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by t0bia_s
859 days ago
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Trust in traditional currency shaken quite significantly in last 3 years. Especially when inflation ruins many businesses and government justify inflation by war and green energy. When you cannot make living from money that you get from your hard work, naturally, you are forced to look at alternatives. As more people adopt cryptocurrencies, the less value traditional currencies had and eventually ignores inflation. Which, for now, bitcoins does. It just isn't that much popular yet. No one would expect ten years ago that some cryptocurrency would survive or be adopted by more and more people. But somehow, it's still there and grows every year. If crypto wouldn't be a thing, there wouldn't be plans for digital Euro by ECB for example. Basically same thing as BTC, except with regulations with centralized bank. To be clear, I'm not a fan of digital currencies. Cash is still most private and free way of exchange method. For digital, you need electricity, device and data which many cannot afford to have. |
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