of the future; When referring to the word bitcoin, it is already talking about a lot of money of a lot of value and many see it as digital gold, so for this and many more reasons they are very popular.

[CDDISK12 659]

cryptocurrency is so popular because it: 1. Anonymous 2. No one can block your cryptocurrency account and you have to write off the entire crypt. With ordinary money, this is possible, for example, by a court decision.

[Aryuris 30]

55 minutes ago, 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

 

One of the reasons is that cryptocurrencies or digital currencies are a type of alternative currency, they are de-centralized by which no country or bank can control them, they move through technology on the wed, they are safe and some of them their price is high

[Yogidon712 132]

Crypto market is the next big thing coming, it will be the future and Almost everyone who understands it feels the same. 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 But they do not understand that it's about how secure you keep your account and not anyone else's fault yeah sometime miss happenings do happen and not to forget it's just that initial phase of bitcoin and soon the security will be much higher and so will be the price

[Mzizo 24]

The key explanation is the ease of earning and its market success because it has gained some benefit from someone who has invested crypto currency as far as he is not subjected to scams

[Jeanette Rendon 102]

Hi everyone!
Cryptocurrencies are a modernization of common commerce, cryptocurrencies allow us to carry them in our preferred wallets and they are very stable. For that and many more reasons is that they are so popular.

[bra231997 215]

On 10/5/2020 at 12:04 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

 

decentralization can be a great reason why people approach them, bitcoin is true, it is very attractive in the future

[khaleesi2020 115]

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.

[Zouhair laasri 34]

Digital currencies are popular because people are free to deal in low-fee digital currency and better than governments control people through regular currencies and banks.

[filip_tuka 37]

Cause they have some purpose why they are here, and doing something. Simply they are our future. 

[Joli72 18]

Cryptocurrencies are very popular since they represent the evolution of the financial market, being the most practical digitization for everyday life and because it has had and great acceptance by the general public.

[KrieG 111]

The main reason is that you control your money that is why it is very popular, in addition to the fact that it charges you cents to move any amount (well, gas in ethereum says otherwise hahaha) and the fact that it takes seconds and practically minutes to make payments ,Greetings.

[TheCrow00 70]

Cryptocurrencies are so popular since they break the paradigm of conventional money, eliminate intermediaries, are very fast in their transactions, they are very safe since everything is recorded on the blockchain and in this way the record of everything that is done remains, apart opens the door to small investors who want to earn interest with their money in a simpler way than with banks

[Dcoder 21]

they are decentralized , can be used everywhere , ease to use , so many use cases , ... 

[Randall80 147]

Cryptocurrencies are becoming more and more popular because it is possible that they will be the main currency in the world in the medium and long term.
Today we people who know about cryptocurrencies buy as much as possible to have a greater advantage when the time comes when cryptocurrencies are the base of the economy and fiat money stops working.
My preferred cryptocurrencies are Bitcoin, Ethereum, Dogecoin, Zcash and ZEN, I am sure that they will be priced and many people will make a lot of money with cryptocurrencies.

[Real Boss 48]

Cryptocurrency is becoming a household very soon because now people has find out that they can earn some extra money through cryptocurrency, so the reasons for it to be popular is that alot of people  now knowing where the world is actually going. Taken Bitcoin as an example as at now people can't even know 1btc Worth over $10,000. So later they know the value of Bitcoin then they quickly join so this why is becoming popular.

[Kami505030 1617]

As we all know this is digital world and crypto is the name of digital currencies, so thats why every where and every one just talk about crypto currencies and have started dealing in it and also promoting it by different channels. And we all members are very luck to be part of cryptoworld.

[mohammedshrief1554 41]

Digital forms of money are the cutting edge cash of the world. The cost of which is entirely important. These can't be utilized for any reason in our day by day life. Since these are not acknowledged in numerous nations. Yet, these are the things we can gain from this crypto. Furthermore, these are hard to change over into common cash. However these have gotten a great deal of reaction around the globe.

[Russel 017 506]

Cryptocurrency are the latest currencies in the world. The first cryptocurrency is bitcoin was found in 2009.They have low costbto buy and very easy to get

[fuck123 184]

Crypto currency is a site that makes payments every day on the site and everyone feels comfortable working on this site and this site is a site on the There will be a lot of improvements in the future and above all people love this site so this site is a popular one

[Roan 2166]

Currencies are very popular because they cancel out the central influence of states and banks

In addition, ease of handling, disposal, transmission and reception

All this pushed people to deal in digital currencies because it is the technology of the future