Random Blog on Crypto (Part 72) : Some reasons why crypto won’t be destroyed [Part 02 of 02]

engrsayful (80)modCOMMUNITY MODin Tron Fan Club • 5 months ago

Welcome to second part on this topic. In last post, I have shared some points. Today I shall add some points on this topic why crypto will run long. In Venezuela there was an incident of bank collapse. People used Bitcoin to buy food. It saved lives. As long as people use it, crypto will not disappear. We can see, crypto technology is improving every day. Developers do not stop working. They make it safer. They make it faster. Many new projects come every year. If one fails, others take its place. Crypto is not just Bitcoin. There are many other coins. There are a lot of issues related to Bitcoin but with the change of technology they are being solved gradually. Ethereum is used for smart contracts. Binance Coin is used for trading. Governments cannot stop all of them. Even if they ban one, people switch to another.

There is an another major point to add with the list. Many big companies invest in crypto. They do not invest in something weak. They know crypto has a future. Tesla bought Bitcoin. PayPal allows crypto payments. They are not along where there are many such companies in the list. Many banks offer crypto services. If crypto was going to die, these companies would not invest. They would not risk their money. When banks invest in something, it is serious. If crypto was a scam, big companies would not support it. Crypto will not be destroyed. It is not under one control. It has millions of supporters. People use it daily. The technology is growing.

Big companies believe in it. Many people do not understand crypto. They think it will fail. But they are wrong. Crypto is here to stay that I strongly believe. Even USA president is desperately talking about it. So we can justify our statement that crypto won’t be destroyed. Thank you.