Digital currency will take over the world. Happy New year guys

in #money6 years ago

Already secretly in process, the world is going cashless. Also the world is slowing learning and adopting digital assets. Take Venezuela for example, their currency got hyerinflated so much that their fiat money is worthless. And the importance of bitcoin and crypto take effect as its saving the wealth and lifes basically in countries where the government devalued the money into hyperinflation. And decentralization to me is my favorite use case for crypto and blockchains. because it creates more economic freedom to everyone on the planet. Ecspecialy since the 1.8 billion people that lack the access to financial services now have that access to bank themselves with decentralized peer to peer money that the governments and central banks cant control. Cant manipulate the value by printing dollars like its no tomorrow and sliding further and further in debt )21-22 trillon approx.) it is a debt based monetary system built off of its debt . So 2018 was a very tough year for the crypto space and a lot of us have suffered a lost with the market cap losing 700 billion dollars. But if your a hodler like me then you are in for the long term and despite the bear market in prices. I remain to see a very bullish outlook going as im seeing constant adoption and numerous industries are leveraging blockchain tech to be more efficient. Adoption remains rapid in majority of the countries in the world. Even though I still have quite a lose in value since January I remain incredibly bullish on the future of the cryptocurrency market. We will become a multi trillon market its just a matter of time. Even if it takes five years . this is the biggest invention we how ever seen as its a paradigm shift in the way we transact money between each other cutting out the middlemen and banks essentially . When it in turn benefits every individual on the planet by giving them financial freedom and privacy over their own money.

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