Hello everyone reading. Today I decided to speculate that the world is changing. The world has never remained static and the events that take place on a daily basis affect the course of human history. Take the coronavirus infection that eventually led to a pandemic. The pandemic has directly or indirectly affected the life of every person on earth. There are those who made a lot of money on this, but there are those who lost the most valuable thing during the pandemic - life. This is the harsh truth of modernity and cannot be ignored.
Covid has also affected the labor market by depriving many people of their jobs. However, this in turn triggered a chain reaction that led to an increase in the popularity of alternative sources of investment and income - the blockchain. Previously, no one could have imagined that the creation of a cryptocurrency would be the first step towards global economic changes in the world. That cryptocurrencies will open their eyes to a different path of economic and technological development and show the entire inconsistency of the existing financial system.
At the time of this writing, the cryptocurrency market has started to move down again. But this only underlines the high volatility of cryptocurrencies. Since the inception of bitcoin and to this day, the blockchain has been developing very rapidly. The mighty of this world have long understood that it is impossible to fight progress and global changes. It is believed that they are spurring these changes. There is some truth in this. However, the blockchain opens up the possibility of development and income for ordinary people who previously did not have the ability to globally influence the financial system.
The state power machine does not have control on the blockchain, and, accordingly, loses financial power. To retain the power of the state, they act according to a simple principle - if you cannot defeat the enemy, then become his friend. In other words, we see that states are trying to fight against cryptocurrencies, but at the same time this struggle develops into the fact that some large countries have announced the creation of their own analogs of digital currencies. Other states such as El Salvador have legalized bitcoin as a legal tender in their country. There are countries whose legislation does not prevent the use of cryptocurrency. This is just the beginning, in the future cryptocurrencies will become everyday life, cash and an outdated financial system is living out its last years. Probably.
Blockchain has provided the foundation for many projects. For example social networks such as read. Cash or many others. Previously, people could not imagine that their content could bring them additional or main income. Corporations like facebook are used to making profits from advertising and their users. But users get nothing. Blockchain broke the established trend and changed the rules of the game. Now an ordinary person with ideas and the Internet can become part of the growing decentralized community and earn money for it. Amazing times.
Currently, there are even projects that follow other projects. You can see a lot of decentralized projects and choose what you like. There are even decentralized blockchain-based games that you can play and make money in. It is available to everyone. The main condition is the availability of desire, an electronic device, the Internet and, most often, small financial investments. Internet 3.0 has become a place in which the very concept of the world wide web is changing. The pandemic opened the eyes of people to the imperfection of the existing system, and the blockchain showed that the old financial system is imperfect.
Despite the fact that the cryptocurrency market is currently in red (falling), this is just a great opportunity to take advantage of market volatility. All that remains is to wait for the right moment to buy bitcoin cash or another promising coin at a good price. Each situation has its positive aspects.
I am just studying, but I see great prospects for bitcoin cash and blockchain. I am delighted to be part of the growing community of read.cash. Thank you for your attention!