Modern Day Approach To Investment and Wealth Keeping
Good day to all of the authors here in this renowned community.
I welcome all for being here with the idea of decentralization and crypto talks that has a great potential for any people willing to put a mark on storing and growing their own wealth progressively.
Few days ago, I talked about how one can employ the techniques and their resources into building something that can potentially help own business to grow.
These days the actual scenario that turned out is - companies no longer restricted to using and operating their key functions by means of conventional currency, but much of what is true that - tokenization is taking place.
We dont get the privilege for all to look out to whats happening in exchange markets and truly out of plain and genuine statistics that we could see that - people losing trusts on banks and other financial institutions greatly than ever.
Because some of bad interest rates are played on cutting out lesser profit for the consumers receiving the services.
Same thing happened as for me when I made my own deposit in the local bank which was promised to provide a fixed return out of a capital budget that I made. Nearly about $1000 of extra money I had to spend for the future investment or any other dire needs.
Because the actual fact is this, these days as lot of other services have taken place and living a modern life we cant but to rely on those opportunities or functions unless we have a good supply of money upon which we could fill up our expenses.
For every people that they have their own plans to look out for. I saw some of my neighbours to draw out the money from banks which was already violated some of their policies of return to provide. Some looked for investing in business and others who had stake in their specific investments.
I think, these days as we have the privileges of decentralization we can still adjust to look out to the factors that can provide us trust and scalability upon which full reliability could be possible. Where there are no central authority - people can see that the ownership system is on their own hands, how to grow it and manipulate as they want.
Few days ago, I talked about the availability of web3 and the way it is moving to a great speed. The idea of centralization is losing its value everyday and its happening in so many other institutions.
Just looking at the blogging platforms and social media applications, even in exchange websites where third party systems arent involved - all these pushing the personalized trends to perfection mostly.
We would see some day, that the need to rely on banks would decrease a lot, to some extent where profit would be greater, lesser risks on money slicing out by means of those greedy interest rates working out day after day.
We would talk about it later on and thats all for today. Do opine with a constructive comment if you have any views on the matter.