Go Beyond “Cryptocurrency”
Are you caught up with all the cryptocurrencies? Here is what I want you to know.
Do you know how many cryptocurrencies there are in the world?
As of writing this article there are more than 4,000 cryptocurrencies in existence. If you are curious about how these coins rank, you can go to CoinMarcketCap.
Which cryptocurrency do you think it will be on top? Bitcoin, Ethereum, Ripple, or some other coin? Many of you probably already know Tesla has started accepting Bitcoin as a form of payment, but if you are smart you’d hold onto that Bitcoin. Regret is a horrible thing, your increasingly valuable Bitcoin spent on that Model 3 that will eventually lose its value.
At the moment, we base everything on the American Dollar; however, Blockchain based platforms are going to be facilitator toward world change.
So people use Cryptocurrency for their investment, or is it just a get-rich-quick scheme?
Why not? If Cryptocurrency does keep accelerating then the foundation of our society is going to need to change with it. If you happen to be one who has been holding on enough digital assets, then give yourself a pat on the back for being open-minded to learn about this revolutionary new technology.
Here is also what I want you to think.
For the sustainability of a platform blockchain is the future. It allows us to speak your mind and convey messages we hope to have others understand, without the concern of being deleted like some of these other unethical social platforms that currently exist.
Here is also what I want you to know.
For the sustainability of a platform blockchain is the future.
It allows us to speak your mind and convey messages we hope to have others understand, without the concern of being deleted like some of these other unethical social platforms that currently exist.
If you think of the shirt you’re wearing
How do you know where it was made?
It may say USA but where was that fabric made, or the threads used to sow the seams. With Blockchain you could verify this information and make more sustainable and ethical choices. The same could be said about any technology you own or any financial transactions you might conduct. The information is available and verified on every level of the Blockchain, so not one controlling party can manipulate a transaction.
In my next article, I will be discussing platform you can switch to if you are looking to switch to decentralized.
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*Update Tesla has temporarily suspended vehicle purchases using Bitcoin, due to energy sustainability issues during the Bitcoin mining process.