What is your favourite thing about crypto?

Question

Since I am a Digital Nomad for the last several years, I really enjoyed the fact that I can use crypto in any country (where it is not forbidden). I don't need to pay huge exchange fees, and don't need to open local bank accounts. I believe that in the next several years more companies would accept crypto payments. And life would become simpler in this way.

Daniil Okhlopkov · Accepted Answer

@alpha_omega_cat Fiat-to-Crypto and backward is a common problem right now. Due to regulations, this would be expensive and long (you need to pass KYC). I hope in the future this will be simplified or become completely decentralized! 😎

Amanda Trincher · Answer

I like its popularity more, many companies and more projects accept cryptocurrency as payment. This inspires confidence. From Tesla to small companies or shops and pizzerias. Also, I read in the article https://observer.com/2022/08/top... that even gambling projects began to practice this

Daniil Okhlopkov · Answer

Nice thing is that I don't need to use centralized exchanges (like Coinbase or Binance) to convert tokens or move them between blockchains. There are a lot o Decentralized solutions (DeFi) that already popped up in the crypto world.

Luisa Lu · Answer

Recently, many members of the cryptocurrency community have noted the rapid growth of the virtual currency Ripple. As of today, the capitalization of this digital currency is more than 50 billion U.S. dollars. Thanks to this, the currency has risen to the 3rd place in the list of the world's virtual currencies. This event attracts me to cryptocurrency and I want to invest in its development. At the moment Ripple has surpassed Bitcoin Cash currency in terms of capitalization and plans to surpass Ethereum I read this in the sources https://www.thecoinrepublic.com/.... And, most likely, it will succeed. Today it's time for many to think about the value of Bitcoin, otherwise we will be back to the banking system, which will again consume all users.

Neal Armstin · Answer

"Hi! I earned money for my new car by trading cryptocurrencies, although I soon lost quite a lot on it... After that I started to invest in cryptocurrencies much more cautiously, and now I follow the advice and found a reliable place to buy bitcoins with prepaid card . If you too don't want to spend too much time on cryptocurrencies and just provide yourself with passive income, then do as I did."

Emily Harris · Answer

The crypto market offers plenty of opportunities. I mean not only trading but other options too. I plan to start a new crypto exchange but it's necessary to obtain the crypto license first. Has anyone applied to this company https://www.estonia-company.ee/ already? Is it faster to get the license in Europe?

Paweł Krok · Answer

@emily_harris Hi Emily! This is well-known company especially for non resident. If you need more info about taxes in Estonia - you can download a free guide https://eesticonsulting.ee/get-a...

robiul haque · Answer

crypto is my favorite digital currency

Answer

Cryptocurrency is truly a revolutionary journey... I can remember several years ago when I had to make a trip across my country  working as a sales person, delay in transactions always makes my business slow but now Cryptocurrency makes life simpler and makes me feel on top the world. Best feelings ever.

Kirman Smith · Answer

Cryptomining is absolutely legal, and it is really great point to invest money. For this reason, I have chosen this great platform https://ecos.am/en/cloud-mining#/ where is an opportunity to mine cryptocurrency without any problems. The service is having an understandable interface, which is effective for new users. Also, you can choose between cloud mining or mining on a special device.

What is your favourite thing about crypto?

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