The inflation rate of the U.S Dollar is giving caution signals for every one of us. The routines of our lives have been changing since the start of the pandemic. The new adjustment of our ways of life, obviously, requires a nice measure of money to spend with the goal that we can adapt ourselves to the upcoming new normals.
Our time and energy lose their appealing sides because of the developing AI laborers and robots that are likely to be replaced by human power. Indeed, even in situations where robots are not prone to be completely adjusted in 5-10 years, the exertion of human power may take place even earlier than what we all expect.
Pandemic & Hard Money
I'm pretty sure you all realized that we are working for more hours than we do. Especially if you are working remotely, there is no break, no rest, no time for your beloved ones. Is it the times when people try to cope with the robots to prove that they are still functional?
The salary that you are paid month to month may not be enough pay hotspot for you to contribute for future life. Under these conditions, people around the world even experience difficult times to pay the expenditures regularly. The skyrocketing expenses bring serious problems for individuals who are just depending on their wages. Tragically, however, the expansion rate in my country does not compensate even the yearly interest rate. That is to say, I'm losing my purchasing power even though I work harder than before.
I believe that the unemployment rates do not reflect the actual case in most parts of the world. Even if the criteria are adjusted by the governments, some obscure things are impossible to cover. Thus, the existing fear inside people is likely to grow day by day. Take a look at the inflation rate of the US Dollar:
If the case is like that for reserve money, imagine the situation for the other fiat currencies.
The diminishing purchasing power, the mental impacts of the pandemic, and the new restrictions in our lives are in any event, changing our character and life conditions. By then, the new world, a.k.a crypto, is where individuals may attempt to save their buying power or, even, crypto might be the significant source that keeps them in a decent shape.
New World & New Income Source
Much of the time, the fiat currencies that are not incredible as USD are carrying numerous risks to the holders. Until the time that you can pay for the lease, bills, and food, things are bearable. However, consider the possibility that these are good days. What if we are going to experience even severe days?
As I would like to think, it has effectively begun. If it's not too much trouble, check the unemployment rates of nations that are encircled by zombie organizations that are not even fit for paying their loans or borrowed money. The FUD that slaughters us quietly is bringing wrecking results...
As I referenced, crypto is the simple key of a living for some individuals. Truly talking, the rewards people get from crypto thanks to our platforms like Noise.Cash and Read.Cash may directly affect the life quality of people around the globe.
The developing consideration on acquiring on the web is the central issue for the new period. The more individuals find or set out to partake in this world, the more progressions are probably going to occur. As an individual, I wish everybody to have an eye on crypto as the capability of their procuring for living is at risk.
In a year, we saw a reduction in our purchasing power step by step. The inflation rates are soaring while it is getting increasingly hard for individuals to live in. By then, crypto is the most encouraging point that anybody can conquer this extreme change in paradigm through new normal with the least harm. Unfortunately, however, I can see the impacts of every one of these things as a person who lives in a developing country.
Things are more awful than we think. Indeed, tomorrow may not be pretty much as brilliant as today. Monitoring these things, I wish individuals to put in a couple of hours of their days to plunge into the crypto environment as a break plan as well as a side hustle.
Exit - Crypto as Side Hustle
"Crypto for living" may sound peddler kid explanation yet it is past being an enthusiast of this glorious biological system. The current system is failing and we should adjust our lives in a way that is conceivable. Crypto may be the most pertinent for anybody that is anyplace in this world.
Is there any way that people can save themselves from the growing Avalanche of debt and fear? In my opinion, crypto gains may help you make things easier in your life until we can build a sustainable and fair future for everyone in the future.
Just consider the earnings from blogging, micro-blogging, and blockchain-based gaming platforms and compare them with your monthly salary. I'm sure you will see the ratio is dynamically changing. I always support the claim that we are the lucky guys who discovered a whole new universe.
You may make nice gains through trading but you may also lose your savings with an unsuccessful trade. Thus, it's better to go beyond trading crypto-like everyone does. You may code, create content, play games, develop projects, or design campaigns for existing projects... Whatever option is available for you. The only rule is that take steps to turn crypto into a sustainable source of income to be able to deal with the growing chaos in the financial world.
What do you think about the global financial system?
Can crypto be another option for people to save their purchasing power?
