What is the Crypto Currency Effect in the world?

[CryptoLover21 0]

Cryptocurrency is the leader of all  currency , it can also lead usd and other curreency in future so it will be the king  currecny in fuuter by leading it in every country

[Brushless4500KV 4214]

1 hour ago, CryptoLover21 said:

Cryptocurrency is the leader of all  currency , it can also lead usd and other curreency in future so it will be the king  currecny in fuuter by leading it in every country

I'm afraid but your prediction may not come true because USD or other famous international currencies have been used for more than a century and they are printed and controlled by people who have the highest authority (governments and central banks). People store their income from cryptocurrency into stable coins and stable coins are backed by USD currency. So, think of it this way: USD > Stable Coins > Digital Coins. According to this, USD is still the king of currencies and it is still unknown whether crypto will be able to beat it or not in the future.

[Tuhin56 1]

In the world many people are very poor. For this cryptocurrency people will change their luck. They will earn money. world Will be changed for changing the life style of people 

Edited March 3, 2020 by Tuhin56
Mistake of spelling

[Leerobert 307]

The effect that crypto gives to the world is the economic effect, especially in the financial system, as well as new investment models. Where no longer requires a third party that has been controlled by the Bank, but can be managed by yourself every person in the world.

[AshikSakib 5]

From cryptocurrency  some stock market traders are trading in cryptocurrency market. Payments sending online use cryptocurrency is increased after its launch of BTS. It's very easy to trade and hold your coins in cryptocurrency.good luck...

[Vivek1997 437]

Cryptocurrency is become a best option for trading nowadays and this is because of high volatile nature and high pricing of bitcoin. Many people's trading in cryptocurrency and gaining huge profit and so they discuss about its pricing. I think train behind high pricing of cryptocurrency is because of limited crypto in market. Thank you.

[Danidanials 0]

Cryptocurrencies have become extremely popular due to potentially huge gains, but their volatility also involves the risk of dramatic losses. In 2017, Bitcoin prices rose from about $1,000 to a high of more than $16,000 before dropping to just more than $3,300 in early 2019.

[Inajohansson 1]

I think the effect is that cryptocurrency will be the most preferred investment asset in the world.cryptocurrency can help to growing up world economics.Through cryptocurrency we can make money.

[Munkhatun 7]

When I talk about crypto currency and its price changes in a public place, you know that everyone wants to work with crypto currency and earn more crypto currency.  My question is what is the main reason for the popularity of crypto currency?  I have a question about the impact of crypto currency in the future.

[Abiaan 1209]

till now we cant really see any huge effect of it but people are getting into it because everyone has alot of faith and expectation on future progress and growth but atleast on some countries ecommerce and emarket accepts it

[Iqrashafique 23]

Crypto currency has many positive effects in the whole world , As it makes the whole world in a union form ,this digital currency brings the people in a single platform to express their own views about a single specific topic .

[Lover840 0]

Hello my dear friend. In my opinion the reason behind its popularity is the bitcoin. As we all know bitcoin is the most popular and valuable cryptocurrency. I also got to know about crypto currency by bitcoin name. 

[Fattkidd 1852]

1 hour ago, Xenofever1 said:

I agree with you Mate since cryptocurrency is always related to money people get interested in it and they see it as earning some fast money and you don't have a boss to follow. 

Yes,Even if some country dont approve of cryptocurrency we are sure that,It more profitable than labor works and it also work in some cases where you dont have to leave your home just to get money,Cryptocurrency is not only profitable but also simple to use to earn good amount of money.

[Miraz06 1]

I think the crypto currency effect will be most importantin the world. Because it’s an earning source. Many people earn currency by this site so it’s effectwill be good           

[Zaino34 0]

There is an increasing number of people who want to work in the field of encryption and want to make profits from it and because of this matter the popularity of encryption has increased and in the future more members will join as well and will be relied upon as a primary source of income

[Brushless4500KV 4214]

I think the main effect of cryptocurrency in the world is that it succeeded to prove to the people that it is possible to make safe transactions without using banks as intermediaries. It proved that banks can be unsafe and unreliable too. Cryptocurrency could provide excellent opportunities for people who live in remote areas in the world to transfer money beyond border limitations. Crypto inspired the feeling that everyone can have a share in the supply of the currencies they use and their fate is not just under the control of a few groups.

[MrGox 880]

Cryptocurrency is thing, which by everyone can be wanted. l would call this new technology money, but that is absolutely more than that. But there is not the really answer of this question. 🙂

[Brushless4500KV 4214]

2 hours ago, halloweed said:

Considering people are not yet using crypto mainly in real life and they have to exchange their coins to paper money to spend it, what could be the reason for this.

Maybe not all people but definitely we have some people who use crypto in their real lives and prefer it over fiat in any possible case. Just have a look at online stores that accept bitcoin payments. There are even some websites that list the name of all stores that let you spend bitcoin to buy goods. This proves the fact that it is possible to buy some items without converting crypto to fiat. I don't deny the fact that fiat is still dominant but the crypto is also used for real purchases by many online buyers.

Edited March 24, 2020 by Brushless4500KV

[Jessica Karren 1242]

The main reason of popularity of this technology is that anyone can make make easily. So far the crypto technology is not fully matured so we haven't seen it's full effect on people yet.

[Zezo 306]

I think the reason for Bitcoin's popularity is the technology that is based on it. The world is heading to develop and find new technologies and also as an alternative payment method for cache.

[andrehol 16294]

Cryptocurrencies are a new financial instrument. With their help, many people will get rich. Today you do not need to be rich in order to successfully invest in crypto. Wealth can bring a coin that costs a few cents. The attractiveness of cryptocurrencies is that everyone has a chance to get rich.

[magd 5231]

At the beginning of the encryption, there was no direct impact of the cryptocurrencies around the world, but now we find that 90% of the sites that require payment provide payment service in the cryptocurrencies, as it facilitated the buying and selling operations and sending money to relatives in other countries quickly and without delay.

[kamikaze04 6]

From cryptocurrency  some stock market traders are trading in cryptocurrency market. Payments sending оnline use cryptocurrency is increased after its launch of BTS. It's very easy to trade and hold your coins in cryptocurrency.gоod luck

[AmjadBydn 0]

I think it will never change anything ! but if someone had a great capital and he convert this capital to cryptocurrency world then they will effect on the economy of his country

[jamesvince 2389]

No one want to lose their own money in crypto market therefore only few percent people of whole world used this financial markets therefore only two billions usd whole capitalization of crypto market. And you said everyone knows to crypto market i think you are not right.