How is Cryptocurrency and Crypto-Technology Useful? Explain in 5 words or Less

How is Crypto Useful? Explain in 5 words or Less

Try not to read others responses and just write your own before reading.

example of way to explain.


Crypto-currency

1. blah
2. blah
3. blahbityblah

Other Crypto-Technology

1. bloop
2. blop
3. blam

This is a common question. And I have my own answer but I wont post it here. I'll make it the first reply. Love to see replies.

Cryptocurrency

1. Global payment system
2. Faster payment
3. cheaper method of money transfer

Crytpo-technology

1. easier way to pass inheritances
2. payment-contracts solution in 1

Cryptocurrency
- private digital cash

Crytpo-technology
- alternatives are good

1- Do your own homework yourself.

I would have answered if the question was for how useful blockchain technology is. I'm wondering what is "crypto-technology". Cryptocurrencies are merely one of the many use cases of blockchain technology secured by cryptography. Anyways, each one to their own as far as understanding things are concerned.

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alurosu said:

Cryptocurrency
- private digital cash

Crytpo-technology
- alternatives are good

Click to expand...

is it private though?

safeSEOboost said:

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Click to expand...

Yes, it's funny. Before, when cryptos was just for 'shady business,' there was actually less shady shit going on with cryptos. The super ironic fact.

efficiently, secure, autonomous value logistics.

GNews said:

is it private though?

Click to expand...

ZEC, XMR

Crypto-currency

1. Shill shtcoins
2. Rug-pull on people
3. Make a little money
4. Lose all your money
5. You'll never beat the whales
6. Starvation and war everywhere IRL but people invest in virtual coins

Don't waste your time with it. Your time will be more well-spent doing traditional e-com or affiliate marketing which works for making money, not losing it.

For transactions, the system is doing good things. But for investing, just don't. Too much market manipulation. You can't even be sure that the people shown to make millions of it on Youtube are not insiders manipulating the masses.

Buy and let it explode.

This is the future.

mmubeen8 said:

This is the future.

Click to expand...

And the present.

Detailed one now : Many sellers have already replaced paypal with crypto as payment method and most of the buyers now accept this change. In future it will be more common.

k2h2 said:

Detailed one now : Many sellers have already replaced paypal with crypto as payment method and most of the buyers now accept this change. In future it will be more common.

Click to expand...

Good one, seriously:

Cryptocurrency:
- replace paypal!

anonymous
untouchable
decentralized

Crypto makes us rich.

Decentralized, Faster payments, Global connectivity.

GNews said:

How is Crypto Useful? Explain in 5 words or Less

Try not to read others responses and just write your own before reading.

example of way to explain.


Crypto-currency

1. blah
2. blah
3. blahbityblah

Other Crypto-Technology

1. bloop
2. blop
3. blam

This is a common question. And I have my own answer but I wont post it here. I'll make it the first reply. Love to see replies.

Click to expand...

Creates
Generational
Wealth

for those that are patient enough

Transfer money to any country, any amount like sending an email.

Crryptotechnology is better than cash because it can used in all areas.