The world of cryptocurrencies
Cryptocurrency is not just Bitcoins anymore, cryptocurrency awareness, usage and usefulness has soared like a rocket heading to space. As a matter of fact, the concept of cryptocurrency will become 10 years old in a matter of months. Isn't it amazing that in less than 10 years of the advent of Bitcoin, hundreds of other coins has emerged like rainbows, each displaying fascinating colours. Cryptocurrency has inspired entrepreneurs to create startups and launch hundreds of crypto- tokens with specific functions and development. I don't have all the facts to bore you about cryptocurrencies and what makes them work. Not today. Rather, my intent is to unravel amazing opportunities inherent in the world of cryptos. Ride with me.
Amazing opportunities
For lay men, cryptos are a medium for making payments, transferring money without involving the bank and without considering border or distance, it is also a good form of investment. The Bitcoin fits nicely into all of these. But these aren't the only opportunities embedded in the world of cryptos. These are just the beginning. According to Arran Stewart, the cofounder of blockchain recruitment platform Job.com, “Cryptocurrency can become a global currency platform and it is able to replace old payment methods. This implies that in the future, one will be able to pay for lunch with a crypto wallet, without a need for a credit card, a merchant system, or even cash. Think of how many things you buy and pay for daily that cryptos could replace.” While the core of cryptocurrency is that it facilitates payment, the use of Block chain technology is amazing. Take Stewart company for example, Blockchain can be used to connect employers and candidates. In the case of Etherum it facilitates smart contracts such as automatic bill payment etc
Most importantly, for the everyday hustling millennials, cryptos present a unique opportunity for side hustle. Platforms like Steemit, Selfllery and several others pays for content created in its own token which can be traded for more acceptable and valuable tokens like Bitcoin and Etherum. While Steemit and Selfllery pays authors for good content, a new platform called the StormX gives users the opportunity to earn cryptocurrency for performing tasks such as testing new products, services, games and other apps. Earnings can be invested or exchanged as they deem fit. As the platform expands, it will support millennials with skilled work like coding, writing blog posts, video editing, translating content, programing a website etc. All payments will of course be instant via the app.
The verdict
Cryptos have given millenials the armunition they need to dispense with the traditional 9 to 5 work hours and carve a niche for themselves. Making use of the blockchain technology has enabled them to work from any where they so desire, when it suits them and without the stress of waiting for an employer to pay them. Indeed, While we struggle to grasp the opportunities presented by cryptos new ones are already emerging and it will be impossible to exhaustively discuss them all.
Thanks for taking your time to read my article, feel free to use the comment box to discuss the opportunities you find in cryptos and how cryptos have impacted your life.
