What are the advantages that crypto has over cash/cards?

[Min George]

So many people are turning towards crypto for payments. From big businesses like Tesla to the small freelancers.

What is the real advantages of crypto for making payment over using cash or secure cards?

 

[gwolf666]

Personally, I believe one of the main advantages of using cryptocurrencies for payments is their speed and efficiency. When I pay with crypto, the transaction is usually much faster than waiting days for a traditional bank transfer to process, especially for international transactions. Furthermore, cryptocurrencies offer a level of security and privacy that isn't always found with cards or cash. In many cases, it's not necessary to share as much personal information, which reduces the risk of fraud or data theft. I also appreciate that cryptocurrencies allow for transactions without intermediaries, which can reduce costs in some operations. However, I also recognize that there is still some volatility and a lack of regulation, which can be a problem for those seeking stability. Overall, I believe cryptocurrencies offer many advantages, but there are still aspects that need improvement to make them a completely reliable and practical option for everyone.

 

[Trush Jodie]

With crypto, one can send funds across borders without any need for currency conversion and any bank acting as intermediaries.