What people want is a currency that works to meet their needs,a currency to give them freedom to use their money the way that suits better in a practical, fast and favorably manner. In an growing electronic globalized world, where payments for goods and services is gaining ground, currencies that work both indoors and overseas will be in huge demand.
Lately, people have been forced to change habits and customs mainly in response to pandemic times, politic instability or just by choice, where they prefer to adopt a currency which can enable them to pay or store cash in a decentralized way. Using this manner people can make payments freely also enhance their freedom and independence from traditional centralised payments system.
A more wise awareness is emerging which increase people freedom to enhance their right to choose a better payment system that suits better for them, also where to put money on what actually works!
A growing demand
The use of digital payment methods will increase in the coming times, causing paper money to gradually take a back seat, the world will be adopting more modern systems of trade in the market.
Governments will impose their centralized digital currencies, also dubbed CBDCs, on the market [where processes for their design are at an advanced stage of development in several countries around the world] leading companies, governments to create platforms that facilitate the assimilation process of the 'new' technologies that will be directly linked to a creation of a digital centralized money.
The use of central bank digital currencies will remain centralized increasing in fact the control and monitoring of people's accounts, this will be intense all in order to maintain their citizens 'close' and give more powerful ways to the state to anytime without prior notification to block, restrict or ban accounts or seize funds.
Digital but not decentralized,
The new trend of world governments in running to create a digital centralized currency based on blockchain, has nothing to do with the well-being of their citizens but with themselves. The creation of digital currencies will allow the government to save money in manufacturing costs also greatly increase its level of control over its citizens.
While paper money is controlled it's still much freer than digital centralized currency. Many still don't realize the danger of digital centralized currency, as they are still confident that governments do everything for their benefit, wrong, with digital centralized currency the entire transaction will be monitored and tracked, the control will be absurd. Every citizen who will be using it will have individual 'exclusive' fingerprint on the network.
The money that is being considered to leave the market in a few 'years', still 10 times better than digital money in terms of freedom when it comes for transaction. The paper money only has control when entering the bank, buy things etc to verify its authenticity and when leaving the Bank branch to know where it went, the digital money will be monitored 24 hours a day.
Bitcoin Cash, a better and reliable solution
Bitcoin Cash is a decentralized currency, it does not depend on any government to be issued, it is safe, transparent, fast transactions and the best thing, to use the user only needs cents of a dollar to run on the network.
Being a currency with cheap transactions feesincreases the interest of the public in its acquisition, as it tends to look for viable means that help both to save and also to store or invest without having to worry about paying big fees in the process. Bitcoin Cash gives this possibility and the user becomes his own bank and can use his money at any time.
Bitcoin Cash has no Chief executive officer and anyone can have access to it and be able to transact using the blockchain. It is a transparent network and all transactions are publicly accessible, the data is immutable and can never be altered proving it is reliable.
While state digital money can only be used in the territory belonging to the nation, Bitcoin Cash is international and can be used wherever anyone is willing to accept the currency as a form of payment. It's a currency that does not depend of the state and has no borders, can be used in any part of the universe in a practical and quick way.
People working outside can send money to their families if they want to, almost every day, as they don't spend much on transactions and thus reduce the distance between them using Bitcoin Cash, previously to send money in the form of remittances took days and up to weeks, today that's done in a few seconds where the beneficiary can immediately use the money.
Summary,
Bitcoin Cash has what it takes to be a decentralized global currency, the fundamentals are already laid, its adoption is in the process of assimilation and many are beginning to see its importance as a means of payment or a store of value in the long term. Bitcoin Cash works for what the longings of the world & is what people seek to have their freedom of decision back, they want to choose something good for them, where they can decide what to do with their own money without anyone poking their noses and with Bitcoin Cash that is possible.
Not only freedom but also for those who are concerned about privacy Bitcoin Cash allows this with the use of cashfusion where transactions are only visible to the ones involved.
People may be wrong to think that centralized digital money will be an asset, it will not be and honestly it will be one of the worst phases of intrusion on the freedom and privacy of many, this kind of payment will have direct access to the users account, transactions history and everything that they need to know about the person they enquire.
Using Bitcoin Cash, this can be easily bypassed and return freedom and privacy to citizens, which are a right guaranteed as a basis for human coexistence.
Use Bitcoin Cash and be free also your own bank!
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Very well said. Bitcoin truly is a smart cash for smart people. Nice context! Stay safe and see you around.