ANOTHER ROUND FOR CRYPTO
Lately I have been pressed to understand the dynamism of crypto in this world.
The speed of the situation takes all the guesses around us. It is clear human has not changed a bit.
Actually something is about to change for good. It is the power of the consensus.
Crypto slowly is showing most of its cards in time of despair.
I have to say crypto was born in time of great desperation. The rise of crypto may look like a revolution in the making to change how we view currency.
I mention not long ago the disparities between crypto and Gold.
Usually it is good to take upon something that have been around for millennial to bring something much better.
Thinking about gold again, it has other use case that has nothing to do with currency. While I may not want to go to that route today, crypto is the money of the internet. You can flip it, give it any name you want.
The resiliency in crypto is what makes it so special.
On my way out of work I was listening to a show about the early 80's where software piracy was something new. Even PC was something new.
Somehow folks from East Europe can only get hands on western technology through piracy. They were good at it. They discovered how capitalism works and the rest is history.
Crypto is gaining valid experience these days. Hope the Ukrainians and all Europe put crypto where it should be. As long you have internet access you can do your business as usual. Banks are quasi close right now. This is a test to see how crypto is accommodating with the world.
We know for sure the banning is out of the door.
Regulation is another one where you need to regulate the internet.
Apart from the cry to hold I usually make, crypto stands to rewrite the financial market.
It may not be done this year, it is the beginning of this taking.
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Gold is also a good volatile that have exist in millennials but the rate at which Crypto change the world is more than imagination which I'm sure 20 years to this time gold can't do the same. I hope I made a little contribution, eventhough I'm out of the topic
Gold is really important in its realm.
Every time I mention gold with crypto it is an opportunistic reality for us to transition from hard asset to digital asset.
We are on our way.
Thanks for passing by
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.I hope we will see BTC and some other important cryptos rising during such disaster in the world as a safe port, rather than the gold.
If you hold gold you will say the same thing.
I will say I want both to grow and crypto to lead.
Gold will remain for the future the best of the best in the physical realm.
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.as long as we have how you say access to the internet we will be calm since we can make our personal transactions, that is one of the advantages of cryptography. Let's hope that the war in Ukraine ends soon and without more innocent casualties.
I wish we could use crypto to rein in imperialistic governments.
We all like this internet money, its full of freedom and gives us power over our finances.
You're right to say crypto was born in the time of despair. It's a testament to how the concept of money was suppose to evolve, nevertheless, the talks of ban will always be on the table, but eventually the system will be powerless to prevent its growth.
People are starting to lose faith in the banks but I think people also need to start thinking about whether or not they can trust FinTech. Paypal and other payment processors can easily do the same thing as banks and cut you off from the system.
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