In the year 2021 suddenly we all became fans of cryptocurrencies. The sky-high price of bitcoin took everyone's attention. And now everyone is investing in cryptocurrencies. Influential global banking companies such as Paypal, Mastercard all are investing in cryptocurrencies and making them as payment services.
So, What do you think? Will it become our global currency?
I think it's possible, again not possible though. Anyway, it's unpredictable.
Let's share some thoughts. First of all, I think to become a global currency, that currency should be stable. But cryptocurrencies are highly unstable. Unstable currencies are really problematic. Think about it yesterday I have bought a car and the payment was in bitcoin. After seeing my car you wished to buy it too. So, today you went to the car showroom and tried to buy the same car. And you see the price is 10 times higher than yesterday but the bitcoin amount is the same. How do you will consider this? Will you appreciate this matter?
Thanks for reading my thoughts. Let me know your thoughts about cryptocurrencies in the comment section😀