Week 6 Edition 3:- The Future of Crypto

Hello and welcome to my page. I'm @daniky and here is my entry to the weekly featured contest for week 6 edition 3. This post is in response to the question which states;

"Cryptocurrency is definitely here to stay, it will take over the world some day and paper money might just be history. With such an evolution coming, what do you think should be done to make the Crypto world an easier and better one, so that everyone can benefit equally from it. Please share your honest thoughts, we might learn a thing."

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Based on my perspective, below are what should be done to make the crypto world an easier and better one for us all;

  1. General Acceptability of Cryptos Worldwide: Provided cryptocurrency is generally acceptable by all nations of the world, then it'll definitely be legalized as a means of exhange for the production of goods and services. This will definitely make more people to be investors, curators and stake more of their token for the benefit of their finacial growth. Besides, this will facilitate digital economy while paper currency will be reduced in circulation to its bearest minimum.

  2. Big Techs Massively Adopting the Use of Crypto: Once big techical giants like Amazon, flutterwaves, Alibaba, stock exchangers and the likes are able to make their shopping 100% cryptobased, the $value of cryptos will boost to the moon on a geometric fashion. This will make many individuals, sole propietors and business men want to take advantage of the awesome development.

  3. The Central Bank Inerting Crypto Favorable Law: Gradually the paper money is fading away and cryptocurrency is taking over the lead of this economy. Gone are those primitive days where we once used cowries and metal coins for trade of goods and services. The advent of the paper currency came onboard and now is the introduction of cryptocurrency. One of things that will make the cryptoworld better and sustainable is if the governing body of the world central bank mbrace the full adoption and utilisation of crytocurrencies. This might be so difficult for the central banks to accept or comeby as it will impede the growth of a centralized monentary system. So CB governing body enacting a law that will hold for massive crypto adoptions will as well permit decentralized transactions from places to places.

  4. Tokenizing all Social Media: Social media like facebook, twitter, reddit, michat, instagram, tiktok, likee, whatsapp and many more should be tonized for a well stable crypto economy as it is on the hive blockchain and should be made 100% decentralised. Then if not possible, more newbies and investors should be onboarded on hive as well.

  5. Freelancing sites accepting 100% cryptocurrency: It's good to see few gigs sites accepting full crypto like gigbits, blocklancer, earn.com, cryptojobs, bitfortips, coinbucks and few others. Many of our freelancing sites like fiverr, upwork, amazon, peopleperhour, expertnaire and many more should likely adopt the use of cryptos in full capacity. This will definitely increase the need for cryptos as a means of exchange for goods and services for freelancers and advertizers.

Once embargo laid on cryptocurrency in some countries is removed and these above conditions and more are duly satisfied , i certainly know that the future of cryptocurrency will definitely be better and sustainable one for us all while the level of poverty will be drastically declined. This is my entry to the weekly feature contest for week 6 edition 3.

Thank you for your time and do have a wonderful moment

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gif credited to @doze

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