Cryptocurrencies changing the world

My life is constantly changing, almost as much as cryptocurrencies do daily. And even though we are in a time, which has not been the best for crypto enthusiasts, far from discouraging, there are always more people joining this trend.

In my town, there are more and more businesses that have crypto as a payment method, (especially Binance, but little by little many are getting to know other platforms such as Bitcoin Cash), and far from being something complicated, people have gradually adapted well to these new payment platforms, which highlight the need to seek alternative methods to have your money, either by inflation issues, or simply to diversify your portfolio.

And as everything in the world of cryptocurrencies is volatile, today you can invest $100 in a coin, and tomorrow your investment triples, but in three days there is an abysmal fall and you lose half of what you invested. That's how wild this world is, however, and despite all these risks, that we keep our money with "stable coins" gives us more peace of mind to keep our capital intact.

Conventional economics will always go on the offensive

Of course, the traditional economy has never looked favorably on the use of crypto, especially because one benefit of using them is that you eliminate the middleman, becoming the protagonist (and responsible) for all the movements you make, immediately, without reviews, with low commissions (with #BCH which has very low commissions), and without all the bureaucracy that characterizes banks in the outside world.

The decentralized economy causes a certain "itch" to those large global consortiums, which lose a little control of what they had already been accustomed to doing in previous years. And it is great, for example, that someone sends money to another person in Brazil, and that money is destined for India and arrives in seconds. That is a wonderful advance, all in a wonderful network like the blockchain.

This has brought as a result two interesting things: the big banks of the world, openly discouraging the use of crypto, and big companies adapting to this new era to try to be pioneers in what will be something inevitable.

We always have the excuse of illegality

For as long as the world has been turning, there have always been shady businesses. That's a big reality. With any kind of economy it happens, and it will happen. One of the red flags applied to crypto (where they only name bitcoin) is that it is used in fraudulent businesses; and well, it is partly true, there is the famous deep web where it is typical to see transactions with cryptocurrencies, and a few years ago a kind of eBay called "Silk Road" became famous for the variety of things it offered, not exactly good... Weapons, narcotics, and a whole range of illegal products. Even the FBI seized everything, including the proceeds.

But come on, there is an awful lot of money in the wrong hands moving around daily, and not exactly for cryptos. Tax havens, cash, everything is used for evil, and one way or another makes it work, so why look at cryptocurrency operations in a poor light? Well, because then they would no longer have the same control.

Every day more and more people join, and we will be more and more. Undoubtedly these operations give a unique feeling of financial freedom, and with just a computer and internet connection, you can have access to them, investing your money in a much more dynamic way. Undoubtedly, this will be the future, and we must learn to live with cryptocurrencies.

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