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11/13/2024 4:32:51 PM (GMT+1)

Why is cryptocurrency even needed?

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Cryptocurrency is not just a trend, but an innovative financial phenomenon that is transforming the global economy. The main value of crypto lies in its decentralized nature, which eliminates the need to trust intermediaries such as banks. This ensures higher security and transparency of transactions. Furthermore, cryptocurrencies enable instant transfers worldwide without restrictions and with low fees, which is especially important for people working in international business. Anonymity and the ability to bypass traditional financial systems make cryptocurrency a sought-after tool for investors and users.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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