- USD
- $0.0000USD
- Biznotes
- 0
Personally, I see cryptocurrency as another way I could earn money online and it has really been helpful to me though. And I believe in no time it will gain do much popularity that even the government can't stop it
Added to your definition understanding is also volatile because they are all the coins like this table comes that can be used to exchange and cannot be touched but they are not volatile which doesn't make them cryptocurrency like all the digital version of Fiat currencies.Crypto currency in my understanding is a digital money that cannot be seen nor touched but can be exchanged into a form of money you can feel if need be.
To me , crypto currency entails the three facts you just stated here , its the comic of the people in the sense that people can use crypto currency even when the government tries to stop it, government cannot control it online, its also a form of investment where you can use your coin to invest and get a good return.As we all know, crypto currency is a digital currency that cannot be seen with the physical eyes neither can it be touched. I have come to realize that to others it is not that simple. Alot of persons view crypto currency in one way or the other.
THE VOICE OF THE PEOPLE
There are some group of persons who see crypto currency as not just a digital currency but to them it's a voice to the current government. It is a symbol of the type of system they want to live in. A system where the government nolonger have the power to manipulate how things are done, a system where power is no longer centered in one body but decentralized.
A FORM OF INVESTMENT
There are the group who sees crypto currency as just a form of investment for them to get rich quick or simply a means to escape unemployment and poverty.
A REPLACEMENT FOR PHYSICAL CURRENCY
And there are the group who sees crypto as the future, they believe it would come a time where there would nolonger be need for paper money or even our flat currency, every transaction would be done through crypto, thus creating a cash free world.
What about you? What do you see crypto as?
From your first statement, do you think it's safe to say crypto currency and all that it stands for is completely against the government in general?To me , crypto currency entails the three facts you just stated here , its the comic of the people in the sense that people can use crypto currency even when the government tries to stop it, government cannot control it online, its also a form of investment where you can use your coin to invest and get a good return.
Sure I totally believe what you said, crypto currency is not owned nor control by the governmeng, but what if it is control by the government, won't you invest on itCrypto currency is a form of investment to me because it is not control by any government that's what give me confidence to invest in it.