Why cryptocurrency is here to stay

[Khezo]

Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market. Kenya’s M-PESA system, a mobile phone-based money transfer, and microfinancing service recently announced a bitcoin device, with one in three Kenyans now owning a bitcoin wallet. (Let me repeat that again. 1/3)
Decentralization: A global network of computers use blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated.
Recognition at universal level: Since cryptocurrency is not bound by the exchange rates, interest rates, transactions charges or other charges of any country; therefore it can be used at an international level without experiencing any problems. This, in turn, saves lots of time as well as money on the part of any business which is otherwise spent in transferring money from one country to the other. Cryptocurrency operates at the universal level and hence makes transactions quite easy.
There is no other electronic cash system in which your account isn’t owned by someone else.
Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you.
It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptocurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you).
Overall, cryptocurrencies have a long way to go before they can replace credit cards and traditional currencies as a tool for global commerce.
Fact is, many people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it to be able to apply it to their lives. Businesses need to start accepting it They need to make it easier to sign up and get started.
The future appeal of cryptocurrencies lies in allowing you ultimate control over your money, with fast secure global transactions, and lower transaction fees when compared to all existing currencies.
When used properly and fully understood it would be the initiator of many emerging systems that will fundamentally change our global economic system.

 

[btaliat]

Besides, it has come to correct the abnormal charges experience on fiat currency. Also, the way government monitors the financial activites of the citizens will be stopped. In my country, citizens have no secret when it comes to monitor and it is spent. This will stop with the increment in the rate of cryptocurrencies users. And the most joyous things is that, it cannot be stopped by anybody.

 

[marcusfe]

I keep saying it time without number that cryptocurrency has come to stay irrespective of what any government do to stop it. The decentralized nature of the cryptocurrency has given it a huge power to dominate and have freedom to escalate all over the world without anybody having anything to do to it. I'm sure that those countries that are banning the cryptocurrency, will soon change their mind and accept it.

 

[Haypril]

At long run, Crypto currencies or digital currency as the case may be, will only end up with two options; Staying or banned forever. Of a true, Crypto currencies has proven to be the future of money and has put smiles on every investors face. But in the other way round, it has caused some more damages that is not open to the general public. Mark my words, In the nearest future, there will be news flying around about digital currencies and it's atrocities.

 

[Doradorwa]

No matter what is done... Right now cryptocurrency currency have come to stay... No argument about it... The emergence of is the evolution that must take place... Big companies are now buying PayPal.... Musk company... They are buying and now just a bit of time now bitcoin will become to expensive for layman... Believe me... Only the rich will be acquiring it.

 

[Deleted member 27126]

Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market. Kenya’s M-PESA system, a mobile phone-based money transfer, and microfinancing service recently announced a bitcoin device, with one in three Kenyans now owning a bitcoin wallet. (Let me repeat that again. 1/3)
Decentralization: A global network of computers use blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated.
Recognition at universal level: Since cryptocurrency is not bound by the exchange rates, interest rates, transactions charges or other charges of any country; therefore it can be used at an international level without experiencing any problems. This, in turn, saves lots of time as well as money on the part of any business which is otherwise spent in transferring money from one country to the other. Cryptocurrency operates at the universal level and hence makes transactions quite easy.
There is no other electronic cash system in which your account isn’t owned by someone else.
Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you.
It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptocurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you).
Overall, cryptocurrencies have a long way to go before they can replace credit cards and traditional currencies as a tool for global commerce.
Fact is, many people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it to be able to apply it to their lives. Businesses need to start accepting it They need to make it easier to sign up and get started.
The future appeal of cryptocurrencies lies in allowing you ultimate control over your money, with fast secure global transactions, and lower transaction fees when compared to all existing currencies.
When used properly and fully understood it would be the initiator of many emerging systems that will fundamentally change our global economic system.

The best type of online investments to ever do nowadays without anY stress is cryptocurrency investment. Cryptocurrency helps you to be able to hold wealth and riches on your wallet without any fear of losing it to fraudsters.... You are simply required to keep your seed phrase safe and not share your pin or password with anybody. With all this put in place, you're good to go

 

[Prettybabe]

Cryptocurrency is here to say. I mean, at this point it should be very glaring to anyone who chooses not to deceive themselves.

With the decentralized technique used or should I say the block chain technology, it is almost impossible for any government of a country to ban it completely. They can only try. The wise sees where the future is going and gets there before anyone.

 

[springtech]

Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market. Kenya’s M-PESA system, a mobile phone-based money transfer, and microfinancing service recently announced a bitcoin device, with one in three Kenyans now owning a bitcoin wallet. (Let me repeat that again. 1/3)
Decentralization: A global network of computers use blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated.
Recognition at universal level: Since cryptocurrency is not bound by the exchange rates, interest rates, transactions charges or other charges of any country; therefore it can be used at an international level without experiencing any problems. This, in turn, saves lots of time as well as money on the part of any business which is otherwise spent in transferring money from one country to the other. Cryptocurrency operates at the universal level and hence makes transactions quite easy.
There is no other electronic cash system in which your account isn’t owned by someone else.
Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you.
It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptocurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you).
Overall, cryptocurrencies have a long way to go before they can replace credit cards and traditional currencies as a tool for global commerce.
Fact is, many people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it to be able to apply it to their lives. Businesses need to start accepting it They need to make it easier to sign up and get started.
The future appeal of cryptocurrencies lies in allowing you ultimate control over your money, with fast secure global transactions, and lower transaction fees when compared to all existing currencies.
When used properly and fully understood it would be the initiator of many emerging systems that will fundamentally change our global economic system.

Satoshi the proponent of Bitcoin and his team is my own definition of geniuses. They did a good job with what they did with Bitcoin thus giving credibility to the concept of cryptocurrency. Cryptocurrency against all odds brought about an unimaginable revolution in the history of money. Money and other financial instruments have always been centralized and regulated by the government through the instrumentality of the central bank. They do everything possible to keep their citizens under control through both monetary and fiscal policies. But with cryptocurrency, this control is done away with.

 

[Chibson]

There are definitely over 4000 cryptocurrencies in the world. As we all know cryptocurrency has caught the attention of many people over the years and of course many people are definitely shifting their focus to the benefit of cryptocurrencies. For the fact that cryptocurrency in the central line I'm nobody is controlling the price, it has made many people to adopt it as a mode of payment and receiving of payment.

 

[Godsplan]

Well, l would say in the past people were not expecting crypto currencies to move to this far because they thought it was only suitable for illegal activities. But we all have seen how time proved them wrong, and as at now, l would say there is a very high probability that crypto currencies cannot disappear again, it's already here with us whether some one likes it or not.

 

[Georgeadawara]

Yeah it really come to stay because many people did not think crypto currencies will stay to this extent this extent looking at how it effects many activities of the bank. Many people that know how to trade it no longer keep their money at bank they rather trade it now. And many people turned to millionaires over a day because of crypto currencies which no bank have ever done that and because of this many turns to crypto currencies and it is here to stay

 

[marcusfe]

There are definitely over 4000 cryptocurrencies in the world. As we all know cryptocurrency has caught the attention of many people over the years and of course many people are definitely shifting their focus to the benefit of cryptocurrencies. For the fact that cryptocurrency in the central line I'm nobody is controlling the price, it has made many people to adopt it as a mode of payment and receiving of payment.

Cryptocurrency has come to stay, there is nothing any government can do to stop it. Why I'm so sure of this? This great innovation has cause serious division among those government officials that they cannot all agree to eradicate it. Most of these government officials are the strong pillars behind the cryptocurrency market with their huge investment in it, which make absolutely impossible to destroy it.

 

[Veetos12]

Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange, these people are primed for the Cryptocurrency market. Kenya’s M-PESA system, a mobile phone-based money transfer, and microfinancing service recently announced a bitcoin device, with one in three Kenyans now owning a bitcoin wallet. (Let me repeat that again. 1/3)
Decentralization: A global network of computers use blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis. The forms of mass collaboration this makes possible are just beginning to be investigated.
Recognition at universal level: Since cryptocurrency is not bound by the exchange rates, interest rates, transactions charges or other charges of any country; therefore it can be used at an international level without experiencing any problems. This, in turn, saves lots of time as well as money on the part of any business which is otherwise spent in transferring money from one country to the other. Cryptocurrency operates at the universal level and hence makes transactions quite easy.
There is no other electronic cash system in which your account isn’t owned by someone else.
Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets held in the account, without consulting you.
It is then up to you to jump through whatever hoops are necessary to get it cleared, so that you can access your funds. With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptocurrency address. No one can take that away from you (unless you lose it yourself, or host it with a web-based wallet service that loses it for you).
Overall, cryptocurrencies have a long way to go before they can replace credit cards and traditional currencies as a tool for global commerce.
Fact is, many people are still unaware of cryptocurrency aka Digital Currency. People need to be educated about it to be able to apply it to their lives. Businesses need to start accepting it They need to make it easier to sign up and get started.
The future appeal of cryptocurrencies lies in allowing you ultimate control over your money, with fast secure global transactions, and lower transaction fees when compared to all existing currencies.
When used properly and fully understood it would be the initiator of many emerging systems that will fundamentally change our global economic system.

This is a nice write up on why crytocurrency has come to stay. It has given mean a more knowledge about the value of crytocurrencies and why I should invest.