What are the advantages of using Handshake instead of USD?

3 answers

• peter HaandelApr 03, 2024 · a year ago
  Handshake offers several advantages over USD. Firstly, Handshake is a decentralized digital currency, which means that it is not controlled by any central authority like the government or banks. This decentralization provides greater security and privacy for users. Additionally, Handshake transactions are faster and more efficient compared to traditional banking methods. With Handshake, you can send and receive money instantly, without the need for intermediaries or delays. Furthermore, Handshake has a limited supply, which means that it cannot be inflated like traditional fiat currencies. This makes Handshake a more stable and reliable store of value over time. Overall, Handshake offers greater control, security, speed, and stability compared to USD.
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• ShishankMar 22, 2025 · 5 months ago
  Using Handshake instead of USD has several advantages. Firstly, Handshake transactions are borderless, meaning that you can send and receive money globally without any restrictions. This is especially beneficial for individuals and businesses involved in international trade. Secondly, Handshake transactions are pseudonymous, which means that they offer a certain level of privacy. While the transactions are recorded on a public ledger, the identities of the parties involved are not directly linked to the transactions. This can be advantageous for individuals who value their privacy. Additionally, Handshake transactions are irreversible, which provides protection against chargebacks and fraud. Once a transaction is confirmed, it cannot be reversed or altered. This adds an extra layer of security for both buyers and sellers. Overall, Handshake offers greater accessibility, privacy, and security compared to USD.
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• Honey SidhuMar 23, 2022 · 3 years ago
  Handshake, as a digital currency, offers several advantages over traditional fiat currencies like USD. Firstly, Handshake is not subject to the same level of government regulation and control as USD. This means that users have more freedom and autonomy over their funds. Secondly, Handshake transactions are typically faster and more cost-effective compared to traditional banking methods. This is especially beneficial for individuals and businesses that require quick and efficient transactions. Additionally, Handshake can provide a hedge against inflation and economic instability. Unlike USD, which can be affected by factors such as government policies and economic conditions, Handshake's limited supply ensures its value remains relatively stable. Overall, Handshake offers greater financial freedom, efficiency, and stability compared to USD.
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