It is the Edition 3 of the Week 6 contest.
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
We all know how cryptocurrency has started dominating the financial system of the world.
No matter how some countries ban Cryptocurrency, it still find it's way, maybe because some rich men in the world are holding some.
We heard the news of how it even helped in the Ukraine and Russia war, where different countries, individuals and companies were giving their support and donations through digital money (crypto)
I don't really know the possibility of crypto fully taking over paper money, because physical money still has it's own advantage.
Analysis have it that before 2030, crypto market will be triple of the current market we are seeing now, that shows that more people will still invest.
You can do your research to know coins that will do well.
Here is my thought of how to make crypto a better and easier one:
LEGALIZE CRYPTO
Why will some countries ban Crypto why it's only aim is to improve the economic and financial state of a country and individual.
It has even gotten to the extend of blocking bank accounts of people who engage in crypto transaction.
Sincerely speaking, it saddens my heart.
DO YOUR RESEARCH BEFORE INVESTING(DYOR)
Some people have lost money in crypto because they didn't do their research well before investing in a coin.
I have been a victim of that before. Not because a coin pumped you buy. It is better to buy a coin when it is on dip(low) and sell when it pump(high).
Thank you for reading and visiting my blog @prechidi