I STAND FOR CRYPTOCURRENCIES, CONVINCE ME Mr BANKER

in #cryptocurrency6 years ago (edited)

Over the recent years, thre has been great technological advancement. This included all aspects of life either in infrastructure, finance, education, art and many more. These effects did not spare any part of the word bringing radical change to each sector of life, not only as people could view but also the internal aspect. The internet being born recently, has faced a good number of change leading to a blockchain word which could in one way or the other change the global worldly system. The question, is what is all that happening? The point is that no one can stop progress and somehow somewhere people are not sleeping to bring something worth to this world. Still, the point is based on the desire to change,breaking barriers or may be conduct some well organised structure that this person believes can or can not.

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Who has the power?

Right now, we could delegate some responsibilities to some particularsectors. The people or a group of people or even a certain community. The power could be based on the earthly perspective of the strong one or may be the sharp ones. This involves bringing new orders and not recieving any.The surrounding event that control the world is a system, meaning we could say, so and so has said this, President X has said this or may be we the people do not want this and it happens. Look, all is just all structured that no one could break a line in it. But still, numerous people do work to break that rule and may be proving the system that there is a new that things could move.

I am strong. Really?

I could say that form of perspective is pronoyunced by the great guys, The central Bank either or Governments and may be some powerful figures. Damn, They no more could say that again. The advancement of Cryptocurrency and blockchain is considered as a killer business, making the world a chain constructed universe where no body has control over it. Who made this? I think its Satoshi Nakamoto, but then considered to be anonymous. Meaning, no one could identify the ounder but also stopping the system from developing. All makes the particular parties powerless and the market forces will judge the price as the chain fluctuates from high to low all depending on the transactions regardless of human intervention.

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The Zimbabwe scenario

Do you know what happened in Zimbabwe when the whole monetary system collapsed. Damn, everyone was a millionnaire but poor. The country could shift from international currencies so as to sustain its economy but all was just broken. The most terrifying part is that no one could buy their currency. The source of it all was that the former government failed to maintain the actual currency in circulation or maintaining the level of inflation. More money was printed and all was just black to light the market.

Moreover, a number of Banks bureaucracies could be tackled whereby clients will have to choose easy ways to kip those regulations as identity cards and many more. In otherwords, People will be able to just open online wallets and invest their own money which could be viewed as simple and easy ways to transact and keep their money. This could lead to banks profits but also enabling clients to really perform their transactions with no one on their back. Well, this will fully happen in the future as people join slowly.

Thus, Banks could not resist cryptos and may be the country could try stopping its progress though still hard at the moment since it has no sufficient technology to really block its penetration into the world. Remember, almost 60% of the population have no bank accounts and somehow not ready to fulfill banks requirements. Some are deep down in rural areas with no official Identification cards, others are just refugees or illegal clandestine looking for a better life in other countries and therefore with no identification cards.

Blockchain will solve it all and change the way people perceive this world. Leading to a world of which everyone will have to live regardless of his/her own life situation or circumstances.

Cheers

@jona12

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