Crypto World, our Legacy Inflation and Falling System

Cryptocurrencies not only offering the ease of use and rapid movement of cash but also become the real tool against hyperinflation, nowadays food, consumer products soaring by the double-digit price hike, inflation is in full swing, people facing hyperinflation storm, previously when this disease hit the economy the ordinary people not have any tool to protect themselves but after the arrival of cryptocurrencies everyone has the right to save themselves against hungry inflation, did you remember old days when you buy everything with a just a few dollars but now you need hundred of dollars to buy only the necessary items.

The idea of Satoshi Nakamoto is not the technological revolution but he understood the true problem of our economic problem, he smelled the true cause of devaluation, with the creation of blockchain he wanted to protect the actual value of the assets, not just from the perspective of the US dollar, he invented a currency that eliminates the painful experience of a person hard-earned money devaluation, currently, crypto assets hit hard and in negative direction but not like as other world turbulent currencies.

Satoshi created the Bitcoin blockchain after the 2009 global financial crisis, at the time of creation its value was almost zero but in the last decade the Bitcoin always on the rise, Bitcoin soared more than 5,700%, Bitcoin affected by many ups and downs but the power of the underlying system is constant, the code is reliable and always execute, code has no problem to maintain the central server, there is no need to maintain the dedicated team to monitor the state of the blockchain.

After Bitcoin there are now thousands of cryptocurrencies emerged, it is the consensus of the failure of our legacy system that malfunction and destroy the value of everyone assets, the regulators around the world warn not to invest in crypto but they do not have another alternative, the power of computing gives us the new opportunity to create the money in electronic space, however, it is not like a traditional currency that exists with physical appearance, but does the only appearance guaranteed the value, the actual power of currencies lies on the trust people and the transparent workflow.

In the last months trillions of dollars injected into the most powerful country, that stimulus not designed to stop the fall of the legacy system but worsening the current economic situation, one after the other the popular institutions accepted Bitcoin, they are not just accepting to provide the additional services to their customers but they feel the actual problem, they focus on the deteriorated situation of the traditional system, Bitcoin did not prove to comfortably handle every aspect of social financial need but gave us the 360 views of the possible solution to encircle the problems of our 100 years old complicated financial system

Unmature cryptosystem faces many challenges, there are many factors or influencers try to hijack the idea of crypto assets, several manipulators try to dictate the alternative paths and additionally the authorities want to put the shield of regulation on the crypto assets, every affected factor have their own concerns but the cryptosystem is not a conscious person to behave accordingly, it is the code that created for the purpose of value system that our society used to since he ancient times, Gold, Silver, and Dollar all of them just information of the value you measure against the exchange items. Give time to this crypto world, the cryptosystem is promising but immature and young.

Source: https://medium.com/cryptocurrencies-ups-and-down/crypto-world-our-legacy-inflation-and-falling-system-286efad29887?source=rss——-8—————–cryptocurrency