UNLOCKED! FIVE HIDDEN BENEFITS OF CRYPTOCURRENCY

Searching for a better way to transact business without going through stressful and unnecessary government procedures? This article provides genuine reasons to invest and utilize cryptocurrency, the best alternative to other traditional currencies.

• LIBERATION OF CURRENCY FROM GOVERNMENT’S CONTROL
  Outside the direct monopoly of national banks, cryptocurrencies provide a dependable method of exchange. This is a saving grace for people, who are always bothered about quantitative easing and other forms of loose monetary policy, such as near-zero inter-bank lending rates.

• PROTECTION OF INDIVIDUALITY AND PRIVACY
  Confidentiality and inscrutability were principal concerns for first cryptocurrency promoters and this concern has caused a worldwide change. Cryptocurrency users adopt ‘nom de plume’ unconnected to any information, accounts, or stored data that could identify them.
  NOTE: it’s possible for sophisticated community members to deduce users’ identities; newer cryptocurrencies have reinforced a protection, which makes it much more difficult.

• INTERNAL PAUCITY INCREASES VALUE
  Majority of cryptocurrencies are configured for scarcity: the basic code stipulates the number of units come into existence. By the virtue of this, cryptocurrencies are more valuable than fiat currencies. Similarly, like precious stone, they may offer inflation protection unavailable to fiat currency users.

• IMPROVED, CHEAP AND EASY MOBILITY
  Cryptocurrencies’ safety measures eliminate the need for a third-party payment processor – such as Skrill or PayPal – to authenticate and verify every electronic financial transaction.
  Also, this abolishes the need for mandatory transaction fees to support those payment processors’ work. Cryptocurrency transaction fees are generally less than 1% of the transaction value, versus 1.5% to 3% for credit card payment processors and PayPal.

• SLIMFITTED OBSTACLES AND COST FOR GLOBAL DEALINGS
  Unlike traditional currencies, which demarcate domestic transactions from global transactions, cryptocurrencies have no regard for distance or national differences. This is a huge advantage relative to international dealings involving fiat currency, domestic ATM fees and direct international money transfers (which can be very expensive).
  
  -SAMSON MIRACLE