Money is like water, it’s everywhere. It’s in the ground, it’s in the sky, it’s in the air… it’s everywhere. If you’d like, your wallet or account can be like a rainwater pool where the money is filled up and always flowing. And where you can just put a cup in that pool and drink from it whenever you like and you always have more than enough money because the pool is always full. And there’s a prosperous ecosystem where the money clouds are always passing by and pouring more money in there. That’s a good relationship with money. - Hendrith Vanlon Smith Jr
Money is very important in this world, no matter the currency it's, them all have their value and could be use to trade or purchase stuffs, money is identify as a legal tender for exchanges of goods and services physically or online.
And in relation to today's topic which revolves around what is our choice between cryptocurrency or physical money, that is as stated in the 2 edition of the 6th of the @hive-learners features topic as stated below;
PHYSICAL MONEY OR CRYPTO
Ever since cryptocurrency became a thing and got the attention of the world, many governments have been against it while others embraced it. What about you as a person? Do you prefer the digital form of money? Or you would rather use physical? Give reasons as well, we would love to know.
You can as well talk about your thoughts and your choice among both and why you chose it, by posting into the hive learners community.
Ever since the inception of Crypto, finance as experience a shift and evolution which makes wealth creation much easier for everyone to attain, though some as loss their assets and investment due to inadequate knowledge about the market, when to invest, when not to invest and the likes.
Before diving into my choice between cryptocurrency and physical money, it's worthy of note that while every country embraces physical money, such can not be say for Crypto currency, because various countries as different opinion about it in either embracing it or going against it trade and dealing in any form.
In crypto, everyday is not a green day, but true holders will later get paid. - Olawale Daniel
My country Nigeria fell into the latter type of countries who as placed a ban on Crypto and anyone found trading it are been severely punished.
But are of high important in our today's world, and when properly manage with the right investment, one can yield bountiful increase, so obviously they're both great, although there are high likeness of amazing wealth more via Crypto overnight than its with physical funds.
But if my present enposure to Crypto and physical money, I wouldn't be choosing one over the other, because Crypto as made me acquire more wealth than I've dreamt I could in a short time, but unlike top countries where crypto is legalized and could be trade or use to purchase item, reverse is the case here in Nigeria.
There are even country when Crypto ATM are stations around the cities, but here such isn't available, and most local don't have any idea if what Crypto is in my country, so since they are the ones who sell our daily basis need, that mean I'll need physical money to survive here in my country, and I believe even in countries where it's legalized, most of their citizens still use and trade with physical funds.
So with this few points of mine, I hope you you'll understand and agree with me that both physical and Crypto are both important, essential and not really above each other when considering the risk liable to Crypto rising and falling chart.
- So what's your opinion on my stands?
- Which is your favourite between physical money and Crypto?