Why cryptocurrencies better than credit card

People who use cryptocurrencies said that cryptocurrencies are the next evolution of money. But can cryptocurrencies outperformed credit card in terms of cashless payments/transactions?

Below are the advantages of using cryptocurrencies than credit cards.

• Worldwide access – In credit card only people who have stable jobs or businesses can access the credit cards because of financial status that they had. While cryptocurrencies can be access by anyone in the world even in you live in a third world country. In can be bought and sold worldwide and if there are billions of people who can access the internet there are also a possibility that billions of people are now using and mining cryptocurrencies.

• Cards fees are expensive – In CBS credit card I paid almost PHP500 or almost 10 US Dollars for processing payments but in crypto it is almost free.

• Lower risk of fraud – When you use your credit card there are many people you are involved and can access you personal information but in cryptocurrencies if you use a payment platform that is secured the transaction can be done in seconds and only the payment platform and you as a buyer knows the information you put. No other person involve in the transaction. A clean and fast transaction.

I hope you learned something from this article. I'm not a pro in here I'm just sharing my perspectives in comes to cryptocurrencies. So if you have a better understanding about the topic please do comment below and if I put some misinformation in this article please do comment below and educate me. Thank you and I'm hoping for your feedbacks.