Benefits of a Decentralized Currency •A bank-less currency is free of national monetary policies. For residents of countries that have destabilized fiat currencies, a decentralized currency can serve as a stabilizing agent and an alternative. •A decentralized currency insulates customers from bank failures and collapses, as well as exuberant bank fees and aggressive bank policies. •Payments are borderless, allowing for seamless and cheap international payments despite current limits on transnational fiat payments. •The only requirement for using decentralized currencies is the ability to obtain and use a wallet. This makes decentralized currencies attractive to the underbanked/unbanked populations. •Decentralized currencies are not subject to geographically-based exchange rates, meaning that goods and services bought with decentralized currency will not be devalued due to tariffs or unfavorable changes in national monetary values. •Decentralized currencies are a real-world demonstration of blockchain technology, fueling further development of decentralized applications. Source: https://www.bitcoinmarketjournal.com/decentralized-currency/ Good evening people, let's keep spreading awareness and rectify any false info we encounter regarding cryptocurrency and BCH. Stay safe.
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