Why People In Cryptocurrency Are In The Right Place

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▶️ Watch on 3Speak


Most of our economy will be online. We are already seeing the move in this direction. There is no doubt this was the case over the last few decades.

In this video I discuss the idea of how cryptocurrency is solving a basic problem with the Internet. The fact that it was not designed for commerce caused major problems. Cryptocurrency solves this issue. For this reason, as more economic output converges online, cryptocurrency is gong to be the basis for all transactions. The existing monetary system simply was not designed for this realm.


▶️ 3Speak



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17 comments
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Well spoken, we are seeing everything happening right before our very own eyes.

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the best thing to do is ride the wave

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It's going to be fun seeing this space in 10 years after 3650 more days of exposure...after all, bitcoin only came out 13 years ago...lest we forget.

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Honestly crypto is the way out right now, irespective of the level of price dip at times,to me it as indeed serves as the best means of livelyhood for millions of people

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Yeah. True the world is advancing and everything is going online and cryptocurrency has a very large use case regards that. It's would be good to start seeing hive in payment platforms in the coming years.

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It's sad there's an entire generation that will never know the joys of going on a roadtrip without GPS Navigation :)

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or going into the wild with a compass! Or star navigation!

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now we're talking Merit Badge territory :)

My favorite Merit Badge was "Wilderness Survival" !

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The world as we know it before will never be thesame, over 7 years i have graduated its been cryptocurrency that has been paying the bills can't even remember where my certificate is at.

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Technology has really gone viral in the aspect of making cool money online especially when into crypto because it's definitely not a bad idea investing in it instead it has change so many lives of people involved in it.

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Are there any businesses that force you to send a check? I thought most of them already went away and I generally just put my own stuff on auto-pay for the most part. Maybe it's because I am lazy but it just seems to be a lot easier to manage if we do so. I do check to make sure I am not charged a ridiculous amount though.

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Whoever thinks cryptocurrency is a fad will miss this train, or will be able to jump on it at a higher cost. Look at play to earn... who was thinking back in 2017 it will become so impactful right now?

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Summary:

In this video, Task discusses how those involved in cryptocurrency are strategically positioned for the future despite ongoing challenges from regulators, politicians, and other entities. He emphasizes that as economic activity increasingly shifts online, traditional systems are ill-equipped for a fully digitized world. Task argues that the internet's original design for information sharing, not commerce, necessitates cryptocurrencies to make online commerce native to the digital realm. He highlights the superiority of cryptocurrencies in enabling peer-to-peer transactions and foresees a future where online platforms become the norm for commerce, communication, finance, and more. Task concludes by affirming the crucial role of cryptocurrency in the evolving digital landscape.

Detailed Article:

Task presents a compelling argument for the significance of cryptocurrency in the ever-evolving digital landscape. He starts by acknowledging the mounting challenges faced by the cryptocurrency industry due to regulatory scrutiny and political pressures. Despite these obstacles, Task asserts that participants in the cryptocurrency space are advantageously positioned for the digital future.

The core of Task's argument revolves around the increasing shift of economic activities to the online realm. He predicts a substantial rise in online economic transactions over the next two decades, necessitating a robust digital infrastructure. Task emphasizes that while the internet has seen significant growth in the past 25 years, the acceleration of online economic activities is inevitable.

Furthermore, Task delves into the inadequacy of traditional systems in accommodating the surge in online economic transactions. He points out that established laws, monetary systems, and business models were not fundamentally designed for the digital world. In this context, Task sees cryptocurrencies as a pioneering solution that bridges the gap between traditional systems and the digital environment.

Task underlines the critical role of cryptocurrency in making online commerce intrinsic to the digital realm. By enabling peer-to-peer transactions and leveraging blockchain technology, cryptocurrencies offer a decentralized and efficient alternative to traditional monetary systems. Task forecasts a future where cryptocurrencies become integral to online transactions across various sectors, including finance, communication, and commerce.

Moreover, Task highlights the transformative impact of cryptocurrencies on online commerce, emphasizing the need for businesses to adapt to the digital landscape. He draws attention to the outdated practices of certain companies that still rely on paper-based transactions or traditional payment methods. Task asserts that businesses unwilling to embrace digital payment systems risk becoming obsolete in a rapidly digitizing world.

In conclusion, Task stresses the long-term relevance of cryptocurrencies, dismissing the notion that they are merely a passing trend. He underscores the tangible economic and monetary utility of cryptocurrencies, signaling their pivotal role in shaping the future digital economy. Task's insightful analysis provides a comprehensive overview of the strategic positioning of cryptocurrency enthusiasts in a digital-centric world, highlighting the transformative potential of cryptocurrencies in revolutionizing online commerce.

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