Greetings EveryoneIt is quite very interesting to have to write about such a wonderful topic. It is quite cumbersome getting to talk about cryptocurrency for this is a wide area to be researched. About the below-stated topic I am therefore making this wonderful content, so please continue reading to check my view on this.
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The Future of Crypto
Cryptocurrency is here to stay, it will take over the world someday and paper money might just be history. With such an evolution coming, what do you think should be done to make the Crypto world an easier and better one, so that everyone can benefit equally from it. Please share your honest thoughts, we might learn a thing.
To start with, It is clear to the majority of us now that cryptocurrency is simply a digital asset that can be asses by a user who is connected to the internet. I will say it is a digital replacement of our physical currencies/money.
Dating back to the beginning of cryptocurrency, you will agree with me that not everyone was informed or even had a clue about it. Starting from BTC to other currencies which came up after, looking at them today you will smile and say Yes indeed cryptocurrency has come thus far. From the beginning it all looked like a waste project or something that was not going to work out but taking a look at it now in our today's life/view, you will say yes there is more to achieve in the coming years come, there are simply more heights to attain in few years and decades to come.
Among the very first points I will be talking about the Legalization of cryptocurrencies in all countries of the world: Despite the criticism cryptocurrency is currently getting from different parts of the world, I still strongly believe that a time shall come when these countries strongly criticizing and also rejecting its citizens from being part of the advancement in technology and safer way of saving their earnings and earning more. I therefore in my view strongly believe that in the nearest future to come, cryptocurrencies will be widely accepted in all parts of the world, in one way or another. It may be due to inter-trading between countries which might lead to it, any way possible, I see the possibility of cryptocurrency being widely acceptable all over the world.
Another base will like to look at is the Fear of system crash and ransacked by hackers: Yes this is one major fear of investors and new vendors going into cryptocurrency since it is digitally based/internet-based, it can therefore be prone to internet hacks or failure in the system due to system crash or other external factors. But for me my point of view simply will be, in the nearest future, this factor might be eliminated due to the strong technological advancement and continuous upgrade in the system will therefore help in building more stronger security systems and other factors which will therefore not be prone to human errors to support the system and therefore makes it outstanding like never before.
In the same vein, I will like to say that in due time in the nearest future, I see cryptocurrency being an easy advancement for consumers to easily adapt and be able to operate on with ease alongside strong advancements in the algorithm process which may therefore make it hard for hackers, which may limit or erase their access to the system in the nearest future.
Also, in the nearest system, I see a more decentralized system, which will be as well easy to operate, understand and comprehend with adequate safeguards and protection layouts or systems put in place to help preserve user's identity by increasing anonymity and giving them the leverage to be free from tax evasion, money laundry, internet fraud, and many other possible attacks to come in the future.
With the technological advancement in this present century we are, I see crypto being the future of a trading market and hence being a very much more reliable and safer means of monetary transactions.
Thanks for Reading Dear Friends
Best Regard from @gi-de-on