Is CryptoCurrencies the next big thing? / myLot

November 17, 2018 3:50pm CST

With the technological advancement I bet the digital coins are the next big thing which will replace the money we are using now. There will be no need of carrying physical money and by that transactions will be fast, cheap and more secure.

4 people like this

6 responses

relcap23

@florelway (23286)

• Cagayan De Oro, Philippines

17 Nov 18

I have not fully understand the mechanics but I have emoney and I used to convert my pesos to coins but I stopped. Prices of Bitcoin dropped more than halfway.

2 people like this

Enocent Masha

@Enocent (20)

•

17 Nov 18

It's easy. Just read about cryptos generally then yo'll select the coin you wanna deal with. There are various coins.

1 person likes this

Enocent Masha

@Enocent (20)

•

17 Nov 18

Yeah...the bad news is that the prices keep on changing. So I personally prefer long term investment.

1 person likes this

relcap23

@florelway (23286)

• Cagayan De Oro, Philippines

17 Nov 18

@Enocent yeah I will do more readings.

1 person likes this

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dave

@dave121495 (1296)

• Philippines

18 Nov 18

I think not just imagine digital coins on wet market.

2 people like this

Pinay Ako

@AkoPinay (11544)

• Philippines

19 Nov 18

yes I can imagine QR Scanning when buying fresh seafoods. It's just fine as most people nowadays have android phones. The buyer and seller only need an ANDROID device to receive payment. I think even the poorest of the poor could learn how to do it too.

1 person likes this

dave

@dave121495 (1296)

• Philippines

19 Nov 18

@AkoPinay Wow, i didn't think of it. I just thought about laptops. TThe idea is plausible if you look at it.

1 person likes this

Pinay Ako

@AkoPinay (11544)

• Philippines

19 Nov 18

YESSSSS we only need to carrry an iOS/Android phone for QR Scan instead of leather wallet with cash or credit/debit cards to send/receive payments anytime anywhere.

CryptoCurrency is the best alternative to all types of traditional MONEY TRANSFERS - it is the cheapest and fastest compare to wire/telegraphic transfers, Western Union, MoneyGram, PayPal, etc. People should think of REMITTANCE & OTHER SERVICES available thru Crypto Exchanges not of INVESTING only. CryptoCurrency is not all about investing.