How the world can adjust when using cryptocurrencies
A while ago I talked about how difficult it will be for cryptocurrencies to come to dominate the world by putting the physical money back.
We live in very difficult times, where there is a global economic recession, countries running out of money, suffering various penalties and resources ending, the use of cryptocurrencies will be the way out of many of these countries.
I particularly see a solution to be adopted in my country Angola, given that we are facing several difficulties in obtaining $ Dollars, through a blockade made by the USA, the use of cryptocurrency as it is universal will supplant the Dolar.
There are many advantages to using cryptocurrencies, including the universal use of currency without much bureaucracy.
But as I always say, we cannot bring a solution to a problem that will raise another problem, in my view, cryptocurrencies are at a great disadvantage when it comes to anonymity, through struggles raised by various governments over financial transparency, fight over corruption, without solid work and breaking anonymity about cryptocurrencies, maybe they have an endorsement as quickly as possible from the world governments, it is a lot of resource that is lost trying to make money, until then cryptocurrencies are in great advantages and not only .
Another important aspect is the tendency for cryptocurrencies to not have a solid base with respect to their variation in the market, they are inflated in a very wrong way, but I can only see a consistent currency to TETHER what an ambitious project!
Anyone today can inflate the cryptocurrency market, so we see several projects disappearing all of a sudden because there are still guys who take advantage of the ingenuity of many people, and this poses a huge problem, How to recover money made from cryptocurrency transactions? Since they are anonymous it is impossible to recover, and in a short time TWITTER suffered an attack and several celebrity accounts were affected, as a result many people deposited money in an account, which through the attack someone impersonated several celebrities requesting the deposit. bitcoin to help with a campaign ...
The damage was huge, but that's just one of the big problems with cryptocurrencies
To be continued...
