Ask Leo : What are the advantages of accepting cryptocurrency as a means of payment in the world's financial economy?

I have always asked myself the question that what would it be like or what will be the advantage of having cryptocurrency as a legal tender in the world's economy, and I mean being accepted worldwide as a means of payment.

Source
Definitely everything that has an advantage will also have a disadvantage but today I will only talk about what I think will be the advantages of accepting cryptocurrency worldwide as a means of payment.
Firstly when talking about how easy it would be for all individuals, I think it will be the easiest thing to do as you will not need to do some extra works probably sometimes demanded by banks, being easy also entails when you can just make a payment with just a click or tap and its done, no matter the amount of crypto or money you are transferring.
Also talking about how fast it is be will definitely be amazing as you can transfer funds within seconds and the other end will receive it in just a jiffy.
Accepting crypto as a means of payment I believe will make crypto more known and popular and that is what we all want at the end.
I can only imagine the advantages it will really bring to us if cryptocurrency is accepted in the world as a legal tender, I personally think its going to be amazing.
I would be happy if more people could share more of the advantages it might bring.

Thanks for viewing my post and do have a lovely day.

Posted Using LeoFinance ^Beta