Reasons why global embraces cryptocurrencies

Cryptocurrency use a “push” mechanism that allows the cryptocurrency holder to send exactly what he or she wants to the merchant or recipient with no further information.
Cryptocurrencies remove banking bureaucracy. If someone owns a cryptocurrency, he /she can transfer it to the third party without the need proof of accommodation, ID or passport, payslip, and so on. The person just needs a fraction of hour to make the transfer
Lower Fees: There aren’t usually transaction fees for cryptocurrency exchanges because the miners are compensated by the network . Even though there’s no bitcoin/cryptocurrency transaction fee, many expect that most users will engage a third-party service.
Access to Everyone: There are approximately 2.2 billion individuals with access to the Internet or mobile phones who don’t currently have access to traditional exchange systems.