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mikealexisj

Advantages of Cryptocurrency

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I agree with the almost all thing's you mentioned above. There are the many advantage of the crypto currency  like the online system  payment and also financially hepls a lot. Because it is independent . No one controlling the world of cryptotalk. Also it's transaction system is very fast and secure.

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I think that cryptos have many advantages in relation to fiat money because banks have no way to retain it but they can be withdrawn and exchanged by anyone in any part of the world, and the speed with which transactions are carried out gives a clear advantage to the crypto with respect to Banks and other financial entities

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The field of cryptocurrency is still nascent and will undoubtedly grow along with today’s generation of kids. Blockchain technology is still up and coming, and developers have only scratched the surface of its possibilities

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Cryptocurrencies are global currencies, you can use them anywhere in the world, they cannot be duplicated or falsified, they are deflationary since their production is limited, they are immediate since they could speed up payment processes, transparent because their transactions are public

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What i know about the advantages of cryptocurrency is that, the cryptocurrency service can be used by anyone who has access to the internet. They must also know the cryptocurrency network.  It becomes easier to carry out transactions and asset transfers using the cryptocurrency ecosystem for interested customers.

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Advantage over cryptocurrencies especially in the main evey you can own your own bank without depending on anyone who has to do with banks or governments and who do not control what you do with your money in this case cryptocurrencies and especially those that cryptocurrencies are linked to technology and technology does not stop growing in conclusion a great future for cryptocurrencies
a big hello to everyone

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Now the crypto space is full of advantages, there is only one drawback - hackers, but soon the market regulation will come and the advantages will be much less, since the rich people will not be able to pass by such a lucrative industry, and the rich need guarantees and insurance of assets.

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Cryptocurrency has many advantages.  Because if I can earn crypto currency from here then I will get many benefits.  The first benefit is that I can spend a lot of my life earning money from here.

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I agree with the opinion that cryptocurrencies have many advantages, such as the speed of trading and transfer, in addition to the low transfer commission in banks, ease of use, in addition to many other advantages.

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Of course, digital currencies facilitate payment processes, as they are faster and better than traditional slow and expensive methods, which require showing information and many personal documents.

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I think that the advantages of cryyptomonedas are well known for the ease that it makes us when making any type of transaction by avoiding consulting the Bank and knowing that our money is safer than in a financial institution, also one of the major advantages is that anyone can use them with only an internet connection anywhere in the world apart from the fact that the blockchain makes them more secure

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Another opportunity that can not fail to please is the ability to conduct transactions without the participation of banks, without the participation of the state, and I hope you understand what the positive side of this is.


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Cryptocurrencies are characterized by decentralization and therefore not subject to the lnoc or the traditional laws or procedures Consequently, this matter is the reason why many countries prevented it at first because it is not under its authority, but the matter gradually changed and became accepted and understood by states in another way.

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Cryptocurrencies don't use middlemen, so transactions are usually easier, faster and require less or no additional transaction fees. Some experts believe, however, that taking out the middle man goes beyond these simple benefits. Swanepoel said cryptocurrency has the ability to "give power back to the people.

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Cryptocurrency has both advantages and disadvantages: as you mentioned, cryptocurrency has a higher transaction speed as it only takes a few minutes to complete a transaction.

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Hello friend. Transfering cryptocurrency is easier and faster as their is no middleman and there is no extra transaction fee. When using we have the whole power doing what we want and no one can control us i think that is the greatest advantage i find in the cryptocurrency

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The biggest advantage of cryptocurrency is that its marginal rate changes every day and fluctuates. Working here, you can earn every day.

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Well advantages are huge. It shorter the time period of international transactions. I mean whenever we do international transactions , it will take more thn a day to complete a transaction. So in this scenario cryptocurrency is good for international transactions. And it is upon peer to peer transaction ,that means no middle man is here in between transaction. Many new project are comming out to collaborate their company with blockchain technology. So basically blockchain and cryptocurrency are future.

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On 3/5/2020 at 4:59 AM, mikealexisj said:

I think the advantages of cryptocurrency are it being fast and reliable unlike banks when you withdraw or deposit it takes time. 

Yes, friend, I believe the same, the timeframe of some platforms is only 8 seconds to perform an operation and does not require more data to perform it and exchange it, whether or not it is needed, it is a very big advance and something that is at the level world

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Cryptotok is a very good platform for us, from here we can learn from the good posts and those whose posts are bad again and again are expelled from here and here we get bitcoin from where we comment and this bitcoin ebit  By exchanging through we can bring in our own wallet so that we can be self-sufficient from cryptocurrencies. Thanks mf friend

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.

Cryptocurrency has made the promise of facilitating the transfer of funds directly between two parties, without the need for a trusted third party such as a bank or credit card company, and these transfers are instead secured using public keys, private keys, and various forms of incentive systems, such as proof of business or proof of risk. Proof of Work or Proof of Stake.

In modern currency systems, the user's wallet or account address has a public key, while the private key is known only to the owner and is used to sign transactions. Money transfers are completed with minimal processing fees, allowing users to avoid steep fees imposed by banks and financial institutions on transfers. Banking.

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.Advantages of cryptocurrency are-

1.transaction 

2.Asset transfer

3.More confidential transaction 

4.Transaction fees

5.strong security 

Having emerged as a digital alternative to more traditional methods of exchange like cash or credit cards, cryptographic or cryptocurrencies have also generated alternative points of view.

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One of the advantages of cryptocurrencies is that the methods of buying and selling are easy and do not require much experience in the market. Protection of user data, speed of money transfers and lack of breaks.

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