Why Cryptocurrency is Better than Fiat

Locklet
2 min readJul 21, 2021

Although we tend to measure the value of cryptocurrency in dollars, The dollar does not influence the value of crypto.

Cryptocurrency and its price depend on many factors, such as user demand, projects that use the coin, market demand. The cost of cryptocurrency completely depends on how much demand there is from both users and IT products.

Cryptocurrencies were originally conceived by their creators as a complete alternative to traditional money. Bitcoin and other cryptocurrencies are arranged in such a way that their value is not affected by the exchange rates of traditional currencies. They are not subject to inflation. You can withdraw cryptocurrency from your account at any time. By investing in cryptocurrencies, you remove the risk of depreciation and inflation. If your money is invested in cryptocurrency, it is protected because only you can dispose of it.

Cryptocurrency is fast, reliable, and secure, it’s controlled only by you, and it can be managed at any time from anywhere in the world!

#crypto #fiat #dollar #value #blockchain #LKT #locklet

About Locklet

Locklet is the world’s first decentralized vesting platform 🧙‍♂️🎉. It allows any crypto-currency holder to create more or less complex vesting clauses according to their need and have them executed over the desired duration and this is accomplished in a completely decentralized way. Thanks to our platform, serious projects can now cryptographically differentiate themselves from scammy ones!

For more information on Locklet:

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Locklet

World’s first decentralized vesting platform 🎉🧙‍♂️ ! Protects every Crypto or DeFi community from rug pulls, predatory ventures, perfidious advisors and more…