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Why use cryptocurrencies?

pastorevPosted for Everyone to comment on, 5 years ago5 min read

Hello dear readers!

For some time now the subject of cryptography, the future of cryptocurrencies and their massive adoption has been discussed, campaigns and promotions are being carried out, generating a debate with conflicting opinions. With this publication I want to motivate all those who have no knowledge or are skeptical of this technology to try and know the benefits that it represents.

Some say that cryptocurrencies are the solution to all the problems of money Fiat and that these should replace it to be used in all commercial exchanges, others say that the two forms of exchange should coexist, while the detractors talk about their use in illicit businesses, there are radicals that qualify as an illusionary fantasy, that the crypts are not real money.


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However, despite all the opinions for and against there is a certain fact that we can not deny, cryptocurrencies continue to advance very well although there is fear in some sectors that it is a "bubble" that is deflating in Any time many investors do not seem to care about this and the trust in crypto continues to increase.

Now, why use cryptocurrencies? ... I am one of the people who declares himself a fan of crypto or cryptocurrency enthusiast and as I understand more about this world of cryptography, I defend and promote its use, possession and Adoption for some reasons that I will expose quickly and easily.



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Financial Freedom

Among the many reasons why I recommend the use and possession of cryptocurrencies, I want to highlight this. The decentralized feature of cryptocurrencies allows you to have control over the amount you have, since you do not depend on any financial institution for the movement of your funds, you will only be limited by internet and some mobile device or PC to mobilize the amount of funds you need move at a certain time, in the case of Venezuela there are limits established by banks to mobilize in each transaction (Fiat Money), However, in the case of cryptography you have access to the amount you need to mobilize in case of an emergency.

Imagine a world where salaries are in cryptocurrencies, commercial exchange, acquisition of goods and services are made with cryptocurrencies (mass adoption), you have control of your financial movements through your personal wallet with your unique password to which you can have access 24 hours a day.

It's part of the freedom that crypto gives you!



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Security

Regarding this feature I must say that the coins generated by the bockchain are protected by encryption, it is an encrypted information that protects your investment from hackers. I must also mention in terms of the possession of your funds, these are stored digitally in wallets, purses to which only you have access through a unique key that only you own and if you take care well no one else can access your funds, although There is a risk that if you lose your password you may lose your funds but there are different wallet options that you can use to have more control or security of your funds.

To know more about these purses and their types, I recommend you read this publication of my good friend @jadams2k18: Wallets. How many do you have?



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Practical use

Many people when they hear about cryptocurrencies in technical and complex terms feel as if the use of cryptocurrencies is something that is out of reach, however, the use of cryptocurrencies is something practical and simple to which all people can have access, you only have to have a mobile device or PC and Internet connection, so if you have how to invest you can get a wallet, buy cryptocurrencies, or enter a project where you can get and start familiarizing with them, although now there are few shops that accept them more and more people are joining this method of payment, however, there are countries where there are different exchange houses where you can convert your crypts to fiat money.

In the case of Venezuela, crypto has become an alternative to protect your savings or your capital from the severe devaluation that exists in our country.

Conclusion.

A message to all the active communities in steemit, SprtsHub, Whaleshares, Weku, CBNT and any other means within our reach including traditional networks, we will promote the use and adoption of cryptography as a truly fair means of commercial exchange, Free and safe in such a way that the adoption of this system will bring forth a new global economy.

I do not consider myself an expert in cryptography but I am trying to educate myself and share my knowledge and my passion with other people. I want you to share your opinion about this topic and make some contribution that may interest those people who still look at cryptography from afar, give them the opportunity to approach this fascinating world.

I am happy to receive your comments!!


@pastorev

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