Crypto to TRANSCEND in the new world!

Crypto to TRANSCEND in the new world!

A lot of people didn't believe crypto currency and despite there most likely being more negative news about Crypto than positive, here we still are. Making a difference. Given that we live in a capitalistic society so long as someone is willing to pay for something and someone else willing to provide the goods or services it will continue.

That's something Crypto currency has been able to do and do well, survive because it is both a goods and service that can fill a large portion of real world needs. Many of which we haven't even begun to realize and as each year goes by a new use case, a new problem solved a new move in the right direction unfolds.

It never ends a merger of technology and payment, value online from a series of O's and I's which is quite impressive regardless of the where we are at currently.

I remember when I was younger, I always wanted to be a blogger but I never thought I could make money out of it and although I don't make large quantities of money and who knows if I will ever make enough to retire off, here I am. realising that dream because of Leo Finance.

The Future

But I really want to talk about the future and how Crypto Currency is changing the world in fact we may even see it become the future currency of the world.

It sounds utopian or dystopian maybe even Cyberpunk if we're talking about a future where technology is everywhere and the world is an entirely different place than what we know today.

The reason I say this is because Crypto is doing something in it's short lifespan that fiat currency could never do and while we think of fiat as a physical object it hasn't been so for a very long time.

Fiat in the 80s began going online and digital long before talks of a cashless society ever commenced and while there will always be a place for cash or maybe not if we look to Bitcoin because there is a solution there for a problem but we will get to that a little later.

Fiat has been hopeless in instant money transfers for todays modern world which evolves around here and now. More and more people want their money and they want it fast.

Fiat - The Analogue Phone of Wealth

I look at fiat like old phones that no longer survived the modernization, in fact I don't think analogue phones were around for very long to begin with until they were replaced with digital ones.

Wasn't much of a change to people and many didn't even know but the tech and use completely revolutionised how we connected with each other, and thats something crypto is replicating with wealth. Now I say wealth because at the core of it, that's what fiat is. It represents a piece of your wealth that you can do something with.

But the barrier with analogue wealth like fiat is that for some reason it can't move very fast and attempts to speed up the process haven't yielded that much results. Yes we are able to transfer credits to each other faster but it is all relative.

When it comes to purchases there are still delays that are held up over weekends and if you're transferring to another nation good luck there is an even longer period and lets not hope you also require a currency exchange.

Crypto currency ends all that one quick, simple transaction and funds go from point A to point B and this in itself is a complete ball game changer for how we trade and gain access to funds.

SEC Approves Black Rock ETF

The prospects of Crypto Currency changing the world even more than it already has are so great that we are now seeing people who once fought it off dive right into it. With the recent announcement that the SEC approved BLACK ROCK's ETF being big news just goes to show that more than the long term loyalists are spruiking it's benefits.

Black Rock isn't the only one lining up to provide Digital asset ETFs with a lot more on Friday putting in their own applications which means Crypto is finally coming of age.

If you got in early and have big wallets then you might be in for a payday although it is yet to be seen what benefits if any there will be from these announcements. The organisations themselves have been rather low key and with good reason.

Regulation is still sketchy around what can and can't be promoted with many being caught out in unclear actions having to settle with the SEC. But for the mean time we're watching digital assets transcend!

image sources provided supplemented by Canva Pro Subscription. This is not financial advice and readers are advised to undertake their own research or seek professional financial services.



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