Over the years , crypto currency became popular all over the world. Nowadays you can see merchant who offered Crypto currency payment in their stores but despite of this , we all know that government is against crypto currency because it is decentralized. The government has no authority when it comes on holding it unlike other currency in different country wherein the government has the control on it thats why crypto currency becomes a threat to all the banks.
Now I will going to ask you a question.
Are you going to invest on something that serves as a threat on the government?
Whatever your answer is. I want to show you the benefits of having/using crypto currency.
It has no middle man.
When it comes to crypto currency , there's no middle man involved that why the transaction is more faster , easier and no additional fees.
What I love about crypto wallet is that you can access it by your own. No need a lot of requirements and forms to filled up unlike the banks and the transaction is easier and faster. Like in Bitcoin.com , when you withdraw your earnings in Read.Cash it takes seconds to be able to received your money.
It is more confidential
Every crypto currency transaction is unique. Through this , user of crypto currency are protected by identity theft. Technology is a big help to crypto currency. It is decentralized that why government has no control over it only the network. This is also the reason why it can't be manipulated for other agendas.
Government are threatened because of this. It is more confidential. I remember when I read about the deep web. The form of payment there is Bitcoin when they are buying firearms and government has no control over it.
And Crypto wallets has also 2FA and seed phrase that serves as your security on the wallet. Just secure you seed phrase because it you key.
Can help the unprivileged.
Nowadays , most people has the access on the internet than banks and other exchanger though most of the banks here are already have online banking but not all have the knowledge for that or to save money on bank because there's a require amount to open an account. Crypto currency opens the opportunity to help those unprivileged man.
Like in noise.cash and read.cash , you don't have a bank account but you can save Bitcoin Cash and create crypto wallet in a comfort of your own home.
International exchange became easy.
That is one of my favorite benefits on crypto though I never tried to do it but the idea of sending crypto all over the country is so convinient. You don't need to go on exchangers and change the currency , just open you crypto wallet and send it to your love ones overseas. How convenient is that?
Timely
Crypto currency is somewhat in trend now. It became a topic when Bitcoin prices rises form 2017 to 2019. Also the Bitcoin Cash of course. The growth of our coins became a trend and the community of Bitcoin Cash became bigger 💚 For all the users of read.cash and noise.cash , Bitcoin Cash is a part of our everyday life.
Crypto currency is the currency of modern days. It is the money on the internet , cashless and easier. I remember when I said to my friends that can I transfer my payment through coins.PH , she said " Wow Millennial " .
Crypto currency . Our digital and global currency.
Source : https://www.foxbusiness.com/money/what-are-the-benefits-of-cryptocurrency
Thank you @DrNums for the generous tip.