Now Let the Crypto Revolution Begin!
Our dependence on payment with a single touch is increasing rapidly. We are applying mobile technologies as much as possible since they have demonstrated the potential of innovation in meeting social, economic, and political development. The COVID-19 pandemic, which has pressed pause on the entire global economy, has also done its share. The level of use of digital payment platforms has risen sharply over the past months. We should all hope that the positive trend will continue and cryptocurrency, an electronic analog of money in cash, will finally reach mass welcome. Statistically speaking, there were about 106 million crypto fans in January. Not bad, huh? Even so, we are aware that this is a drop in the ocean compared to almost 5 billion internet users. So let’s spend five seconds and come up with one idea on how to get more people into crypto.
The beauty of cryptocurrency
Here is some useful food for thought: fewer than 18 percent of the world’s poorest people have access to financial services. It means there is no safe place to store and manage money for some of them. But things are changing, and one of the reasons why is cryptocurrency. If you have a digital wallet, you can conduct transactions with negligible fees and wait-time. To get the transfer the recipient does not need to contact the bank branch because he/she can withdraw money at any ATM worldwide! What is more, Big Brother will not be able to watch you. While our financial system is failing us, bitcoin is providing solutions to all the problems we are facing in our monetary system.
Education is a key
Touting blockchain while believing that crypto is the money of criminals and do-nothings is a bad idea. It is impossible to escape the impression that people are still very ignorant about the market and a decentralized super organism. A better understanding of the industry will bring real change in the daily life of millions of people. Luckily more and more leading universities provide blockchain courses. With that in mind, there are a few different ways to wrap your head around groundbreaking technology. This is a very good sign that wider crypto adoption is within our grasp.