greetings to the community @Hivelearners
Since the world is getting more and more sophisticated, all work is easily done quickly by using technological tools ranging from office work to agriculture, cryptocurrency has since become something and has received world attention rapidly, the more modern the world is, the more cryptocurrencies are used as currency for trading. buying and selling money in the week to come, while digital money is only history in the future.
many governments are against cryptocurrencies while others embrace it. What about us as individuals in need of crypto money or digital money? Do we prefer digital or crypto forms of money? Or we like both of them, then what if we choose both while the world is always changing, it is clear that in the future crypto currency is prevailing in this modern world and crypto money is the currency used in our lives to meet household needs.
Unconsciously the world will gradually advance and all of our needs will change in the blink of an eye, it's just that we will choose crypto currency or digital currency, directly we use physical money or cash known as legal tender currency and generally more acceptable in the confines of one's country and surroundings.
Among the physical currencies around the world, the US Dollar is much more recognized and recognized as the international standard currency which is generally accepted worldwide. Despite the fact that physical money is a legal tender currency, there are many limitations that it brings, therefore the reason for alternative means that make it easier, accessible and faster is digital currency which has been helpful and transactional than digital currency. paper Money.
1. Easy to buy goods by only exchanging currency for goods
Anyway, it's easy in everything if it's digital currency or paper money, while crypto money has a lot of complaints, among others You have to sell it to the market and then change it to your country's currency and then you can turn it into digital money, there are a lot of complaints if I value crypto currency because crypto currency is a currency which is basically a collection of kion so that it becomes one crypto currency according to my personal view then what about the answers of the people around us regarding this crypto currency.
If the currency in physical form or cash is known as a legal tender currency and is generally more acceptable in the confines of a person's country and surroundings. Among the physical currencies around the world, the US Dollar is much more recognized and recognized as the international standard currency which is generally accepted worldwide. Despite the fact that physical money is a legal tender currency, there are many limitations that it brings, therefore the reason for alternative means that make it easier, accessible and faster is digital currency which has been helpful and transactional than digital currency or paper currency.
For today as technology and information develop, Cryptocurrency also participates in competition and exchanges goods and currencies. Cryptocurrencies have also become sustainable digital assets. Although often fluctuations in their price value are cause for concern as most altcoins are rather volatile.
The previous digital crypto asset for $200 was in 2020 yesterday if I'm not mistaken it may have changed to $50 today, while the other $20 might turn into $55 today. The cryptocurrency is very volatile for today's world. Indeed, the growth in the value of the cryptocurrency price depends on how much value is needed by buyers or sellers in a certain period of time. The more people buy crypto, the higher the $price crypto is valued and vice versa.
Digital crypto alts can be easily exchanged for tokens of your choice or stable coins. A stable coin like HBD for example is the equivalent of $1. This benefits you during the devaluation of your local currency and helps build stable and sustainable standards for all investors and shareholders. This is not easily possible with fait banknotes.
In getting the product you want, alibaba or jumia is very easy to do with digital money or Crypto. One can book plane tickets, make hotel payments online, buy landed properties at the right time using digital currency. Trading is easier than ever this way.It is more secure and accessible than physical money. Talking about security, blockchain is the most secure platform for digital assets and crypto transactions through blocktrades. Moreover, hive blockchain for example makes it easy for people to only see your wallet but it is impossible for anyone to tamper with your account as long as you keep your own private key while banknotes can be stolen if not stored properly in a vault or a bank account.
This helps eliminate the use of middlemen when transacting or investing. When investing in cryptocurrencies, there is no need for a centralized authority to assess your account. This, indeed, is a step forward. You control your digital money at your fingertips whereas crypto will soar in your future. You don't need anyone or a cashier to help monitor your account or state your balance. You are entitled to your account and can do whatever you like with your free will. This is one good thing about holding money or digital assets.
With these few points I have expressed the hope that you will be able to discuss with me why I decided to choose crypto over fiat money. This is my entry for the weekly feature contest for week 6 edition-3
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That's all I can say tonight where there are mistakes and awkwardness in the words or taste that I share, please forgive me because there is much more to learn in the procedure for writing words or pictures
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