Cryptocurrency is Still the Best Investment. Check Why!

cryptofy (50)in #cryptocurrencies • 6 years ago (edited)

Presently, cryptocurrencies are taking power from the governments and sharing them with people at an unparalleled rate. Everyone who understands this current trend, thus need to monitor the present and future ramifications and know how to reap profits and benefits from the new technology!

Cryptocurrencies Present Trends Will Continue

Good financial rationale mostly backs the existing trends. Creation of fiat-money benefits a few people who mostly entail governments and companies. Hence, cryptocurrencies are offering the best solution in matters dealing with securing the wealth of the majority. Therefore, unless something unusual occurs, the present upward trend will proceed!

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Fiat-Money Benefits A Few Unique Interests

Fiat-cash profits a few people at the cost of everyone since this form of money is continuously established at a negligible price before being allocated by bodies such as The Federal Reserve via various schemes like Quantitative Easing and Fractional Reserve banking among others. That increases the monetary supply hence making every person to suffer from minimizing buying power of their dollars. National currencies are inflationary which indicates they lose some buying power overtime. For instance, the purchasing power of US Dollar is less than 5% currently as compared to its value in 1913.

Cryptocurrencies Benefits Everyone Fairly

Creation of new Cryptocurrencies is not done at negligible prices, and their values have been persistently increasing since their inception. Their existence empowers every person who mines and holds them at the cost of governments whereby each Earthling is seeking over protection!
Cryptocurrencies holders and miners unlike Fiat-money are subject to similar price fluctuations if they occur. Moreover, rewards have been comparative to the risks hence they are fairer.

Cryptocurrencies Rising Feedback Loops

With a large number of people coming to the terms of significant benefits that cryptocurrencies hold, more people are rushing to purchase cryptocurrencies causing numerous positive feedback loops. Among them is the high rate of devaluation of various national currencies, an increasing incentive to comprehend cryptocurrencies and cash at large and how to improve them.

After coming into this reality, I have maxed my credit card to purchase more of the cryptocurrencies. At some point, I witnessed some people taking loans to buy this valuable commodity and others going to the extent of selling their houses for similar reasons.

Cryptocurrencies Are Unstoppable!

By taking most of the fundamental power from governments, hence the reason most governments are working hard to ban them. However, a group of countries or any country unilaterally trying to ban them risks being left behind without much opportunity for achievement by trying to stop them!

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Cryptocurrencies Are Great Assets!

Cryptocurrencies permit storing and transacting of wealth which protects its possessors from being subject to fiat-money devaluation due to the inflation regulations observed by governments across the globe!
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#investment #fiat-money #cryptocurrency

6 years ago in #cryptocurrencies by cryptofy (50)

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stu-precious (45) 6 years ago

Keep up the great work @cryptofy this post was very informative, and no doubt cyrpto and blockchain are the future! upvoted, resteemeed, and commented!

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