Why Cryptocurrency Is A Need

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Many question the validity of cryptocurrency. Some proclaim it has no value. Sadly, there is a lot of misunderstanding about the existing financial system and how short of money it really is.

In this video I discuss why cryptocurrency is needed. Where are dealing with an ever expanding economy, hence the demand for money keeps in created. Because of this, it is imperative that people realize the money has to come from somewhere. Since bank lending was flat since the Great Financial Crisis, we are seeing a shortage of both USD and collateral. This is soemthing that will only get worse as the decade progresses.


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Bang, I did it again... I just rehived your post!
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You reviewed it very well, @taskmaster4450.

Many people are not aware or don't even want to know what they are actually ordering.
At some point, people will be forced to enter and be involved in it.

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Although these large price fluctuations do not give a good reputation, but you are right, people will realize the importance of cryptocurrencies sooner or later.

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I had decided to stop funding my crypto wallet with fiat that I own. However, I see no other choice under the current financial situation. Crypto is still my exit plan regardless of short-term/mid-term volatility.

Posted Using LeoFinance Beta

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I agree with the monetary expansion aspect. The current system has most of the systems just not being trusted. I don't really see a future for them as the real deal is much better.

Posted Using LeoFinance Beta

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That is exactly what the expansion economy is about, but how is there a group that is affected by the fact that Cryptocurrencies can assume that role, let's say, as the main producer of Money?

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