There is a lot of back and forth in the world of cryptocurrencies and blockchain, either you’re a really big fan and a believe of crypto or you hate it and you believe it to be the world’s biggest scheme. Either way you fall into those categories I think it’s important to look at it from an internal perspective as well, which is what I’m going to do today. So let’s find out what exactly makes me excited about the world full of crypto.
Not only will the strengthening of the cryptocurrency market mean less reliance on fiat currencies (USD, Yen, Peso, Euro) but it will also mean that we as a society will be working to reduce our reliance on actual physical money as well. The reason this is exciting to me is because cash has always been a very slow and cumbersome method of exchange, of course it’s vastly superior when compared to something like bartering between non-standardized values (I’ll trade you 12 chickens for one cow) but when compared to something like cryptocurrencies and even the long lived credit card, cash is not king. On top of that the push towards a digital or cryptographic currency could mean the end of standard rates of inflation, now of course there are very real reasons to avoid a currency going in the opposite direction through deflation, there are many reasons why some back and forth volatility would be vastly superior to a type of currency that is ultimate headed towards the value of nothing (USD).
Everyone has a smartphone in 2022 and ultimately if you don’t, chances are you either live in a world that is behind the times or you’re a senior citizen, whichever way you look at it, it should almost be classified as a disability if your not able to use a smartphone these days. The reason this excites me is because the majority of people’s crypto wallets will be used through their smartphones, though of course you’re likely going to run across the few people that much prefer “cold storage” on some form of drive but I digress. Not only will this shift mean that smartphones will gain yet another feature (A literal bank vault versus just a credit card) but it means we can slowly shift away from the needs of a wallet as well. While my wallet is already incredibly minimal and thin and admittedly beautiful thanks to a nice…