In the past 2 years, the crypto industy has witnessed the biggest adoption it has seen in years and we love to see that with every passing day, people recognise how great this industry is how it revolutionary it is. However, there are a few forces or factors driving the mass adoption of cryptocurrencies all around the world and I'll be talking about 3 of those borderless popular forces.
The Opportunities.
The first and most force driving the adoption of cryptocurrencies is the fact that the industry has been recognised for its opportunities. Many of those in countries rapidly adopting cryptos get involved with cryptos because they either heard or have met someone who talked about how crypto changed their life for good.
Borderless, Fast and Cheap Transfer Of Funds.
There was a time when if you wanted to send funds internationally, you'd have to go to the bank, stay in queues, questioned about who you were sending to receiving from and pay a fee for your transaction. This process could not so hectic and could take days to complete. It got better however with bank apps but its really not as swift, cheap and convenient as with sending funds in form of cryptos. This is why most people prefer crypto as the best option for international transfer and even when there's need for local transactions, cryptos eliminate the third party and makes the transfer a quick and very cheap to carry out.
Fiat Devaluation.
This is one major reason most folks adopt cryptocurrencies because the value of the national currency keep crashing. Personally, I relate to this so much and its one of those reasons why holding and keeping crypto would always bey favorite thing to do. I've watched my national currency lose value in a way I can't comprehend but I'm glad I was safe to a good level because I had decided to stop keeping the fiat and have them as crypto instead. Having my money in stable currencies like USDT or HBD makes me more relaxed and diversifying in other cryptos like Hive and Eth makes me more hopeful.
Crypto mass adoption is inevitable and it would only keep increasing as people understand the need to involved with the industry.