Can we rely on Cryptocurrencies like Bitcoin?

Dar Es Salaam, Tanzania

May 27, 2018 10:43am CST

Yes;- Future belongs to technology. Cryptocurrencies make peer-to-peer financial transactions a lot easier. This currency can be sent from any part of the world to any part of the world. Hence there will be no struggle of exchanging the currencies like Dollar to Rupee etc.

6 people like this

5 responses

@inertia4 (27960)

• United States

27 May 18

Honestly I don't know. I don't think enough people know about Bitcoin. Or any currency like that. And the powers that be will find a way to get their grubby little greedy hands on the system.

1 person likes this

• Dar Es Salaam, Tanzania

27 May 18

While travelling the world, there will no hurdle of exchanging our currencies with local currencies.

1 person likes this

@inertia4 (27960)

• United States

27 May 18

@kadox1 I know. But who knows if and or when that will ever happen.

@mohit459 (12565)

• Haldwani, India

27 May 18

No I think... Fully relying on them is not a good option in near future

• Dar Es Salaam, Tanzania

27 May 18

may explain a little bit why its not good to rely fully on them

1 person likes this

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@allen0187 (58582)

• Philippines

28 May 18

I think we can but it will take a lot of time before everyone truly embraces cryptocurrencies.

@CookieMonster46 (13454)

• United States

27 May 18

I have no experience with either.

@august18 (3907)

• Tunisia

29 May 18

Welcome to mylot. Enjoy.