Truckers' frozen bank accounts by Canadian governments has proven that properties in banks are not secured. Digital blockades have a bigger effect on people. They can not get access to their properties. When a family needs funds from a bank, but the father's account is frozen, what would happen? All the family members may be hungry.
The cryptocurrency that is represented by Bitcoin is a symbol of freedom. It has censorship resistance over digital properties and wealth. Your key, Your money.
In this matter, cryptocurrency is not an alternative to saving and securing digital properties and assets. It should be a choice. Hive , HBD offers a great rewards system when one locks their assets. Hive and HBD are both feeless and secure. Bitcoin , ethereum, Litecoin and other coins may interest you. They are all good.
Starting now, everyone should convert at least half of their bank assets to cryptocurrency.I do not agree if you move all assets to cryptocurrency because daily costs still need a bank balance.
When the world is in a big crisis like war, I think some countries' currencies will have no value. There are going to be big problems when a country's currency has no value. A person who owns lost value of currency will lose his or her wealth without spending any money.
Therefore, it is a great decision to secure a half of the asset in cryptocurrency. The social credit system and digital id that are going to be implemented by World Young Leaders will be social and financial control by the governments.
What makes people doubt to secure their asset in cryptocurrency?
It all starts with knowledge. Without basic knowledge, one would have no courage to secure their assets in cryptocurrency. The misunderstanding of cryptocurrency also becomes an obstacle. Cryptocurrency developers should offer simple apps. Simplicity and pragmatism are the keys to the mass use of cryptocurrency wallets. When new users of cryptocurrency are burdened with some commands, words, privatekeys, recovery systems, and other technical issues, they become reluctant to secure their assets in cryptocurrency.
Cryptocurrency apps should have as simple a user interface as possible but be secured. Thus, users will not be afraid of losing their private key.
There are many people who do not care about the volatility of cryptocurrency. Media outlets that boost the price change have no effect on cryptocurrency users. The first thing that people want from cryptocurrency is simplicity and security. Cryptocurrency is a store of value asset that most people will have in the near future.