Is Cryptocurrency worth investing?

Is Cryptocurrency worth investing?

What is Cryptocurrency?

As of now, it’s none but a currency of rich trade. You might be expecting, some blah blah answers about the codes involved or digital currency. Well, this content isn’t going to be about the same frequently toasted cryptocurrency concept nor a over buttered toast.

Is Cryptocurrency Evolving?

Most certainly not, none of the countries have truly acknowledged cryptocurrency or created mandates to make cryptocurrency means of trade or investment (but you get taxed though LOL). Countries use currency to create trade funnel with other countries, like how most countries have US dollar, Euro, Ruble and Yen as their reserve or gold as their reserve and these reserves are used to define the economic stability of the country. (well you can print more currencies. However, more currencies in the market means RIP to Economy, as well as higher denominations will lower the currency value). Have you ever heard, Countries using cryptocurrency as reserve to trade with other country!!!

Where the most richest used it as per their best means to protect their wealth and using blockchain method to have a secure transfer, where the middle and poor class used it as an investment.

That isn’t How currencies evolve? the currency evolves when the government acknowledges it as currency, where middle and poor class people start to use it as their means of purchase. Wealthiest can be just 0.10% of world’s entire population, but the middle and poor class people are the 99.90% throughout the world. Think About It.

Is Cryptocurrency worth investing?

Yes indeed, but do you know which cryptocurrency which will be used as means of purchase in the VR or Metaverse or future maybe. Most of us don’t even have slightest idea, but we’re investing in it just because it grows and grows.

Why should you rethink before investing?

There are two odds, cryptocurrency may become formidable currency in future or may not. However, just consider this example, Which country would allow cryptocurrency to be used as a reserve or investment? Will US create their own dollar cryptocurrency to use it as a reserve.

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Abdul

Abdul

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Writer throughout the Week & Star Wars Fan “May Force be with you”