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Justine Amores

Importance Of Cryptocurrency

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  1. Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.
  2. The most important feature of a cryptocurrency is that it is not controlled by any central authority: the decentralized nature of the blockchain makes cryptocurrencies theoretically immune to the old ways of government control and interference.
  3. Cryptocurrencies can be sent directly between two parties via the use of private and public keys.  These transfers can be done with minimal processing fees, allowing users to avoid the steep fees charged by traditional financial institutions.

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I would also add that crypto currencies are a necessary part of society's development and the next stage for the financial world. It will replace fiat one day even though not to soon. Some say tht crypto's emergency will lead to a war and maybe in financial world only 

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Yes is very important. Also from the creation of Bitcoin today there are a lot of people who changed their life to good life! however there some people who are victims of hackers!


 

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As of now people can live without the use of cryptocurrency or also people can live without cryptocurrency, but it is important for people to know that cryptocurrency is really useful and it can help us to have a better handling with our money. Also, people should learn that government can not do anything to manipulate cryptocurrency.

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I think all of that is indeed an advantage worth considering in choosing crypto as a means of transaction. but the thing to remember is that crypto has a disadvantage that when you do a peer to peer transaction and you have clicked send it cannot be canceled. Even if the address you sent is wrong, not the address you intended.

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The crypto currency is a future created to replace fiat money. the transaction is very easy and not complicated. the possibility of the future of crypto is very bright.

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I think many people around the world found their missing things in bitcoin and cryptocurrencies, with this new technology they made and solved a lot of their financial problems especially 

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Cryptocurrencies are already in their tenth year and people although they are still very few who are using it, have a future and important in the economic  transformation of people and economies of countries.


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Just adding some importance of it, bitcoin is profitable for us because it helping us to earn money to used it on daily life doings, bitcoin is also good in terms of payments, this has no taxes to be paid especially if we used it online so that many people are being used this.

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The cryptocurrency market is everyone’s financial future in a few years it’s a matter of time, because over time many people let go of the old system and cling to the new world of the digital piece.

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Thanks for sharing such important article it is very interesting and informative i really like to read this article keep sharing such informative articles well done brother

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Also crypto currency like Bitcoin is popular to the public. This popularity of crypto currency make it's pavement to success. We, the users must know the importance of this thing to appreciate it more.

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an explanation of the features and also the technology is important, but actually the most important and most awaited of all people is the value of crypto in order to make a profit. even if a survey is needed, the survey will definitely lead to more investment assets.

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Crypto currency is very important for future. It will become main currency worldwide. Because it is stored in fully digital system and our future is going to fully digital. So crypto currency is very important for future.

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13 hours ago, Huzlerdude said:

Crypto currency speed up transactions, make things decentralized for us. Remove any barriers between the middlemen.

I also love its for its decentralized feature. For this, no nation can ban it suddenly and our money is also safe for this.


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Cryptocurrency is digital money that is safe and ideal for payment via mobile by default because it is virtual and decentralized, it is the furutire economic system

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Crypto currency has a big different on flat currency, the good thing about crypto currency that it is decentralized that is big different to flat currency that has central authority that regulate it.

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His is more about blockchain technology, importance of crypto is blockchain. as a big technology that makes cryptocurrency has features like OP said, no control from the government, transaction benefits and decentral.

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Cryptocurrencies are digital coin that can neither be touched by our physical parts or can be held on hands. They are the future of tomorrow. Investing it right now gives alot of gain and money.

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Я считаю, что важность криптовалюты больше всего обусловлена тем, что она не требует денег как предмета, созданного из бумаги, что очень полезно для экологии.

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On 12/16/2019 at 6:11 AM, tienda said:

Yes is very important. Also from the creation of Bitcoin today there are a lot of people who changed their life to good life! however there some people who are victims of hackers!

That's the sad side of cryptocurrency. People get scammed or hacked by also other members. That's why in crypto, you must be wise and have critical thinking if you don't want to be hacked or scammed by other people.

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I hope that this will continue further, that the cryptocurrency Bitcoin remains to be. Nothing more than cryptocurrencies. 

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The benefits of cryptocurrencies are very important benefits today and with the development of technology it is the best place to store your money as well as ease of use.


THINK POSITIVE

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