Crypto adoption is on rise despite of regulatory issues and hurdles in different countries. Everyone knows that crypto is the future of finance. It is the fastest way to send and receive money regardless of religion, country and colour.
In the past people were not aware about crypto currency and its potential. People were limited to banks only. It was difficult to send and receive money. Its crypto which changed the concept of finance. Now sending and receiving money is as easy as one two three.
Crypto adoption is happening fast since we have seen brands and businessess jumping into it. Crypto vibes are everywhere from individuals to institutions , you will see people talking about it. There are a number of reason behind crypto fast adoption of crypto.
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We have seen individuals and projects doing meetups locally in order to enhance awareness about cryptocurrency. The interest of people towards crypto is increasing at a rapid pace. This is good for the strength of crypto.
Many countries are adopting cryptocurrency as they know how powerful crypto can be for the finance sector. Crypto is changing lives of people hence it is helpful to eradicate poverty. Ir would not be wrong to say that crypto is bringing food on table for many families in the world.
I feel pity for those countries who are still sleeping on crypto. They will regret in the future for not adopting crypto early. There are a number of reasons behind this. Governments wants to keep control on finance but crypto does not allow this. Government officials have fear of banks failing if they allowed cryptocurrencies.
Unfortunately my country is still in the list where crypto is not welcomed by the governments. Officials have no solid reason for not accepting. Whenever someone tries to do some efforts to make it legalize , Its the state bank which makes useless objections.
There is a huge number of users that are using crypto in my country , this will rise more if it becomes legal. Crypto adoption will help people to be independent financially. This will help to overcome poverty. We have recently someone filed application in the court to make crypto legal. Hopefully it will be in favour of crypto.
Bottom line is that crypto currency is the future of finance , the adoption is increasing. We are still very early which will pay us very well in the future. Those who ignore crypto will regret.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
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About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.