4 REASONS CRYPTOCURRENCY IS THE FUTURE OF FINANCE

in hive-152587 •  4 years ago 

cryptocurrency-coins_73426-78.jpg

1- The Dawning Of Decentralized Finance (DeFi)
The need for transparent, secure, and accessible financial systems is said to be mounting and becoming more obvious. This is believed to be caused by the current centralized financial system’s continued failure to provide financial freedom and credibility to users. Many see decentralized finance or DeFi as a system that can offer more transparency and better transactional security and replace some conventional financial processes soon.

2- Varied Values Of Cryptocurrency
While cryptocurrency doesn’t have an intrinsic value, it holds value in the following ways:

-Payments
-Value Storage
-Stable coins
-Privacy
-Digital Access and Ownership
-Digital Gold

3-More And More Actors Are Becoming Receptive
Cryptocurrency is believed to be increasingly becoming a more acceptable financial system.

4-Transactional And Banking Benefits

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