Cryptocurrencies are an undeniable reality ๐
Hello Hivers Cryptocurrencies are an important topic economically today. Millions of people exchange and use cryptocurrencies in the world daily, thus sustaining the ecosystem or market that exists for a whole host of crypto projects led in price and relevance by BTC.
While some governments around the world prohibit the use of cryptocurrencies, others seem to be more interested in regulating them. But the truth of the matter is that, in one way or another, cryptocurrencies are an economic reality that world governments can no longer deny.
Have you ever wondered why cryptocurrencies are gaining so much ground every day in the world economy?
There are hundreds of reasons for this, but as much as I think about it, I believe that it is essentially because they really constitute a way of defense for the masses of the population against the critical poverty that threatens them.
Mentioning the fact that more than 90% of the world's wealth is in the power of only 5 or 6% of the world's population, while the rest of the percentage is distributed among all other economic groups, but predominantly (in terms of quantity) people in poverty and extreme poverty. People from very poor countries in Asia, Africa and Latin America; They are using cryptocurrencies to cope with their inflationary and decaying economies, where most of the time, their salaries are laughable things, so laughable that in some of them the minimum monthly salary becomes less than $ 4 a month.
People are discovering that cryptocurrencies are a means to grow economically, or at least to meet their needs on a daily basis, better than with conventional jobs and conventional money in many cases. Because of its ease of use; The fluctuating nature of prices and accessibility and almost general acceptance, adds to the fact that it is very easy to earn cryptocurrencies on the internet today.
How to win them?
There are many ways, ranging from working on crowdsourcing or freelance sites to selling goods and services in exchange for cryptocurrencies. Many of those who already have cryptocurrencies to their credit, decide to trade them, to take advantage of the rise and fall in prices between the different cryptocurrencies that exist (which are many, led of course, by BTC). But that of trading is already another issue that also requires much more preparation and capital to do it; and that is not recommended for everyone.
Important facts about cryptocurrencies
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Economically, they will become increasingly important in the future. The major cryptocurrencies have huge capitalization markets, so it is unlikely that they will simply disappear.
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More and more governments will have to start accepting them, until acceptance becomes total, otherwise they will be left out of the potential gains and the possibility of regulating them economically in their territorial environments.
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In countries with economies of war, or declining and inflationary economies, the adoption of cryptocurrencies has been practically de facto. People are learning more and more to become familiar with its use and they use it as a means to maintain themselves and grow on a personal and financial level in countries with hostile economic environments (to call it that).
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As advantages of the use of cryptocurrencies, we can mention the fact that opening a cryptocurrency account can be done anonymously and without paperwork or formalities; something impossible with the traditional banking system and normal money.
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As disadvantages it can be mentioned that it is necessary to have technology and / or be familiar with technological issues. In other words, you have to have a computer or smart phone with an internet connection, and that is something that many people around the world still lack.
That said, these are just a few important facts about the use and adoption of cryptocurrencies. In general terms, I think that they are gaining the advantages of the use of cryptocurrencies over the few disadvantages that this may imply.
Another little thing
In addition to all the advantages that we already know, the secure nature of transactions with cryptocurrencies, being made through a permanent, accessible and reliable accounting book (which is the blockchain), makes them increasingly an alternative in a world economically diverse and increasingly competitive like ours.
People, like governments, can accept or reject cryptocurrencies, but what no one can do is ignore them, because they are an undeniable reality.
Well ladies and gentlemen, this is all for this post today, thanks for reading me (if someone did and got here). If you liked the post, comment, and if not, post too! ๐ They are read there!
Note >>> I clarify that when I speak of cryptocurrencies I speak in general terms, but I am referring to projects that are already important and have important capitalization markets (such as BTC and ETH, among many others).
