Are cryptocurrencies a solution for humanity?
From my point of view cryptocurrencies have had a great impact on society today guys and that is why I want to make this article, currently in today's society there are many financial restrictions and I think cryptocurrencies have brought a lot of value to this and that is why I want to mention that this has been of great help to all of us and this has been a great idea by many users who collaborate to keep these transactions safe and anonymous, although, there are rumors that they are not totally anonymous guys. When hackers do their thing there is always someone who finds out and pays for it.
At least in Venezuela, which is a country repressed by the United States of America and can not open accounts in dollars, cryptocurrencies have helped in these cases, as it would also be good to mention that cryptocurrencies are not regulated, what is regulated are the exchanges, such as binance, coinbase, ect.
The same goes for cryptocurrency investments, honestly I have invested a lot of money in cryptocurrencies and almost all of it I have lost, when we invest in cryptocurrencies we have to keep in mind that there are a lot of risks involved guys.
I should also mention that cryptocurrency scams happen every day guys and that's why I recommend whenever you invest your money or enter any platform to get very good advice before investing your cryptocurrencies or register in any decentralized platform guys, if we get to steal our cryptocurrencies or our login credentials this will be irreversible guys and that's why I always advise to be aware of everything we do in the decentralized world.
I should also mention that when we make a payment in cryptocurrencies we don't have the same legal rights that we have with a centralized bank guys, if something goes wrong with the transaction absolutely no one is going to be able to remedy what happened guys and we have to keep that in mind folks because honestly it is our money and we don't want to lose it, maybe many don't care about $1,000 but I am sure that to many $1,000 can be life changing right away folks.
Every day there are scams related to cryptocurrencies guys and as cryptocurrencies become more popular, scammers tend to work harder to deceive their victims successfully guys, one of the most common examples in cryptocurrency scams offer you an absurd return, i.e. too high for the short time, for example, I will make you $2,000 just by investing $20 in BTC" and the but of the case is that there are many people who fall for this type of scams.
I strongly recommend to get advice before investing in cryptocurrencies, do not be fooled with high returns in a very short time because that simply does not exist guys, that is an absurd lie dear friends, I say goodbye with a big hug, Until next time.