Post
Topic
Board Bitcoin Discussion
Re: Does cryptocurrency actually solve any problems?
by
Peanutswar
on 02/08/2023, 13:50:07 UTC
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 ..

Somehow it does, makes the transaction more transparent and secured, people previously got scammed by unknown sources with the use of cryptocurrency now you can use as heads up if the transaction proceeded or not but the problem right here is, they can still do the same just create a new wallet without activity but if you are making a transaction you can see now if the other party are really saying that they proceed the payment or not, also its being decentralized but most of the people keep using the centralized process because of being convenient. Also the crypto makes more easier to use as mode of payment just waiting for the confirmation.