In the name of God, I am Erfanzadeh, the author of this article on the Turbo Polycrypto website.
In this text, I will explain two important benefits of crypto technology in detail and at the end I will discuss some important points in the field of currencies.
So far, all the technologies that have been developed and tested by humans have their advantages and disadvantages.
This issue includes cryptocurrency technology. The new industry of digital currencies has its advantages and disadvantages.
First, I will clarify two important benefits of crypto technology for you, then I will discuss the disadvantages of this industry.
The first benefit of virtual currencies will be the removal of financial restrictions around the world.
Cryptocurrency technology came into use with the opening of Bitcoin with the aim of eliminating intermediaries, saving time, and dealing with inflation, etc., and using this technology means removing financial restrictions and obstacles.
With Bitcoin and blockchain technology, you don’t need to go to crowded banks and lose a lot of time to move your assets.
The second advantage of this technology is the decentralization of this global financial system.
Decentralization prevents governments from manipulating money and interfering in people’s financial affairs, which is an important advantage because no government can be fully trusted.
Will you trust the cryptocurrency industry or your government?
Please think about my questions and explanations, I am sure you will come to a conclusion!
This technology has many more benefits that if you are active in the cryptocurrency market, you must have received the benefits of this industry.
But the disadvantages of the cryptocurrency industry
One of the biggest flaws of the cryptocurrency industry is the lack of support and lack of dependence on governments.
Due to the fact that the decentralized government of Bitcoin is not under the control and supervision of any government or country, some people do not trust this technology at the moment.
Of course, this case is currently considered a disadvantage, newly born humans will have Bitcoin as their money.
Lack of knowledge of the people of the world about digital currencies, the general people in the real world are strangers to this issue.
Because Bitcoin, with its freelancers, has yet to be seen in the real world to the extent that everyone pays for it.
In this article, we are not going to discuss the flaws of the cryptocurrency industry, but share what you have in your mind about the crypto world.
Of course, remember that with Bitcoin technology becoming a global currency, more benefits await this industry.
Thank you, author: Irfanzadeh/Iran
