Why Cryptocurrency is Better than Ordinary Money
For some reason, many users who have just begun to study cryptocurrencies tend to link the American dollar to the value of cryptocurrency. This view of the situation in the crypto industry is fundamentally wrong. The dollar has no influence on the value of crypto because, although the dollar is the main currency in the world, this comparison applies only to ordinary currencies.
Cryptocurrency and its price are influenced by other factors, such as user demand, projects that use the coin, market demand. The cost of cryptocurrency completely depends on how much demand there is from both users and IT products.
Cryptocurrencies were originally conceived by their creators as a complete alternative to traditional money. Bitcoin and other cryptocurrencies are arranged in such a way that their value is not affected by the exchange rates of traditional currencies. They are not subject to inflation. You can withdraw cryptocurrency from your account at any time. By investing in cryptocurrencies, you remove the risk of depreciation and inflation. If your money is invested in cryptocurrency, it is protected because only you can dispose of it.
Cryptocurrency is the money that people need in the twenty-first century. It is fast, reliable, and secure, it’s controlled only by you, and it can be managed at any time from anywhere in the world!