Why I Support Digital Currency Adoption?

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Avatar for Zainab_Fatima
2 years ago

" In the past people used to rob the banks, now the bank robs the people." ~David Alejandro Fearnhead

Howdy my read dot cash family!!!

I hope you are having doing well and enjoying your Sunday. I wish Happy Eid Milad Un Nabi (SAW) to all Muslim Community. May Allah Almighty accept our prayers and shower countless blessings on every human being.

Today we arranged Charity Food for the people at home. We arranged Charity Food for as many people possible every month. This Charity Food is sponsored by Dad ( My Step Father) who is very kind and generous person. Little Charity help us to get peace of mind. Sharing is always caring, it doesn't matter how little we share with others.

Today I am going to share with you why I support Digital Currency / Cryptocurrency adoption worldwide. I'm not anti banker what I am going to share with you is based on my experiences.

Let's have look at the definition of Digital Currency / Cryptocurrency :

Digital Currency is an electric form of assets that are accessible by mobile phones, laptop or personal computer. Digital Currency is volatile and centralized currencies. It is secure by secret phrase and protected by third party interference. It cost low transfer fee and offers instant transaction.

Before heading forward let me share with you my journey with banking system. I have been using bank account since 2017 that I am bank account users from last 7 years. I used to deposit my savings in the bank monthly. I pay electricity, gas and other utility bills using my bank account transaction. It has been one year that no transaction was taken place as result account was marked closed by the bank authorities.

Last week I received small amount of Pay Order from Uncle who wanted to support my Educational Expenses. I went to bank to deposit the pay order and let the payment transfer in my account. The deposit the pay order and asked me the documents and application to reopen the account. I complete the procedure and requested them to complete the process as soon as possible. They told me that procedure will complete in three days. It was Friday on that day. At our place banks are closed on Saturday and Sunday. So I have to wait for five days continuously to let the bank complete the process in three working days. It was done on Wednesday and let me now by the bank manager with text message 👇

The transaction take place on Friday Evening and I'm astonished to see the transaction cost that they charged. The blockade of ATM Card by head branch of the bank added fuel to fire. I have decided to prioritize Digital Currency for savings.

Following are the features of Digital Currency:

  • Fast Transaction time

  • Cashless Economies

  • Investment from wall street

  • Strong Cyber security

  • Low Transaction fee

  • Cash Back Rewards and Votility Benefits

  • Stable Pricing

To sum up I would say I am obsessed with the traditional banking system and physical currencies. World should know the features of digital currency and adopt the revolutionaries economic system that give you full control on your own assets.

"I believe that baking establishment are more dangerous than standing armies."~Thomas Jafferson

That's all that I wanted to share in today's article. I hope you guys support my stance and if anyone of you want to add to my stance in favor of digital currency you are warmly welcome. I am thankful for your precious time.

Please don't forget to like, upvote, share, comment and subscribe my content.

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Comments

That is very much true, few months ago one of my friend had deposited extra semester fee, she was asked to open an account for this to get the amount returned and the opening account... Ops Allah... She requested to consider it in the next semester. Crypto gives you freedome and to hold all your assets with you understand your control

$ 0.00
2 years ago

The fast transaction and stress free Transaction always win my heart when it comes to Crypto. I don't need to visit any bank for approval or transaction

$ 0.01
2 years ago

Yup right traditional banking system is stressing

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2 years ago