Reasons I still believe in crypto

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Written by
2 years ago
Topics: Crytocurrencies

We are currently in a season where most people are openly expressing their disappointment in crypto and regretting ever coming into the Crypto world. They have incurred losses and no longer see anything good in crypto. They now tag crypto as a failure because things are not going their way or at least the way they expected it to.

It is actually disheartening for every crypto lover to see it just depreciating in price every moment. It makes it looks like the enemies are winning over crypto but that is not at all the case because price is just one aspect that defines crypto values. As long as they are not Worth zero dollars, the other uses are still maintained and a greater percentage of it values still intact.

One good thing that everyone who ever believed in crypto should know to maintain their hope and faith is that, this is just a season and those who courageously invested and have the ability to wait will reap in no time. This time is going to pass and if you don't want to believe in this for any reason, you should research about the journey so far, the turbulence crypto had encountered in the past to become this big. I still believe in crypto for virtually every reason that made me dived into it the first time but here are few of them to make my point clear.

The transactions are still instant

What has been the major complaints about the money services rendered by bank over the years? Sluggishness is undoubtedly the leading complaint. Especially in third world countries where their services are so poor and there are limited numbers of them to bank with. Their customers are so much that, instead of giving them the Bank traditional nice treatment, they behave like they're doing the customers favour and you would have to stay on the queue and even at worst beg before you could withdraw your own money.

Sending money through the Bank to a third party has been a thug of war. Sometimes, aside the waiting time, your money could be seized which you would have to visit the Bank before retrieving. By then, the purpose for which you wanted to make the transaction in the first place would have been lost. It is so sad.

But crypto even in this dipping period still maintains the speed that made it ultimate for the use of money. You send your money anywhere in just a matter of seconds. I'm aware that it's not all crypto that are capable of doing this but I could proudly point out bitcoincash to be the classical representation of the power and speed of crypto currencies when it comes to transactions. This quality hasn't been lost.

It is still accessible to everyone

I remember a time where I was told that minors couldn't operate a Bank account. Even at the banks where they do, the services rendered to them are limited in so many ways. They are bugged with transaction limits and so many other ridiculous stuffs. The banks are selective of whom to transact with and there are so many paper works to do before being offered eligibility.

Crypto has given even the voiceless voice. Anyone could freely experience what it means to have a financially free life. Crypto has no age limit and it doesn't matter the users' locations. The drop in price hasn't affected this quality.

Even those who are not financially capable but have internet connections are getting the best of crypto like bitcoincash for free from its numerous platforms.

It is still so much powerful against fraud

We all know the deficit of moving around with Cash. You could get robbed or even at the peak of it loose your life in the process. Fruads have deviced many means against the traditional banking system diverting people's funds. The anti-theft that exist in the traditional banking world is so weak that it can't completely eradicate fraudulence.

But with crypto, the key to your account is in your hands and no one can snatch it. No one can hack into your account and you are rest assured that your money stays there for you even in thousand years to come. That is how simple and beautiful crypto is. The price will never change that.

It still offers privacy and strongly against identity theft

The Blockchain is not penetrable. No one can track you. It is unlike your local bank transactions where every of your step is being watched and each transaction could be traced back to you. Tyrants in the name of government have since through this, frustrated many.

On Blockchain, every transaction is made public for everyone to see but could not be traced to any particular person, maintaining top notch privacy. You could make use of your money without fear now, that is financial freedom. And this feature hasn't diminished a bit with the price.

Crypto is still Worth it and if you are still wondering which is the best, consider BitcoinBCH( bitcoincash).

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Written by
2 years ago
Topics: Crytocurrencies

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I also believe too , about the crypto , and i really agree with you that this is just a season that will pass soon , more articles & Godbless po😇

$ 0.00
2 years ago

We are currently in a season where most people are openly expressing their disappointment in crypto and regretting ever coming into the Crypto world. They have incurred losses and no longer see anything good in crypto. They now tag crypto as a failure because things are not going their way or at least the way they expected it to.

lol, this is not how people who understand, like and want to use crypto think. This is how people who wanted to make quick profits think (most of them are so-called BTC "investors"). I am not sad at all that they are turning away from crypto. The real crypto ecosystem does not need such people.

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2 years ago

I agree with you that this is just a season that will pass soon. We only need hope and faith to keep going. I also believe in crypto because of all these you have mentioned and I believe one day, everything will come back to normal.

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2 years ago