Crypto-based financial services

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1 year ago

2023 is a year that offers many products in the form of crypto in the form of financial services. Crypto as a currency turns out to attract many parties. So that various kinds of offering services are formed, of course all of them smell of financial problems. from investments, stocks, loans to term guarantees.

Seeing the trend that is happening, it is clear how the reality is that crypto has been fulfilled by parties who breathe the banking world even if it is said that it is not part of the banking world as a word of reason where crypto is part of the economy while the economy is certainly struggling in the financial side but unfortunately the reality is that crypto trying to be manipulated by the banking world.

Centralization and decentralization are clearly different even though they are a unity that is needed. I haven't forgotten about the problems with SVB, Silvergate and Signature Bank. However, it has begun to see a variety of projects in the name of crypto with the support of financial services emerging.

Image by s__grafik from Pixabay

So remember the lyrics of the song, "people say our land is heaven, sticks and stones become plants", one can imagine how tempting crypto conditions are, like the lyrics of the song above, captivates many people's hearts even though it's not the same as in reality. Crypto was created as an alternative to a currency without a state. This means that it becomes a new currency for the world. It is true that recognition and licensing are needed, but the context has run away from the expected reality. The reason for adjusting to the times was the main capital for the formation and the need for projects that were side by side with financial services, but unfortunately the steps and procedures remained in the old formation.

Taking a point of conclusion whatever the form of a new project that is born turns out to be only the tendency of new crypto developers to lag behind the presence of crypto that has been running from the beginning to the present, a fundamental conclusion is that they only want to catch up with the value of crypto that has been recognized in the market today. Whatever form it takes, if you run from the word development of crypto that is present, it's just a trap.

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