Random Blog on Crypto (Part 01) : Three Reasons Crypto Won’t Be Destroyed

Cryptocurrencies now have a huge market of billions of dollars, and the collapse of this market is almost impossible. People from different countries of the world will keep crypto alive for their needs. Just as blockchain technology is very important to crypto, cryptocurrency's user-friendliness and excellent features have made it attractive to people and will continue to hold its appeal in the future.

Country after country, we see economic problems, and many countries are on the verge of bankruptcy. Financial market conditions are not good in many countries. When a country's economy is not doing well, and the balance of trade becomes too much in debt, it is much more difficult for those countries to sustain their own monetary system. If a country's currency loses its value due to excessive inflation or due to monetary policy, then among the options available to that country, like the dollar or gold, cryptocurrencies are also one of the best options.

Here are three important reasons why the crypto market will never collapse.

1. Cryptocurrencies can be the main currency of a country in times of major economic problems, which can lift that country out of monetary system problems. If cryptocurrency can be kept under some control through regulations or policies, then it can be the main currency of a country, and a currency recognized in the international market with which trade can be made, as well as other trades can be made very easily. This security and transparency will not come into question as blockchain technology controls it. With 51% of the blockchain in the hands of the government, either centralized or decentralized, this crypto-based system can solve the economic problems of many countries.

2. The current size of the crypto market is huge, and if the market collapses, the values of this huge amount of investors and those who trade daily will go down the drain. So it is absolutely not possible to close this huge amount of market. The impact of the crypto market on the world's economic size is very wide, and such a big market can never collapse due to a small decision or shock. That is, this market has gone to such a huge state that its collapse means a huge shock to the world economy, and it is not possible for the world economy to handle that shock normally.

3. The problem of transaction fees and various barriers to transfer from one country to another can be overcome with cryptocurrency. And for this excellent user-friendly feature, crypto's utility will remain for a long time for those who travel abroad or seek easy solutions in international trade. At least the market will never crash for this cool feature. Maybe some temporary shocks like this year's two shocks (Luna and FTX), but I don't see any possibility of a collapse.

Apart from these three excellent reasons, there are many more reasons which I will try to explain later. Thank you

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