SOCIAL IMPACTS OF CRYPTOCURRENCY AND ITS FUTURE SUSTAINABILITY

As the Earth revolves round the sun, giving birth to seasons, so do the technological innovations give rise to change in lifestyles, interactions and choices. Centuries ago, the only means of interaction and transaction were one on one discussion and trade by barter respectively. But today, the story is not the same. Is it a coincidence or man-made? The answer is simple; change is constant and human beings are naturally created to fight for a change they desire.

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The existence of cryptocurrency was born out of man's quest for financial freedom. This has sent a shock wave to many dictators and governments all over the world. Being a decentralized currency, those opposing it are very much aware that it is out of their control due to its acceptability by the masses and their belief in its social and economic values. Theses values have lots of positive impacts that outweigh the negative. This article will focus on the positive social impacts of the cryptocurrency on human race and how these impacts will contribute to the continuity of cryptocurrency.

One of the social impacts of cryptocurrency is the robust interaction between the miners of crypto in various platforms. Some people make good friends in some of theses platforms without having to see one another. This has a lot of improvement on social life of all crypto dealers. Some people delved into crypto businesses with the aim of making money only to find out that there's more to it than monetary reward. I won't be wrong to say some people learn good morals and behaviour like how to creatively respond to article, comments and respect others' opinions in crypto platforms.

Crypto business gives both fun and rewards through the use of social media. This fun can come in different forms such as jokes, exposure to new things, appreciating one another's efforts through comments and solving puzzles. Infact everything about mining crypto is more of fun than stress. Reward is a motivating factor but the fun in it is what many people want. Engaging with people of different views and backgrounds and adapting to others' behaviour is fun.

The inclusiveness of cryptocurrency in terms of mining, ownership and usage makes it a good for all currency. This means mining it, ownership and usage does not discriminate based on gender, ethnicity, nationality and physical challenge. To sum it up, in crypto business, who you are and your origin does not matter as long as you are hard working. Another social impact of crypto business is that it enhances good relationship between citizens of different countries through interaction. In most cases, these relationships are virtual and beneficial than physical one that we know. For instance, a friend of mine was so happy because of assistance he received from a colleague he hasn't seen physically and there's no doubt this singular gesture has made that person his friend. This means crypto business connects friends.

We cannot talk about social impact of cryptocurrency without mentioning financial independence and sense of responsibility to the beneficiaries. This has led to improved recognition of many participants both in social media and society. The reason being that you are getting the result of your hard that is visible to those around you. Financial independence in the sense that it provides jobs and avenue for side hustles at your convenience and you don't have to rely on any regulated financial institution like banks to make use of your money.

To sum it up, cryptocurrency creates a medium of social interaction with global community, fun, meeting new friends and larger audience of like mind and earn reward at the same time. WHAT IS CRYPTO TO ME? It is a currency of freedom and independence. It is a tool by the masses and for the masses to be used in securing financial freedom as well as ease of doing business. It gives people the freedom to control their destiny and power of choice. It also gives unhindered access to personal fund as long as you are not regulated by a Central authority. THE FUTURE OF CRYPTOCURRENCY The future looks good, because the users believe in it. However, the sustainability of it will largely depends on the support the masses give to it due some government harsh policies against it. Crypto recognition and acceptance by big investors in the industrial sectors will be an added advantage for its continuity. As for as crypto continues to offer tangible reward and it is not used as an avenue for distablizing governments, those who are against it will soon join.
In conclusion, the future of crypto looks very bright because it is one of the most reliable digital currencies a common man can trust, use and earn without having to pass through many protocols. The future of international transaction lies in cryptocurrency