Aslam-mu-Alakum!!
How cryptocurrency can revolutionize our lives and if we look at the history in a simple way, nobody knew about cryptocurrency in 2013.
But today when it comes to wealth and business, today every rich and poor person is using cryptocurrency.
Taking business and related information. Many people have amassed billions of wealth now due to cryptocurrency.
Cryptocurrency is not just the name of bitcoin, but now cryptocurrency is an ocean and this ocean is growing.
Currently, efforts are being made to legalize cryptocurrency in many countries, but some big crocodiles who are secretly legalizing cryptocurrency or controlling it, but insisting on poor countries that if crypto If legalized, they may face global sanctions.
I believe that if a country wants to eradicate poverty and unemployment from its country, then that country should legalize cryptocurrencies in its country so that its citizens can trade in cryptocurrencies without fear.
If the developing countries do not take a timely decision, then in the next few years, the developed countries will have established their footing in cryptocurrency.
I would even go so far as to say that developing countries should invest in cryptocurrencies so that they have a lot of capital in the form of bitcoins in the years to come.
I am sure that in the coming ten years, the countries with the most bitcoin resources will rule the world economy.
If any country will have the right to govern the economy it will be on the basis of cryptocurrency i.e. Bitcoin.
The history of the world is a witness and if the pages of history books are read, the reasons for wars and the criteria of power have been the economy and the powerful have always kept the weak economy under control.
Because it is seen today that the banking system and the capital in the bank are no longer safe, because whenever a powerful country is or will be angry with a developing country, it freezes the resources of that country.
But if the capital of countries accumulates in the form of cryptocurrency, then no country will be able to freeze this capital by its own power.
Today it is necessary that developing countries should pay attention to this aspect of economy.
I am not an expert in cryptocurrency technology but even an ignorant person like me is thinking and understanding that cryptocurrency can be the guarantor of the development of developing countries and delay in this matter can also lead to loss.
If we listen to the news on the economy in the current situation, five out of ten news stories contain discussions on cryptocurrency.
Just as the forex market exists all over the world, the buzz of the cryptocurrency market in a changing system is forcing a major economy like the United States to legalize it.
If Bitcoin is adopted by developed countries and honestly legislated easily and acceptable, their economies, which currently consist of developing countries' control and interest-based loans, can save themselves and their own.
Resources and people can also lead to prosperity.
My writing contains my own views and I am not an economist. So if you want to invest in crypto, do your own research first and always invest with crypto extra budget so that in case of loss, life is financially viable. Don't be in trouble.
@Yousafharoonkhan