Cryptocurrency Can Raise The Standard Of Living

▶️ Watch on 3Speak


We have seen the standard of living for the developed world skyrocket over the last 150 years. When you think about it, even the lower rung of the economic ladder in a developed country lives better than the wealthy did in the 1800s.

In this video I discuss how innovation is what drives progress. Because of that, cryptocurrency, as an emerging technology, has the ability to take this to a much higher level. It has the potential to solve some of the massive monetary problems that are plaguing us.


▶️ 3Speak



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You have a point there, but in those 150 years, the pressure on people and families has grown exponentially too. Due to peer pressure, loans, etc…
I really hope that crypto can release a lot of that tension, as it is almost unsustainable to keep up these days for lots of people!

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With the volatility of crypto. It is very essential to have the basic knowledge of it before diving into it.

Cryptocurrency in the long run will eradicate traditional banking system. It might take some more years but it will definitely come to pass.

Thanks for sharing

Cheers

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Undoubtedly, innovation drives the development of countries and the entire population. And in that aspect, Cryptocurrencies have come to serve as a new source through which we can improve our quality of life even in countries that are not so developed in terms of technology.

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I think it will because technology will be improving our lives but I find the supply chain centralization worrying. We still rely on truck drivers and a bunch of things to be imported from all around the country/world. So with the increase in the price of gas, what will happen when gas starts getting rationed? It's going to be a nightmare and I hope this also gets solved over time.

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It's true, crypto is changing lives for the better. And it's exciting to think that it will do so for many years to come.

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I believe this is very true, specially in countries where the currencies are weak and loose value against the dollar annually.

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So long as it isn't a South Korean Company called Luna :)

I am seeing a lot of people winning so that is really good and I am happy for them

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