Paper Currency VS Crypto Currency! Why should we hold Crypto to avoid the problem of inflation!
Assalamu Alaikum
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Have you ever thought that you have deposited 10 lakh rupees in the bank and you have received interest of 3.30 lakh rupees in 2 years?
So now how profitable is it for us to deposit money in the bank?
But if you look at Crypto Currency, on May 20, 2022, 1 BTC price was $29,305 and after 2 years right now, 1 Bitcoin price is $67,000 which is double growth.
Due to inflation people are now choosing alternatives,
As we all know gold, silver, diamonds, these precious resources always go up in price day by day.
Due to which people kept these valuable resources but at one time they started to think that even if they keep these valuable resources, they need a safe place, because valuable resources have fear of being stolen, or fear of being lost, it is a kind of confusion, so people now Day by day we are looking at Crypto Currency because through Crypto currency millions of dollars can be stored in ordinary phones without any fear of theft or loss.
Day by day Crypto Currency is gaining popularity so Holder is coming and the price is increasing.
So I think choose to hold Crypto Currency or Crypto Stable Coin instead of holding paper money.
This is where I end today, everyone be well and stay healthy, Allah-Hafez.
https://twitter.com/RakibInsid68546/status/1792311767428665568?t=Vs5m76lBxNs0hOMb6_E6MA&s=19
Nice analysis about paper currency Vs cryptocurrency. Thanks for sharing
Thank you so much for reading my entire post and leaving a nice comment
You have really explained in great details why holding cryptocurrency is preferred over holding paper money and couldn't agree less, thanks for sharing such quality content always a thrill to read.
I think it is very easy to hold Crypto Currency now, because if you hold Dollars or Precious Gems in Bank or any other way then fear of losing it.
Cryptocurrency is a better way to hold the value of your assets than paper currency. Paper currency often reveals many complexities that many of us are unaware of and due to which we lose the value of our assets. And so in this case cryptocurrency is a good place where you can put your assets and if you like to take risk you can hold a currency like bitcoin and if you want to stay away from risk then you can hold a good stable coin.