A world where crypto is everywhere
As we all know I am a cryptocurrency enthusiast I think I've made that pretty clear through my blogs. That's why I really believe in this technology so much because deeply I believe this technology will succeed. We can see it happening in front of our eyes right now just look at how ell the market is doing now. Cryptocurrency always bounces back it never fails and crumbles. It always holds and is now the best investment you can you make it terms of returns and the safety of your investment. But on top of all that the total market cap of cryptos is 2.3 trillion dollars. Making it a good portion of the worlds conmen even before the crash it was at 5 trillion dollars. This is why I also believe in the future of cryptocurrency and the topic of todays blog. So in todays blog we are discussing what I really believe is our future.
Replacing devaluing Fiat currencies
Its not a question of weather crypto will do better then the us dollar. It is now a given most cryptos are outdoing the devaluing us dollar. It's not only the dollar that's devaluing now but most of the worlds currencies are right now. Some are doing better then the dollar such as the euro but are still overall losing their value. This just goes to show the world is having less faith into the currencies they have regarded the highest and best to use. In replace I believe we will see cryptocurrencies come into play. Especially cryptocurrencies like stable coins and financial payment based cryptos. I also believe that Defi and Proof of stake coins will also out compete the dollar and the current banking system. Which leads to the collapse of the whole financial system we're in right but also leads us to our next topic of discussion.
Crypto and Crypto financial products replacing banking
Another reason why cryptos will replace fiat currency is because the returns you can get on some cryptos through staking and other apy based applications like interest based wallets and Defi. Most banks interest rates are not good enough and are undeniably lacking good returns. Staking based coins could be used as saving. While free of fees and charges based interest wallets could be used to make everyday purchases or you could use crypto exchange based credit and debit cards. Some of which give you cash back in crypto. Which means you can earn money while spending money which I believe will be a good factor for people to consider when thinking about crypto. But on top of that who wouldn't want to own and use a currency which always goes up which leads me to my next topic.
The main Cryptos always go up
As we've time and time again crypto always goes up and hits new heights it's never hit before. even when the cryptos crash they always have a come back and out perform their previous records. Cryptos are the best performing investment right now. So imagine a world were the money you pay with and get paid with are always going up in value. A good crypto that we are see being adopted and being more investigated into by retail companies and other companies is bitcoin. which we have seen time and time again always go up and hit new records. Bitcoin could become the new payment standard and could explode its price and popularity. But another crypto alternative I could see popping up to is retail companies using and making their own cryptos. Which leads us to the next topic of discussion.
Company Cryptocurrencies
Another big trend I see coming during these times is companies making their own cryptos. They can doo so much with these cryptos to bring more customers and traffic to their products and stores. Like giving a discount when a customer uses the company crypto to pay instead of using another crypto like bitcoin. They could also use cryptos as another source of investment but instead of being through banks and hedge funds would now be from the public directly buying their coin. This would probably help a lot of struggling companies who don't get much investment like GameStop. It would also be a great way for companies to interact with the public and their communities. I see a lot of potential in this and I hope companies do too as it would be a win win situation for everyone.
My Final Words
If you enjoyed the blog leave a like and share it with somebody. Leave me some feedback with your comments to let me know how I did. Let me know what you liked and what you didn't so I can improve the blog. All your likes and comments are deeply appreciated. Follow the blog to stay up to date along with my socials where I post daily content as well. Then there's also my website where you can put in a submission form to let me know what topics you want me to cover along with other things such as referral codes and affiliate links. Thanks for reading hope you enjoyed.
Follow My Instagram
Link To My Website
