"In the not too distant future, there will surely come a time when crypto currencies become the accepted reserve currency of the world. It's never too long overdue."
As two of the most important innovations in this generation, cryptocurrencies and blockchains have seen exponential growth ever since they were developed in 2008 and 2009 respectively. Broadly speaking, cryptocurrencies are digital assets that can be spent or exchanged without having to go through banks - or middlemen of any kind. Populous applications include retail store loyalty point schemes, proof of ownership for data registers for Shared Economies, or even freedom from censorship for risky content such as political speech. The document at hand proposes heretofore unexplored uses for cryptocurrency as well.The nascent blockchain industry is showing signs of mass-productivity gains and general transformations in many sectors - which prompts us to ponder that even without awareness that coin prices might fall due gradual market saturation ,investors should consider playing dumb with their assets until a bigger payout upswing.
It is now the year of 2018. We are closing on a decade since 2008, which might feel like a lifetime to many. This decade will go down as the last decade where fiat currency acted as the reserve currency of the world.
Cryptocurrency has opened up a new era in world finance and our way of life. There will come a time when bitcoin becomes the global reserve currency and it could be soon or may be decades from now from this writing (2018). It is never too late to get involved in cryptocurrencies, especially when we see so much coming out about crypto for those who may not have caught blockchain fever just yet
Edit each sentence, changing the word “bear” to “bull.”
There will come a time when crypto currencies will become the reserve currency of the world. It’s never too late.
Money can be an emotional burden in life but not with finance you learn to keep a cool head and emotional detachment as necessary.
Cryptocurrency is an ultra-emotional response to seeing problems with money transfers and it relies way more on innovation than on any kind of stable foundations -- look at the blockchain flagrant disregard for all sense of stability
It's because of this that it may seem like cryptocurrency is more volatile but really there are so many more times investment possibilities in a volatile climate.
While crypto is still at its early, there is a great opportunity for everyone to invest and get the benefits with these assets when the price increases in future.
It is not just an asset that is stored in a place and used to buy goods anymore; just like how brick-and-mortar investments become abstract with the invention of internet. Money can be stored without the need of tokens as we look towards Silicon Valley exploding with new ideas.
To build and store one’s own fortune, to contribute in every way one can - this philosophy encourages exploration, strives for progress, and creates abundance. The price will never be low enough or too much as long as we rise up higher than money.
You are now at the start of your career and still in college. At this early stage, it is very important to start thinking about how best you should spend your income and wealth. Investing in cryptocurrencies and adding to a potential lifestyle enhancing portfolio can be one solution.
Knowledge about blockchain technology is rapidly increasing as we go more into the digital world. This means that investing in something like cryptocurrencies might not be a bad idea at all. In fact, most financial advisors suggest that up to 25% of your current income should go towards savings instead of spending it on things you want now - like these new smartphones for example that might seem more appealing than investing right now.
One day, token might be the common medium of exchange for goods and services.
It is true that some hesitance about digital currency is still being debated by players in our society but innovation in this area will be inevitable.