Just today I've recognized once again the pure power and potential of cryptocurrency as I got charged 25$ from my bank for a single international transfer. Not just the charges are ridiculous but as well the 2 days it took for the funds to arrive...
Actually the worst wasn't the money I had to pay but rather me knowing that there is something out there providing the possibility to transfer millions within a few seconds to any place around the world for amazingly low fees if not even for free...
Yes, you guess it, I'm talking about CryptoCurrency!
Unfortunately it's not yet possible to leave the banks behind 100% and solely use cryptocurrency instead. The space is simply too volatile and not integrated well enough around the world for one to survive. Cash and Credit Cards are therefore still a necessity today, while I'm convinced though that this eventually won't be the case that much longer.
I'd Love To Earn & Spend Crypto Only
Yes, I personally would immediately switch to using cryptocurrency only if it'd be possible just yet. Getting paid in crypto and spending crypto conveniently without paying ridiculous fees just to be allowed to use my own hard earned funds.
Withdrawal fees, credit card fees, transfer fees, bank account fees and whatever else the banks make us pay is simply ridiculous. Especially whenever they aren't even taking good care of our money but rather speculate with it on anything that's available out there on the markets.
Cryptocurrency are the exact opposite as I always know where my money is, know how much it's worth and that it's not devaluated in most cases due to ridiculous amounts in additional supply being printed every single day. All while keeping 100% control through my active keys!
I Expect A Revolution To Happen (Soon)
Based on all the points mentioned above I personally expect a revolution to happen within the next few years already. Either we see the masses to adopt cryptocurrency, which I would definitely love to see, or the banks to drastically improve their services and lower their fees. Most likely through nothing else than the use of blockchain technology...
Anyways in the long run I don't think that the banks will stand a chance against cryptocurrency or their improved future version, whatever they might look like exactly. The world is ready to take back control, the people are ready to break free!
Interesting times are ahead of us!
A Crypto Startup Revolutionizing Steem! |
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