The Role Of Cryptocurrencies In Our Life: Saving Bitcoin Cash For The Future

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2 years ago

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.

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.

We could pay off debt using crypto as what@esmeesmith said.

Some parents here are using Bitcoin Cash to build a better future for their children like @PVMihalache

We can use BCH to protect ourselves against financial rights abuse just like what @Fexonice1 said.

We can build our dream house with Bitcoin Cash like @bmjc98

And we can make Bitcoin Cash as our bank and savings account just like @Eybyoung has been doing.

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:

  • 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.

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Comments

Excellent article, Jane. You are right on regarding bank fees and how cryptocurrencies saves money while letting newbies collect coin with low volumes and little commitment. BCH is one of the best.

$ 0.00
2 years ago

True sis. Mahirap oang makahanap ng trabaho ng may sapat na sweldo kaysa sa pumsa sa board hahaha. Mas mahal pa ang tuition kaysa sa sahod. Huhu

$ 0.00
2 years ago

Sobra tama ate, Bitcoin.cash can change someone life. Pwede pambayad, panggastos lalong-lalo na pag save para sa future and good thing is less hassle.

$ 0.00
2 years ago

The positive change and opportunities crypto has brought to the world is unlimited, I recently told someone we are yet to see the best of Crypto because once the adoption reaches even 50% global, things will definitely reach a whole new level.

$ 0.00
2 years ago

Yes right . crypto currency is important in our life ...very should care about it. Thanks nice article dear

$ 0.00
2 years ago

Dun ako sa no minimum account balance required. Yung mag oopen ka ng account sa bangko pero kaylangan pa ng around 3k para lang magawa mo yun plus processing fees. Buti na lang di ganyan sa crypto.

$ 0.00
User's avatar sc
2 years ago

The crypto-verse is vast and complex, you have to study the market very well to be able to invest and take risks. These decisions are not so easy in such a volatile world.

$ 0.00
2 years ago

Cryptocurrency is seriously the best thing to have happened to us in this present age, a lot of people has effortlessly changed their lives with the knowledge they got from it and so far, the best crypto I have interacted with is BCH. Faster transaction speed with a very low fee? Oh yes

$ 0.02
2 years ago

Yeah. The btc maximalist should realize it..

$ 0.00
2 years ago

Tama talaga lahat ng sinabi mo dito,lalo akong mag pursige na mag ipon ,siguro naman di pa to late sa ages ko para maka pqg simula

$ 0.02
2 years ago

It's never too late.

$ 0.00
2 years ago

Thanks to crypto currency alot of new opportunities has been opened to me

$ 0.00
2 years ago

Yeah that the beauty of digital currency... Thank for this piece 👏

Piece

OkanlaDavid

$ 0.00
2 years ago

Could you please tell when i can buy DSLR camera?

$ 0.00
2 years ago

I really hope I could hodl again, it seems that every BCH I earn keeps going to smartBCH to invest on something, haha! Palagi nlng ako last na transfer..

$ 0.02
2 years ago

More than half of my bch goes to sbch 🤣..

$ 0.00
2 years ago

One smart guy once said... don't fell in love with your crypto. One day you will have to leave them and never look back

$ 0.05
2 years ago

Who is that smart guy? 😁

$ 0.00
2 years ago

We are so lucky talaga to discover this platform no. Mas dito kasi tayo nag bloom ee, mas naka discover ng bago ans mas nakakapag ipon. Bitcoincash lang sakalam.

$ 0.02
2 years ago

Kya nga..san kya tyo ngayon kung wala to 😅

$ 0.00
2 years ago

Kuu malamang ako naghahanap oa rin ng earning site, baka nga nagtyaga na din sa captcha or pwd ding mag sawa na at wala nalang gagawin 🤦🤦🤣

$ 0.00
2 years ago

Haha.. Kya nga. Sa task2 na 50 pesos a month lng nakukuha ,🤣

$ 0.00
2 years ago

Yan naexperience ko yan sa captcha tas wala pa ngang 50 sa isang buwan hanep hahaha

$ 0.00
2 years ago

BCH is a very outstanding blessing to the world. It is a currency that will unite everyone together. The future is BCH

$ 0.02
2 years ago

Nakakaurat nga lang sa cph kapag nagconvert ka.

$ 0.02
User's avatar Yen
2 years ago

Binance p2p nlng madam..

$ 0.00
2 years ago

That is the reason why I wanted to have a in the physical world too ate kay parama save nako akoang earnibgs jud drea ay.

$ 0.02
2 years ago

Kaya.. Prang blessing in disguise narin tong extension ko. Mas madami opportunities na dumating..

$ 0.00
2 years ago

I agree with you Jane, having a degree could be a ladder to success but was neve the guarantee. It was so demn hard to look for a job and there are even companies that the school where you graduated was a big deal. I gonna saved your article as I am already planning to explore this after I got to hold 1BCH, Then I will used the rest of my earnings. Konti na lng, so I gonna saved this article of yours.

$ 0.02
2 years ago

Yey.. Kunting push pa 😁

$ 0.00
2 years ago

Yep mga 0.09 na lng, hehe then will go.into it na. One goal at a time

$ 0.00
2 years ago

Madali nlng yan.. Mbaba pa bch 😁

$ 0.00
2 years ago

I am also one of million people that was greatly benefited from BCH, it's really a great lifesaver and financial developers that the community began to show me the real feeling of holding your money, and managing it with our risk, well risky as they say but the volatility is a friend. BCH reach a low price which is really a benefit for us to hold and accumulate more satoshi hehe. Indeed the future is BCH and I am also proud that I will be part of it.

$ 0.02
2 years ago

🥰.. Grateful and proud

$ 0.00
2 years ago

I wish not to spend my bch too but to keep saving for the future but this can´t happen until I have a stable source of income outside crypto. I am already working towards that once I graduate so I can keep saving my bch just like you.

$ 0.02
2 years ago

Looking forward ma.. For sure you'll succeed..

$ 0.00
2 years ago

The world of the crypto is indeed a volatile one and the simplest truth is that all those persons that have made it financial today, took those risks to reach the level where they are now

$ 0.02
2 years ago

No risk.. No gain.. 😁

$ 0.00
2 years ago

Bitcoin Cash is the change we need. I understand the BTC point of view, but the way I see it, it is better represented with Bitcoin Cash, rather than BTC today. It is a transition, and we can spend more when adoption increases and price as well.

$ 0.05
2 years ago

BTC is just known because it was the first.. But BCH is still the best..

$ 0.00
2 years ago

Crypto especially BCH is best alternate of fiat with more dynamic future. Exactly said , today's one BCH is tomorrow two. Then BCH gives us sovereignty , independence and pure ownership without any fees, charges and taxes.

$ 0.02
2 years ago

Curious ako king and nangyari sa saved ng father mo sis, Hindi niyo naba nakuha yun? Kasama ba nun ang pagkabankcrupt nung nasave na pera ng father mo sis? Kaya ayoko talaga magopen kasi yan iniisip ko paano kung nalugi yung bank anong mangyayari sa mga naginvest or nagsavings dun? Hehe

Sa ngayon may ipon ako para pangbili ng washing na pangarap ko. Hehe yun pa lang pero hopefully makasave din pangbili ng mas malaki pa.

$ 0.03
2 years ago

.. Hndi naretrieve yung pera..

$ 0.00
2 years ago

Hala grace naman pala yun sis, sayang naman. Kaya hindi talaga safe ang bangko.

$ 0.00
2 years ago

It has a huge contribution to us, especially on our daily lives. Cryptocurrency made our life convenient makes alleviate through cashless transactions.

$ 0.02
2 years ago

Indeed

$ 0.00
2 years ago

Amen to all of those sis! It is incredible how crypto can change lives and make it easier too. To be honest, I have closed all my bank accounts except one, lol!

$ 0.02
2 years ago

Really? Dami bank accounts haha

$ 0.00
2 years ago

Mga walang laman, lol!

$ 0.00
2 years ago

Mga walang laman, lol!

$ 0.00
2 years ago

I'm hold everything. All my BCH!

$ 0.07
2 years ago

Hold now, spend later 😃

$ 0.05
2 years ago

It's true Bitcoin cash can be our safest bank, without any complicated requirements. It has helped us alot to be financially stable.

$ 0.02
2 years ago

Yup.. In many ways

$ 0.00
2 years ago

BCH has saved me from the most simple things like having my family's cellphone load to paying for the tuition fee of my daughter 🥰.

$ 0.07
2 years ago

🥰.. Such a life saver

$ 0.00
2 years ago

Yes indeed 🥰

$ 0.00
2 years ago

Meaning, bitcoincash and other crypto tokens can save us from financial losses with us being aware. I hope na maging accepted as payment na ang bitcoincash dito sa Pinas.

$ 0.02
2 years ago

Yup . hoping.. So we could directly spend our bch without converting it into fiat

$ 0.05
2 years ago