What are the incentives that users have to move from traditional banking to crypto?

Jaguar110

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What are the incentives that users have to move from traditional banking to crypto?
 

Ailmand321

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Decentralization, being able to transact anonmously without the use of thrid party and with ease. Using cryptocurrency cuts off the time you had to spend falling in line, doing paper works and waiting for days fora certain transaction, not to mention the fees and interest you had to pay.
 

Genemind

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It's independent currency and it doesn't depend on banks which we could consider as its edge. It's convenient to use since it's a digital currency and we're in control of our own funds. Financial freedom is what we really need and we could find it in cryptocurrency.
 
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Blowon

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What are the incentives that users have to move from traditional banking to crypto?
I could not say what is kind incentives will be given to those users move gtom traditional to crypto. You still need a traditional to make your life smooth or fine. Since you still controlled by country or politic system, you'll get all your benefit as according to what they offer.

But you will get more be freedom on your financial like spending without third party, spend money without pay large of tax. No border to spend your crypto anytime and every time as long you can get access the internet.
 
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xvids

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Being Decentralized and making an anymous transaction and also low transaction fee.
You could also count that it is so easy to create wallet unlike in opening a bank account.
 
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00016

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The liberty in use, the cryptos are decentralized payment systems, what's mean that is there is no control entity over it.
That's may the bigger point and the greater innovation that come on.
 

Haunebu

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The biggest incentive is decentralization obviously. The ability to conduct financial transactions online without corporate entities tracking you in this day and age is a dream come true thanks to crypto.
 

Debonaire217

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It is the community of decentralized and anonymous users that is the most beneficial incentive they could get, from transitioning their financial monetary system to cryptocurrency.

It is because being involved in this kind of community will enable a person to continue learning, becoming responsible and most of all, becoming independent, not just for having total control of their money, but to apply all the principles they could learn from the community.
 

Mina Myoui

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People wants freedom in the terms of their money, they dont want any unnecessary deductions that came from authorities. Also they want a hassle-free type of mechanism in the case of money transaction because crypto currency avoids middleman in their transaction.
 

Baby Lion

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Since crypto is a decentralized system, on every transaction theres no local authorities will regulate every transactions and the anonymity of transactions are the advantage of using crypto.
 

Numbaone09

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Probably fast transactions all over the globe, an anonymous transaction in cryptocurrency, decentralized system, no one controlled it, It is all depending on the community.
 

Simeon4real

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Here are some of the perks of cryptocurrencies instead of traditional payment services:

1. Ability to send and receive money from anywhere in the world without delays, tedious paperwork, high fees. Crypto eliminates all that.

2. No intermediaries to moderate transaction flow.

3. Be your own bank.