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 ..
Won't go into details but here are a few issues that is solved by cryptocurrency.
1. Privacy
2. State surveillance
3. Borderless payments
4. Banking
Cryptocurrency actually empowers you to have complete control of your finances without the intervention of any 3rd parties.
Agreeing completely here .
1. Privacy - Though it is not completely anonymous yet we can at least same some privacy for our transactions.
2. State Surveillance - it can , but it cannot depend on which who will conduct the surveillance .
3. Borderless Payment - This is I will 100% agreed because no matter where we are as long as there is availability of crypto and internet , we can transact .
4. Banking - this will end the Banking corruption for sure.
about the empowerment ? yes this is what we have here .