Why Betting Against Crypto Right Now Isn't A Very Good Idea.
About 7 to 10 years back, the crypto industry wasn't really as trusted as it is today and so at the time, many people were quick to bash the technology as a scam and popular names in the business world were on top of the list of those betting against Bitcoin and the entire crypto industry as a whole. Most people wither didn't like the concept of a digital money that the identity of the owner is preserved, money not created by thr government and money that can't be be physically touched. Crypto also got the reputation as being the currency of the devil because of its use on dark Web . So most people betting against it were if the hopes that something somehow would put an end to the whole crypto saga, it could be the government, the people or the idea itself.
Well, it's 2023. The crypto industry gas become one of the biggest in the world as millions of people have joined the train and now see cryptocurrencies for the good they are. Yes, the space still has its flaws like with every other industry in the world but it currently have more believers than it ever had. The space is constant evolving as there's always something new being created / built and there are flaws being exposed that would help shape the space into becoming a better one.
Betting against the crypto industry right now isn't a very good idea for so many reasons. First of all, the fact that the future is digitalized shouldn't even make any one want to bet againt the technology. Also we are beginning to see more reasons why the tech is a life saver and an exposer of flaws in our societies. For example, content creators are beginning to have complete control over their creations and have the freedom to express themselves. Many other features of the technology like transparency would be tbe future of society events liek election and data storage at facilities. All these and many more are reasons why we shouldn't even be betting against crypto or anything we really don't know much about. I believe the space is gonna be doing much bigger things in thr future and I look towards that.
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