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What Makes Cryptocurrency Exist? in General Cryptocurrency Discussion_699f63db47cb2

What Makes Cryptocurrency Exist?

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joshgandosh

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maybe what causes the eye that is crypto or especially this bitcoin arises is the wants of the payment system that is univerasl and simple
#16 - August 30, 2021, 11:31:42 AM

amitcryptoguy

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Cryptocurrency is probably the hottest topic on earth right now. One can go on the internet and find whatever they want to learn about them. But here is a catch! Not everything that?s on the internet is true! There are even people who claim to know every aspect of it. But like any financial fact, it?s better if it?s validated from a genuine source.
The primary purpose of cryptocurrency is to overcome the issues with the fiat currencies by decentralizing the finances and putting the power solely in the hands of the currency holders. By doing that the powers that are held by the governments and the financial institutions will be nulled that can solve problems like inflation and agency charges.
#17 - November 20, 2021, 08:18:19 AM
« Last Edit: December 01, 2021, 04:48:09 PM by Mikser »

Trader Hijrah

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Maybe this is based on the desire to make a universal transaction freely, it's not like when we have to use conventional money
#18 - February 08, 2022, 11:56:34 PM

Kardel Sharpeye

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Cryptocurrency exists as a decentralized digital currency that is based on blockchain technology, which allows for secure and transparent transactions without the need for intermediaries such as banks. Crypto trading involves buying and selling digital currencies on exchanges, which are platforms that facilitate the exchange of cryptocurrencies for fiat currencies or other digital assets. The value of cryptocurrencies is determined by supply and demand in the market, and is subject to high volatility and speculation.
#19 - March 04, 2023, 01:28:51 AM

Ikhtiar

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According to what I've read, cryptocurrency exists because it combines the modern world's need for a faster, more transparent, and more independent financial system. Blockchain technology allows peer-to-peer transactions without the need for banks or central authorities, resulting in lower costs and more efficient processes.
#20 - February 06, 2026, 10:55:01 PM

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#21 - Today at 08:57:11 AM

eaforex5

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You're right, crypto is very transparent, and the shipping process is very fast and cheap. Shipping costs are also trackable.
#21 - February 07, 2026, 10:12:41 AM
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Ikhtiar

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Quote from: eaforex5 on February 07, 2026, 10:12:41 AM
You're right, crypto is very transparent, and the shipping process is very fast and cheap. Shipping costs are also trackable.
Crypto transactions are typically permanent and cannot be reversed if a transfer error occurs. Therefore, it's important to ensure the destination address is correct before making a transaction.
#22 - March 09, 2026, 09:47:58 PM

Ikhtiar

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Quote from: Unyil77 on May 29, 2021, 12:26:03 AM
Possible to compete with the USD which dominated the world, then there is a desire to make a rival currency that is universal, so that in the end the whole world will use it, of course with more simple and flexible
The desire to create a more universal alternative currency is not new. Many argue that the global financial system would be more balanced if it weren't reliant on a single dominant currency.
#23 - March 13, 2026, 09:22:58 PM

Ikhtiar

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Quote from: Trader Hijrah on February 08, 2022, 11:56:34 PM
Maybe this is based on the desire to make a universal transaction freely, it's not like when we have to use conventional money
It's true that the birth of systems like Bitcoin was driven by the desire to create more universal, freer transactions that don't rely on third parties like banks. With blockchain technology, people can send money across borders without the lengthy processes of conventional financial systems. This is why crypto is often referred to as "global money."
#24 - March 21, 2026, 10:41:10 PM
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