Been asked a couple of times, what problems does cryptocurrency solve, and what’s its unique value proposition compared to other cryptocurrencies or traditional financial systems. Would love any other users take on this ..
The issues cryptocurrency has solved and still solving are many. First of all, the authorities in the world can not control, monitor your account or wallet because it is decentralized. That is, it has solved your financial freedom from the government. Secondly, your investment and trading can elevate the poverty in your life. Cryptocurrency has made me to acquire a lot properties in my life. Only my life bitcoin has solved 80% of the problems.
No one really can control your account or wallet if you are using Bitcoin, but in the end, if it goes to a bank when you convert it to other fiat, that is the time that they can control it, but still, they don't have total control over your money. Also, one of the things that crypto or bitcoin solves or helps us with is our financial situation. I mean it brought us money and profit that we can use, and we treat it as a side hustle while we work. Even others got rich and bought some expensive stuff, so it solved people's needs and wants.