The future of cryptocurrency
I remember years ago when the idea of TV ala carte had just started to emerge. The very first service I remember finding and using was Hulu. Around that time I had an article I had read an article on how TV on demand would be the future.
I like that idea. The very thought that TV could be more custom was an exciting one. I grew up around the time when there were only three channels to choose from. so after going through and watching cable emerge and then watching as the internet started to flourish having TV programming on demand. When you wanted and what you wanted to watch. A very exciting prospect for someone my age.
When the idea of TV on demand had started to emerge it was about 10 years ago. Now that it has had time to evolve we have so much content that is on demand. Usually, it takes about a decade for a new emerging market to really evolve.
So what I do see is parallel to cryptos. It makes you your own bank. There are no Bankers hours. No waiting for the weekend with no money. Crypto is also on demand. Like I like to say crypto never sleeps. It’s there for you at 2 a.m. if you need it to be. How many times have you found out you were overdrawn at your bank? Scary right? What if you were needing that money for gas food diapers for the baby?
This is where crypto shines. It’s there when you need it. You are your own bank. This was one of the many reasons why cryptocurrencies made me very excited.
Not to mention the waiting for regular transactions from your bank.
Once there was a time when we needed money to be transferred into our bank account. We had bills to pay and deadlines to meet. The one snag to transferring the money was that it was going to take 3 to 5 days to process. Now I don’t know about you, but when you’re needing your money, 3 to 5 days is a long time.
When I first found out about cryptocurrency one of my favorite stories was told by someone on YouTube about how transactions could be in mere minutes compared to your standard 3 to 5 days. The fees to transfer cryptocurrency are much less than the fees of a Traditional Bank. That’s probably why banks are not in favor of crypto. crypto will be taking up a lot of their business and they are not happy about that.
It will be amazing to see the many innovations made in the crypto space in the years to come.
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Interested in getting started with cryptocurrencies? Let’s start you off with a Coinbase account. Coinbase is one of my favorite places to start. I feel that the ease of use is its strength. At the time of this writing, there are eight different coins to choose from on Coinbase. For 2019 it is rumored that they will be adding a lot more. Giving you plenty of choices to get started.