the real cause of surge in cryptocurrencies? mass marketing!

Now adays there is a lot of debate on the internet on why the Bitcoin and all crypto currencies are going through the roof……
Some say it’s the technology…
Some say it’s a scam….
Some even say its only a pump and dump scheme…

and thus we all have our own opinions about why the hell are cryptocurrencies are going up in value. I have also witnessed the recent increase in the coins which I thought were no good. But its also true that crypto currencies are real and they had been around with us for almost a decade now.

Now I also have thoughts on why cryptocurrencies are going up in value and my theory lies in marketing (thanks to my MBA marketing)
It lies in its marketing, now let me explain in a very short way.

For trading in Stock market you need to be a resident of that country, you need to have a proper identity card, you need a proper paper trail thus you need many things
And now lets suppose that you are from another country and you need to invest in a stock which is listed in NASDAQ? Can you invest your money in NASDAQ which being a resident of another country overnight? And the answer in NO!!! you will go through a process which will require many months and you will definitely need a lawyer.

Now lets say that you need to buy BITCOIN? What is the requirement?
Answer: Money… a Mobile or Desktop or a laptop…. And an Internet connection
AND THAT’S IT!!!!

So my theory for the success of cryptocurrencies is that its technology is revolutionary but the most important part…… the most crucial part……. Its availability!!!!!

Anyone and everyone can buy it…. No matter in which part of the world you live…. No matter in which country you live….. you can be living in North Korea, Iran, Afghanistan, Nigeria, Africa and still be able to hold any cryptocurrencies as you like

Its Mass Marketing on the biggest scale no one is realizing!!!!