Our future with Crypto

[Alberto1]

We can all agree that having grown up with the current banking system of tangible money is familiar and comfortable. However, today rate and people are losing faith in a system that bails out the rich and leaves the the world is changing at a rapid poor to fend for themselves. People are starting to take back their power and are wanting more control over their own money - it’s time to shift your reality to the 21st Century. Can you believe that we are still living in a world where bank transactions don’t go through because it is a weekend or public holiday, what is up with that? We have the choice to move to a peer to peer (P2P) platform that can make instant transfers any day of the week.More news you want, then follow the link https://coinconomist.com/en/category/news/

Just now, Alberto1 said:

We can all agree that having grown up with the current banking system of tangible money is familiar and comfortable. However, today rate and people are losing faith in a system that bails out the rich and leaves the the world is changing at a rapid poor to fend for themselves. People are starting to take back their power and are wanting more control over their own money - it’s time to shift your reality to the 21st Century. Can you believe that we are still living in a world where bank transactions don’t go through because it is a weekend or public holiday, what is up with that? We have the choice to move to a peer to peer (P2P) platform that can make instant transfers any day of the week.More news you want, then follow the link :  https://coinconomist.com/en/category/news/                     

 

[gbbrg]

I've never heard of such a platform, is it hidden advertising? But I agree with you on one thing. In our time really people return to themselves the power, it is the only right decision

[DERCRAFT]

The future of cryptocurrencies
After the rapid growth of interest in cryptocurrency in 2014-17, today it has fallen sharply. This can be seen from the statistics of the leading channels in popular social networks that are dedicated to this topic. And the depreciation of bitcoin and altcoins, as well as their fixation at the same level, do not inspire optimism for investors. Today, the most interesting is the analytical information regarding the future of cryptocurrencies, as optimists and supporters argue that this is only temporary stagnation, and opponents joyfully rub their hands and gladly spread rumors that this direction has crashed and will soon disappear altogether. But in order to see the trend for the future, it is important to recall the history of the blockchain and compare it with other innovations in the currency market.

Reason for the rise and fall

Blockchain technology and the first cryptocurrency (Bitcoin) received the most positive reviews from the first days of their entry into the market. The ideology of this development itself was aimed at strengthening the free market for electronic payments, protecting users' personal data and creating the most reliable system for storing, accumulating and investing financial resources.

But after the successful implementation and testing of the desired popularity, the cryptocurrency did not gain, because the masses did not have confidence in it, and the policy of the regulators of many states was ambiguous to the new product (many immediately threatened to ban it). The main reason for the growing popularity of Bitcoin was the ability to produce this currency on its own. Thanks to the so-called "mining", millions of people and even organizations began to produce cryptocurrency.

At this time interval, 3 very important events took place:

Altcoins began to appear - this is a lot of free cryptocurrencies that are not bitcoin. Many popular people, movie stars and pop stars, as well as large businessmen and companies created their money. ISO (ISO) projects appeared that offered investors both new cryptocurrencies and special services for their earnings. These were multiple exchanges, cranes, and trading robots. For the first time, blockchain influenced the real sector of the economy. The thing is that to create a cryptocurrency, very powerful processors are needed, which in most cases are installed on gaming video cards. Therefore, those who wanted to earn bitcoins and altcoins began to buy them en masse, which caused unprecedented excitement in the computer hardware market and a sharp increase in the price of video cards. These reasons first led to a sharp increase, and then a drop in rates. Due to the wide variety of altcoins and the rapid growth of their popularity, “bubbles” began to appear - unsecured masses of cryptocurrencies, in the development of which the developers invested almost nothing. Most of the ISO projects in the process of growing popularity were replaced by fraudulent pyramids that skillfully disguised themselves as start-ups, but after (or in the process of) fundraising fell apart, and their managers disappeared along with the money. In the real sector, the economy also began to collapse - after several years of colossal superprofits, video card manufacturers began to prepare for losses due to the glut of the market.

What technology has brought and what impact has had

Blockchain technology, despite the criticism of many opponents, has left indelible consequences for everyone. Most experts today are not shy about using terms such as the “cryptocurrency world” instead of the “cryptocurrency market” and this is quite true. The thing is that blockchain technology turned out to be much more reliable and progressive than the existing banking system. After all, it, in essence, enables each user to have their own bank. And the fact that each transaction is stored in the system eliminates the possibility of artificially inflating (understating) the course. In addition, cryptocurrency cannot be created endlessly - the possibility of creation is always limited by the demand for it.

All large corporations and banks appreciated the entry of bitcoin into world capital, as a result of which cryptocurrency was allowed for international trading on a par with the currencies of different countries. Today, hundreds of millions of dollars are invested in blockchain technology, investments are made by banks, large financial organizations, software developers, and even food manufacturers. Already on the basis of this, we can confidently say that blockchain is the technology of the future, which will subsequently change the understanding of the payment system and the banking sector.

What will happen to ordinary users

If everything is clear with large companies and financial corporations, miners, traders and just users of bitcoin and altcoins are now experiencing depression. But the main reason for this is the lack of easy money. Yes, at the very beginning of bitcoins, it was very easy to earn on taps and various services. Then I had to invest in the construction of special "farms", which quickly paid off and began to generate income. And now, only professional market players can earn money at all. And the point here is not at all in the cryptocurrency itself - just large corporations invested a lot of money in its promotion and popularization. It was at their expense that many were able to earn in the early stages of the development of this system.

Today, investors no longer need to "feed" the interest of the general public to blockchain technology. Now they intend to return their investments and make profits, which is why a kind of "restructuring" is taking place in the market. The course has stabilized and the likelihood of new leaps remains quite low. As for the positive aspects, experts say that in the future, ordinary users should expect new ISOs. They will be exclusively working projects that will completely displace financial pyramids from the market. Investing in them will be carried out not at the initial stage, but gradually, as the project develops. From themselves they will be a technological product, and not just another speculative scheme or a new unpromising altcoin.

In connection with the introduction of blockchain technology in the banking system and huge investments by corporations in the future, it is expected that cryptocurrency, if not replaced, will become a full-fledged competitor to the existing payment system. To understand how this will look, just study the Chinese experience in implementing the WeChat settlement system. In this country, in just a few years, payments by mobile phone replaced cash and bank cards, which provoked positive changes in the country.

This introduction accelerated economic growth in times of crisis, thanks to it private business began to develop more actively. Blockchain technology will ultimately bring such changes, not only within the framework of one state, but of the whole world. At first, not all countries may support this, but in the end they will also have to resort to the massive introduction of cryptocurrencies.

[philosophy]

I am very pleased with the new modern world order and the fact that thanks to the cryptocurrencies we have finally got rid of these oppressive banking systems.
Free of unnecessary taxation, free of public information about our money transactions and our finances.
Therefore, I am only for what is happening right now in the world of cryptocurrency and will try to invest the maximum possible impact in the common cause.

 

[Ali saher]

I think future of crypto currency very good and we see after some years so many countries allow this but maybe they add some rules using this currency .

I think crypto currency take the place after some years USD and uro 

[cryptofly]

Future is in cryptocurrencies and blockchain.  But it is not just a matter of time as in order to succeed the ecosystem needs mass adoption and that is for sure a job we all have to be doing right now.  Big corporations are developing what they will use to "control" money again, and if we do not start to create confidence among all population then we will probably go back where only a few has the "monetary power".  Banks will not disappear, maybe the way they look right now will, but the bank concept will be there forever and those guys will try to get control again somehow.  My opinion. 

[KURTAULI]

Cryptocurrencies will have no future unless they are used in real life .  bitcoin and blockchain is an excellent technology that needs development .  

[nikvt]

The future of cryptocurrencies
After the rapid growth of interest in cryptocurrency in 2014-17, today it has fallen sharply.

[nuuuitsjdragon]

Sadly, the truth of it is that your average joe won’t and probably doesn’t care about this... as long as it doesn’t affect the person in a direct way, it’s usually hands-off. 

Most people can wait and will accommodate banking hours, and very, very few of us are at that level where we require and have experienced banks bailing us/our company out. ☹️

[nikvt]

i will lay on the beach and smoke drugs. Thx stake for this chance. Because i have no money in real. But i can earn it on stake.