Bit coin and Cryptocurrencies are going to change the world by accelerating the pace of adoption sooner
During an excellent journey of a decade, Bit coin the mother of all crypto currencies, today has seen many ups and downs. But nature always welcomes changes. Financial systems throughout the globe are nothing but the natural analytical system of human mind, faith and believe. This have transformed the medium of exchange from goods to several other things like mere stones to metallic coins to paper and plastic notes to now a day’s electronic money which is in existence parallel to cryptos. But every change in the medium of exchange has developed it with better features. No need to point out the enormous positives and potentials the existing cryptos are having over current medium of exchanges which are in practice with full adoption in the world.
Bit coin and other cryptos are symbol of freedom, hope and probably the best thing for investment apart from mere medium of exchange at the point of writing this article. I have heard several times during this year that Bit coin is going to zero, it will be dead soon. Now who can convince this kind of thoughts? They probably don’t know that it have died several times since its birth. I can bet that it is just unstoppable. Need of this hour in our financial system. Despite being in a situation under massive political and legal threats from a decade it not only survived but also prosper and rapidly growing towards complete adoption around the world.
Still many economists, Government bodies, people related to legal and entrepreneurs are either confused or completely against it by analyzing its few negative aspects. I honestly respect everybody’s view point and their assumption and analysis. But at the same time I am totally convinced that they are also convinced at list a bit about the huge potential and growth. Negatives are everywhere. And it is really tough to calculate for future. But saying straight no to a system which has already proved its enormous potential is not at all acceptable. This is the time the entire world should be united and start planning how to overcome the threats.
Future is always unpredictable. But according to me in crypto field it is quite easy to predict the future for long term. Just put yourself in 2008-2009 when for the first time Satoshi Nakamoto’s great project just came in to light. And focus on the enormous things that happened to it , the number of incidences happened in the path of its growth, count all the ups and downs till date. You can easily summarize a solid growth despite of all happenings. Now come back to today. Remember cryptos are still in their early stage as per as time is concerned. Now think of about another decade or two. Can any body bet on a slowdown of this massive technology?
That’s it. I would like to say to the people of this generation that we will die someday. But cryptos are here to stay even after many generations to come. It does not mean that all cryptos will survive in long run but the technologies with real potential are here to stay.
…… So cheers to be a part of this great community.