read.cash Log in
@Jane

The Role Of Cryptocurrencies In Our Life: Saving Bitcoin Cash For The Future **February 1o, 2022** There are a lot of opportunities in the cryptoverse that we shouldn't miss. We just have to explore this sphere to get hold of them and be brave enough to gamble and take the risk. Everywhere is risky anyway. But if financial freedom and stable life is what you aim for, you have to venture into this unpredictable and volatile world of opportunities cautiously. https://read.cash/@Jane/opportunities-in-the-cryptoverse-that-you-shouldnt-miss-c30ae8e9 In the real world, the inflation rate is uncontrollable, banks are untrustable, the economies are often unstable, governments are corrupt, the world's main issues are unsolvable, and prices, taxes, bills, different transaction fees and payments, and poverty levels keep on rising. And most of us are financially unstable. Despite the diploma we attained, finding a better job in our own country with a higher salary is tougher than passing a final examination. Standards are usually as high as the inflation rate levels, yet, salaries are as low as the percentage level of the solved economic issues of the country. So living in this fancy world is survival of the fittest and the wisest, not just the smartest. Because your tons of medals and bulks of diplomas aren't enough to achieve the life you desire. Unless you're only saving your own ass and no one else is on your ship. No burdens, no commitments. That would be easier for you to survive. The Role Of Cryptocurrencies In Our Life In more than a year of staying in this cryptoverse, I could say that I am more capable of doing more things now compared to when I was innocent about cryptocurrencies yet. Aside from the awareness and knowledge I acquired, I somehow managed to secure my future through the help of cryptocurrencies, especially **Bitcoin Cash.** There are a lot of valuable cryptocurrencies that would help us achieve financial stability and our dream life. And one of them is Bitcoin Cash. Given that it holds the biggest percentage in my portfolio, in many ways, BCH proved that it isn't just an investment vehicle. It sounds money to the world, a great medium of exchange, and not just a store of value. It holds all qualities of real digital cash. And just like what @Pantera said, Bitcoin Cash is a remedy to the upcoming financial meltdown. https://read.cash/@Pantera/bitcoin-cash-a-remedy-to-the-upcoming-financial-meltdown-894ad9ff We could pay off debt using crypto as what@esmeesmith said. https://read.cash/@esmeesmith/how-to-pay-off-debt-using-crypto-ce831b86 Some parents here are using Bitcoin Cash to build a better future for their children like @PVMihalache https://read.cash/@PVMihalache/i-am-using-bitcoin-cash-to-build-a-better-future-for-my-children-2232fdf4 We can use BCH to protect ourselves against financial rights abuse just like what @Fexonice1 said. https://read.cash/@Fexonice1/use-bch-to-protect-yourself-against-financial-right-abuse-7eb85f98 We can build our dream house with Bitcoin Cash like @bmjc98 https://read.cash/@bmjc98/building-my-dream-house-with-bitcoin-cash-31c57dd0 And we can make Bitcoin Cash as our bank and savings account just like @Eybyoung has been doing. https://read.cash/@Eybyoung/bitcoin-cash-is-my-bank-and-savings-account-for-long-term-plan-a850292f Because we can be our own bank with Bitcoin Cash Banks and financial establishments are untrustable and unsecured. This reminded me of my father who worked hard as a soldier and saved for my educational plan. But that bank went bankrupt, including the money that was supposed to be for my future. It seemed like the sweat and blood he rendered only faded like bubbles in the air. And just like that, our money in any bank could easily vanish if uncertainties happens. Because we don't have the utmost control of our accounts. But with Bitcoin Cash and other valuable cryptocurrencies, we can be our own bank and have full control of our accounts. Just like what I have tackled in my article, **One BCH Today Is Worth Two Tomorrow**, saving Bitcoin Cash has: https://read.cash/@Jane/one-bch-today-is-worth-two-tomorrow-how-i-got-my-7-bch-e33f4c53 **No Complicated Requirements** We don't need a lot of requirements to create a crypto account, unlike in traditional banking. A simple phone and data are even enough to make one. And passing KYC on some platforms is just a simple requirement. It's not time-consuming and less hassle. We can start anywhere at any time. **No Minimum Account Balance Required** We can start at any amount, even as low as $0.01. And that small investment you have would grow as time passes by. Unlike in traditional banking that you need at least $100 to open a bank account. In cryptoverse, we can even accumulate cryptocurrencies for free effortlessly. Something that the real world couldn't offer as everything has price tags and even seldom get some freebies. **No Withholding Tax and Extra Charges** Holding Bitcoin Cash and other cryptocurrencies in any wallet don't have extra charges and taxes. And that more or less 20% withholding tax of other banks and financial establishments is a pain in the ass. Moreover, accumulating interest in a traditional bank is done annually. Unlike in the cryptoverse, we could have passive income in DeFi. **No Burdens In Withdrawing and Transferring Funds** The withdrawing process on crypto wallets is as easy as ABC without the intervention of any third party. Unlike in traditional banks, only those who are authorized to withdraw and transfer your funds can access your account. And the banks can even access or freeze your account. However, on crypto, there is a principle, "*not your key, not your wallet.*" Our funds are safe and only us has full control of our accounts. And if any unexpected circumstance happens, funds are retrievable using the secret phrases. We just have to be cautious before taking any actions to avoid any losses. Since day one of staying in this cryptoverse, I can't deny the fact that my Bitcoin Cash is not spent yet and just saved. Currently, I have a source of income in the real world, so my cryptocurrencies including Bitcoin Cash are saved for emergency and future purposes, especially once I become jobless. That's my main purpose in saving BCH and other cryptocurrencies. Yet, my Bitcoin Cash is used for tipping and supporting BCH projects like SmartBCH. That's another way of diversifying my BCH portfolio as well. Cryptocurrencies were mainly created to solve the unsolvable issues of the real world, especially the real banking system. And that's the main role of peer-to-peer cryptocurrencies like Bitcoin Cash, to mitigate the intervention of third parties like banks and financial establishments, and can't be controled by the government. With this, my future is secure with Bitcoin Cash and SmartBCH. Thanks for reading.

**Follow me on:** **•****read.cash** **•****noise.cash** **•****HIVE** **•****Publish0x** **•****Torum** **•****Twitter** https://read.cash/@Jane https://noise.cash/u/Jane1289 https://hive.blog/@jane1289 https://www.publish0x.com/?a=jnegJAq6dw https://www.torum.com/u/jane1289 https://mobile.twitter.com/yburada1289

$1.85

58 comments

Log in to join in Reading is open to everyone. Replying needs an account.