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Cryptocurrency initial coin offerings (ICOs) are gambles. … Whether you have a significant amount of capital or a little bit of extra cash, cryptocurrency is an investment worth looking into. Here are a few of the pros and cons associated with a cryptocurrency ICO.
There are absolutely no boundaries when we talk about transfer of value. You may be geographically in Thailand, but you can work for the company in United States. Sometimes, it is real pain in the ass to get that money transfer from another country. Problem no more, cryptocurrencies do not recognize the concept of borders, and they can be transferred from point A to point B in a matter of seconds.
Another great point is transparency. You cannot cheat the system without letting others know about that. This is why Bitcoin or Ethereum had their rough days with someone exploiting the loopholes, but due to the fact that everyone could see what was happening, the loopholes were closed in a short period of time with the determination of community and developers.
When you have to send money to someone from another country you will finally realize why cryptocurrencies are the winners here. It is not only expensive to send money, but you also have to put a lot of effort into filling all the necessary papers for it.
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