Cryptocurrency conversation!
Give Your opinion and get upvoted!
Blockchain technology is the Future in my opinion and same as me many other cryptocurrency enthusiasts hope that Cryptocurrency will have a great future.
Bitcoin was created in 2009 and it only started to have a great impact at the beginning of 2017 when most of the crypto exploded and by the end of the year 2017 bitcoin was $20,000
2018 started badly as in every year Bad news came around and a massive sale drove the price of Bitcoin to a low of around $6000
Bitcoin is now $8700 reaching over $9000 a couple of hours ago
Satoshi Nakamotos idea of Bitcoin is in essence an ideal way of keeping money safe and without a third party that keeps your cash like a bank that tomorrow can go bust because a big number of people will withdraw their cash or many more other scenarios
In England Bank Deposits make 97% of all money in the economy and that are in a way just some numbers you can see in your Bank Account
Only 3% of real cash are in Circulation in England.
I'd love to see it the other way around!
With people holding that 97% of their cash in their online/offline wallet without the need of a bank/third party
Cryptocurrency transaction are user friendly!
Why have to trust a bank to hold on to your cash?
Now as an exemple you can send virtual cash from your cryptocurrency wallet in just a few seconds
Achain Blockchain has 1000 TPS
Basically 1000 transactions a second
When I make a transfer it only takes seconds to have the tokens showing in the other wallet easier and faster than right?
We know many more have to be implemented in order to have cryptocurrency at a high level of service before being used and accepted worldwide
All Cryptocurrencies just need a 💳 to be able to withdraw it at any atm 🏧 in Fiat
However I'd love to simplify that and use cryptocurrency in all shops and be able to freely pay with cryptocurrency tokens everywhere I today use Fiat
If you ask me you are safer with the cash staked up under your mattress instead keeping it in the bank!
Corruption and many other issues that involves your cash without you having much to do about it and can't really protect it in any way is surely not the future our kids would want to live in!
I'd like to know your opinion on whatever you think about Cryptocurrency
Blockchain Technology or Banking system
What do you prefer?
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