Why are cryptocurrencies so popular?

[George10 9932]

Crypto currencies are now gaining much popularity as many individuals from different regions in the world develop some interest in them and find more advantages or benefits through their use of this blockchain technology such as making investments at easy and cash out some good profits.

[Chandan Mandal 332]

Crypto currencies are so popular because of their increasing value day by day and as it is decentralised so their is no violation in payments and it is more safer 

[Moon00 40]

Cryptocurrencies are becoming popular because never before in human history has there been a way to digitally transfer value between any two arbitrary entities without relying on a trusted intermediary. This enables new types of experiences based on digital native value transfer.

For example:

• a Venezuelan storing their money and hedging against hyperinflation
• fundraising via token offerings
• a unified global currency

Also, there is a ton of hype built upon a poor understanding of bitcoin and a prolific “get rich quick” mentality.

[MarkAli 0]

I believe that the great popularity of cryptocurrencies is because it is a profitable field and it may be the language of the coming era as it is more secure

[basel23 1722]

Yes, I agree with you, these reasons that I mentioned attract many investors to work in cryptocurrencies, and working in cryptocurrencies secures for many people good money without the need to go outside the home

[decemberends 1881]

Cryptocurrencies is been in the marketing economy for a while and alot has happened since then and some events of it made the cryptocurrency's go suddenly shine for everything many tried it because they are interested by the way how it works.

[Captin 0]

Hello my friend .. cryptocurrencies are desirable not only for the reasons I mentioned, but because there are some people outside the law who need a way to pay without being detected, and cryptocurrencies are the most appropriate method for that, and in my opinion, I think that cryptocurrencies will not become more popular in the world due to the presence of countries Third world, which is not yet dealing with electronic payment

[Saj555 2250]

Cryptocurrencies  are so popular  because of some reasons. The first what the users like is that it's  easy to earn cryptocurrencies  rather than earning flat currencies. It's  also safe and stored easily and no one has to face any difficulties  to store it. The number of projects and trading system and the profits  are quite remarkable of this coin. That's  why it's  actually so popular. 

[GM266 673]

The main reason for it's popularity is the safety and simplicity of this currency. The Crypto World basically offers  the term for safest storage of cryptocurrencies and use it anywhere anytime through virtual system. With flat currencies ,we need to keep it by ourselves to use it. But it's not the same with cryptocurrencies. You can use it with your own wallet passcodes anywhere anytime and also it offers great projects which are quite good for earning money. That's why it's famous actually. 

[Zeshan Khalid 2577]

The increase in value of crypto coins is very rapid that's why people want to invest in it. And other reason is that everyone understands that crypto is the future of world economics

[Edwin john 649]

crypto currency is popular because it can be easily transferred.Their is no government involved in crypto currency, It is the currency of future. The users have the full authority over their coins.The technology behind crypto currency attracts more people to it. These are some of the reasons why crypto currency is popular. 

[Emma William 2399]

The world of cryptocurrencies became so famous because it broke all the rules of traditional business! This is because it is now possible for anyone to work in this field even if he has a small capital! Also, this work does not take a long time! But it only needs a few hours!

[Mwangi 5611]

For decades if not centuries we have been using the fiat system and the truth today there is a chance for us to really get a new leaf for everything in life keep on changing, the idea of exchange is the same but the concept is different and people are actually accepting that , especially since the advancement of technology that is really important so we need to keep on moving forward , 

[jasson 25]

you are right this days in lookdown bitcoin is become very popular many peoples know about bitcoin and crypto crypto is know as a bitcoin so most the peoples know crypto as a bitcoin ore after some time I think every one will know about bitcoin 

[Digital 387]

On 10/5/2020 at 4:04 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

 

Crypto currency win the support of many people because of the  benefit it reaps and more people are getting awareness on how crypto currency works and are willing to participate in the system.

[fatimateta 175]

The main reason for their popularity is undoubtedly the fact that they’re unprecedented. decade there was no exact concept of crypto or virtual currency in the form we know it today. Their potential is the thing that has driven them to the excessively high prices they’re worth.

[ariel1969 3]

por que en muchos lugares son desentralizadas y tenes el control totalmente de tu dinero.y tambien por que dan buenos poecentajes de ganancias

[Ryken8 545]

Cryptocurrencies offers people an alternative means of investment and earnings. Its decentralized nature appeals to a lot since it is free from government manipulation. Many sees it to be the currency of the future specially now that mass adoption is already underway.

[marchal87 2343]

This is due to the prices it reached, especially Bitcoin. The prices it reached made it very popular, as well as other currencies

[salah85 38]

One of the reasons Bitcoin and other cryptocurrencies are so popular is. It is usually safe

[Wilfrr 37]

Porque siempre hay airdrop nuevos los cuales van generando otras ganancias otros tipos de monedas los cuales nos ayudan para así ahorrar nuestras monedas en bitcoin por ejemplo 

[veimaralex 83]

Because this uses the new technology based on blockchain to support different type of projects, on this way due to thw growing of technology cryptos are more and more used.

[Nicole018 4548]

These can be counted as some of the reasons why cryptocurrencies are accepted and popular worldwide for its value and significance in terms of investment in the long term. Currently the value of cryptocurrencies especially Bitcoins are on the rise. So users holding Bitcoins can earn lots of income towards the year end. Let's wait and watch how much bitcoins will be worth.

[fuck123 184]

Nice question you asked how the currency is so popular with us through the currency we can learn a lot about the coin market and get to know completely about the relationship that is a site that is popular with us We can make a separate income by commenting on this currency and many of us are benefiting a lot through this currency. There are many reasons why people earn income from these currencies.

[Mathiasdgreat 121]

Cryptocurrency is becoming more popular day by day because it has been giving higher returns on investment (ROI) as compared to other investments. And because of this a lot of people are tapping into this opportunity called crypto market.