I am writing this article against my usual schedule for writing and publishing because, if I don't put into writing what's going on in my head now I might forget about them if I have to wait for my usual time of writing. As I found the inspiration to write this early morning I couldn't hold back myself, I have to let it flow.
As I woke up early today's morning, and looked at the face of the sun that lightened the day, a hush of joy filled my heart. It is another day of life again, living a simple life. Then I remembered it's Monday, which happens to be the first working day of the week for the workers after the weekend break. I never had the urge to get out of bed because I am not under any obligation to report to anyone or any office. My home is my office and I can take care of anything I have to do at any time on my own. Such is the life of an online entrepreneur, and blogging on the Hive platform makes it easier for me to live on my own.
I remembered the statement "crypto gives you the freedom to live your life according to your terms". It was hard to absorb this statement at first when I thought about how difficult it could be to be able to use crypto in any way in my country, because at the time crypto was not a thing in my country. But, having the ability to earn and save in crypto gives me great satisfaction to work harder and invest more.
Looking at the economic situation of my country, we are faced with a spiraling economic decline with money losing its purchasing power by the day. And, I think most people still do not fully understand how money is devalued over time and the importance of finding an alternative currency that can save them from the continuous devaluation of Fiat currency.
You have to understand that the value of one dollar today will not be the same tomorrow. The number may still be but the purchasing power will no longer be the same. Fiat money has continued to devalue over time and there is nothing the government can do to stop it. A loaf of bread for a dollar today can go up to $5 tomorrow making $1 worthless in your hand. When the government prints more money into the economy the currency value goes down further.
How can we save our Fiat money from devaluation and protect the fruits of our labor in the hope of building a sustainable future for our children and family?
Many people still don't know what is happening, and they keep putting their money in the bank. But if you save money without the ability to spend your money when you want, and as you want, then you have placed your future and your financial destiny in the hands of the government. The controls you don't like, the censorship you hate, and the centralized nature of Fiat money are what you have to face with the bank.
But with crypto your freedom is guaranteed not only by protecting your money from inflation but also by empowering you to live your financial life on your terms.
Let me tell you about what happened in my house this Monday morning that demonstrates the importance of living life on your own terms.
My kids were ready for school for the new week. They have their things packed all ready and waiting for their provisions. This is where a drama started, I don’t have fiat money at home. These days, I'm thinking a lot about crypto that I hardly had the time to think about anything else. I invested in a few coins and left the daily running of the family to take care of with the proceeds from our family business. But, kids' education is a major project that could drain the fund of the business if I decide to take money from it.
It is either you break your head or you break your savings account because the kids must go back to school, and their things must be provided for them or else there will be anarchy at home. Whether you believe it or not the kids are the kings and queens in the house and every parent must try to obey their wishes.
At this point, I had to turn to the Blockchain to find some loose coins that I can quickly sell for Fiat and cash it out. I remember an old wallet I had on my phone for over 5 years where I was collecting free coins for reading News and doing micro tasks. I opened the wallet to see if I had something meaningful there, and luckily I had over $10 worth of Freedom dollar FUSD in the wallet.
I sent the crypto to bitget peer-to-peer exchange and within another 5 minutes everything including trading and receiving money in my bank account was completed, and the kids had their money and went to school with joy.
Blockchain gives me total control of my finances and becomes a life saver in time of desperate need. It couldn't be better than this; when Fiat fails, crypto becomes a dependable life line that never fails.
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Volatility relative to the dollar scares most people away from crypto, but in the long-run it has better fundamentals that fiat currencies, and also gives us control over our own money. Glad to hear you resolved the situation with crypto and that the kids are happy!