Forex Zone - Forex Forum

What Makes Cryptocurrency Exist?

Discussion started on General Cryptocurrency Discussion

  • Hero Member
  • Posts: 1075
  • Points: 386
  • Likes Received: 8
  • Reputation: +0/-8
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

  • Starter
  • Posts: 5
  • Points: 506
  • Likes Received: 1
  • Reputation: +0/-0
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 »

  • Hero Member
  • Posts: 1309
  • Points: 1095
  • Likes Received: 11
  • Reputation: +0/-7
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

  • Hero Member
  • Posts: 2167
  • Points: 2732
  • Likes Received: 3
  • Reputation: +0/-11
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

Members:

0 Members and 2 Guests are viewing this topic.