Quick Thoughts: Why Cryptocurrency Is The FuturesteemCreated with Sketch.

in bitcoin •  7 years ago 
  • Decentralization - No more need for the middleman. Not controlled by one entity.
  • Faster Transactions - Businesses can operate more quickly. Banks and large companies can move money around more quickly.
  • Ability to transfer money to anyone in the world and have them receive it in a useable and understood currency.
  • Lower inflation rate due to a known finite supply of the currency.
  • Lower transaction fees. This goes hand in hand with eliminating the middle men.
  • Adaptability - Different currencies can exist that are built on blockchain. These different currencies can be designed with specific things in mind.
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7 years ago by

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