This year has been one of the worst for the world economy, although the U.S. government has tried to control inflation, it has been impossible not to see it reflected in the market.
I was discussing with a good friend of mine about the future of cryptocurrencies, for him, it is still very difficult for large companies to adopt them due to the great distrust and suspicion that many politicians have for them. Something that is quite ironic because the first ones to have large amounts of cryptocurrencies are politicians.
Blockchain technology is still very young, it still has a long way to go, and we will be lucky to see it in the next few years.
International transactions without relying on third parties
The fees of paypal and international banks are too exaggerated, plus paypal has possession of your data and your credit card. With Bitcoin I can transfer in a matter of seconds and at very low fees (depending on the market) to another person located anywhere in the world with an internet connection and without giving any personal information about you to a third party.
But, when it comes to fast transactions and low fees, Hive is number one.
One thing that hinders people in many underdeveloped countries is the fact that they can't shop at certain international online stores like amazon, or pay for certain subscriptions like Netflix or HBO because their local currency is not accepted. Crypto would change that.
Having a digital, universal and decentralized currency is something that cannot and will not go unnoticed, the only people who are not comfortable with this technology are governments because it would give more power to the citizens and less power to them.
Also, there are people who do not like the idea simply because they do not understand it, but that is what happened when the internet was invented, and now everyone uses it.
Yes, the same will happen with cryptocurrencies.
Not financial advice. the poster was made on canva