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Author Topic: The impact of crypto on our lives  (Read 8647 times)

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Re: The impact of crypto on our lives
« Reply #180 on: April 14, 2024, 09:24:55 PM »
But I was wondering “the impact of cryptocurrency on our lives” - what does this mean?Does this mean my life and people like me? Or is this a more global issue that covers society as a whole and even countries?If this is a global issue, then crypt has no influence at all; if we are talking about cryptans, then after thinking about it, I can say that there is an influence, but not so much that it is some kind of significant event.
I think you can read the topic to get more information. I believe that crypto is gradually becoming more important in the economy, and it has the potential to change the economy as dramatically as bank cards have changed people's cash habits. The economy is a part of life, and if crypto can change the economy, it can also impact our lives.

We live and work, and money is an indispensable part of it. Crypto can be used as money or a financial tool to help us store our labor, imagine the future of the economy when we all use USDT instead of USD or pay for BTC through the Lightning Network like in El Salvador. I agree that crypto is just one factor in life, but its impact is not small.
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Re: The impact of crypto on our lives
« Reply #180 on: April 14, 2024, 09:24:55 PM »

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Offline kulkhan

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Re: The impact of crypto on our lives
« Reply #181 on: April 14, 2024, 11:01:00 PM »
Acctually i am truly speaking, Crypto impact on my personal life very much. Because i am also a trader and crypto Holder. I am maintaining my family from crypto trading. When market gose my Against then i were too much excited and then my blood pressure were high. Because i have to earn from here. I don't well anything then. So i think crypto impact of crypto on our lives there has no doubt.

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Re: The impact of crypto on our lives
« Reply #182 on: April 15, 2024, 04:48:08 AM »
Acctually i am truly speaking, Crypto impact on my personal life very much. Because i am also a trader and crypto Holder. I am maintaining my family from crypto trading. When market gose my Against then i were too much excited and then my blood pressure were high. Because i have to earn from here. I don't well anything then. So i think crypto impact of crypto on our lives there has no doubt.
Does this seem like your main job? Indeed, many people use the world of cryptocurrency as their main money maker, and of course anyone can do this. If I may give advice, it would be a good idea for you to look for other side businesses that can diversify your work... I don't think crypto will lose its hype, but I think it's good for someone to have many sources of income so they can survive and survive.

You can still make trading or investing in crypto as your main income, and you can also sell certain products as your second income. I don't think it's any better... crypto will be a life changer for you too that you won't forget.

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Re: The impact of crypto on our lives
« Reply #183 on: April 15, 2024, 04:55:11 PM »
Acctually i am truly speaking, Crypto impact on my personal life very much. Because i am also a trader and crypto Holder. I am maintaining my family from crypto trading. When market gose my Against then i were too much excited and then my blood pressure were high. Because i have to earn from here. I don't well anything then. So i think crypto impact of crypto on our lives there has no doubt.

I understand it perfectly, but things in trading are very good when it comes to making room for us to make money, we must learn that if the market goes up, we win with the bull market, but if the market goes down it is our responsibility to make sure we win When the market is bearish, that is why we as traders must see well that we should not get attached to any cryptocurrency, or any other type of currency, we must see this as actions to make money, it does not matter if it goes up or down, for any direction. We must take something out of the market, we can't stop there, maybe you are a person who wins when the market goes up, but you must understand that to be a market speculator wherever the market goes you must make money, get ahead and know how to predict what will happen with the movement, every time we predict it correctly the money is earned.
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Re: The impact of crypto on our lives
« Reply #184 on: April 16, 2024, 05:38:24 PM »
Crypto has made amazing impacts of our lives, both individually and economically and I can state a few ways I've witnessed these impacts.

Firstly, with the help of crypto, money can now sent anywhere around the world with ease without experiencing any sort heavy charges or unnecessary paperworks, as well as some unnecessarily stressful procedures it would've cost to send mkmey abroad or anywhere in the world.

Secondly, crypto has provided, earning opportunities for both investors and traders in the crypto space, people now make good earnings and income off crypto currency by trading and other approaches.

Thirdly, Stablecoins has proven quite helpful and in handy as a good means of wealth storage for those who would rather prefer to store their wealth in a decentralised form rather than banks and other centralised forms where they can be controlled by central authorities.

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Re: The impact of crypto on our lives
« Reply #185 on: April 17, 2024, 11:03:13 PM »
Crypto has made amazing impacts of our lives, both individually and economically and I can state a few ways I've witnessed these impacts.

Firstly, with the help of crypto, money can now sent anywhere around the world with ease without experiencing any sort heavy charges or unnecessary paperworks, as well as some unnecessarily stressful procedures it would've cost to send mkmey abroad or anywhere in the world.

Secondly, crypto has provided, earning opportunities for both investors and traders in the crypto space, people now make good earnings and income off crypto currency by trading and other approaches.

Thirdly, Stablecoins has proven quite helpful and in handy as a good means of wealth storage for those who would rather prefer to store their wealth in a decentralised form rather than banks and other centralised forms where they can be controlled by central authorities.
Cryptocurrency skeptics should read your comment to understand that crypto is not just a pump-and-dump scheme, manipulation, or a market with extremely high risk. Manipulation and high volatility are just a few aspects of the crypto market, and they actually exist in all financial markets, including commodities and stocks. Crypto is still making the lives of many people easier and better, and those who have never experienced the financial difficulties involved in transferring money or storing assets will hardly understand the values   that only exist in crypto!
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Re: The impact of crypto on our lives
« Reply #186 on: April 17, 2024, 11:14:59 PM »
But I was wondering “the impact of cryptocurrency on our lives” - what does this mean?Does this mean my life and people like me? Or is this a more global issue that covers society as a whole and even countries?If this is a global issue, then crypt has no influence at all; if we are talking about cryptans, then after thinking about it, I can say that there is an influence, but not so much that it is some kind of significant event.
I think you can read the topic to get more information. I believe that crypto is gradually becoming more important in the economy, and it has the potential to change the economy as dramatically as bank cards have changed people's cash habits. The economy is a part of life, and if crypto can change the economy, it can also impact our lives.

We live and work, and money is an indispensable part of it. Crypto can be used as money or a financial tool to help us store our labor, imagine the future of the economy when we all use USDT instead of USD or pay for BTC through the Lightning Network like in El Salvador. I agree that crypto is just one factor in life, but its impact is not small.
I read the topic and believe that there is more talk about crypto than its real impact on the world economy. The example of El Salvador is very unfortunate, a weak country with an undeveloped economy is looking for a way to overcome its difficulties. Not a single strong and independent country will allow some crypto to dominate national currency. National currency is one of the symbols of statehood.This technology can be “sewn” into fiat to overcome certain sanctions, but it will no longer be crypto in its pure form. Something like this
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Re: The impact of crypto on our lives
« Reply #186 on: April 17, 2024, 11:14:59 PM »


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Re: The impact of crypto on our lives
« Reply #187 on: April 19, 2024, 12:20:29 AM »
I read the topic and believe that there is more talk about crypto than its real impact on the world economy. The example of El Salvador is very unfortunate, a weak country with an undeveloped economy is looking for a way to overcome its difficulties. Not a single strong and independent country will allow some crypto to dominate national currency. National currency is one of the symbols of statehood.This technology can be “sewn” into fiat to overcome certain sanctions, but it will no longer be crypto in its pure form. Something like this
The journey for crypto to become a legal tender globally will be long, as we are only in the early stages of the crypto market. Crypto is not the best solution for everyone, nor does it yet have irreplaceable utilities. We can only say that crypto is truly useful and valuable for many people around the world when they want to avoid the impact of inflation, move money easily, make global payments, or participate in investments without encountering too many barriers.

El Salvador was able to easily adopt BTC because it does not have a local currency. As you said, larger countries will be more cautious with BTC and crypto, and they are looking to issue CBDCs to make their citizens stay away from crypto. I don't think CBDCs will be easily accepted, and crypto will still have a great opportunity to replace fiat in the future.
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Offline Dr.Bitcoin_Strange

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Re: The impact of crypto on our lives
« Reply #188 on: April 19, 2024, 08:00:46 AM »
But I was wondering “the impact of cryptocurrency on our lives” - what does this mean?Does this mean my life and people like me? Or is this a more global issue that covers society as a whole and even countries?If this is a global issue, then crypt has no influence at all; if we are talking about cryptans, then after thinking about it, I can say that there is an influence, but not so much that it is some kind of significant event.
I think you can read the topic to get more information. I believe that crypto is gradually becoming more important in the economy, and it has the potential to change the economy as dramatically as bank cards have changed people's cash habits. The economy is a part of life, and if crypto can change the economy, it can also impact our lives.

We live and work, and money is an indispensable part of it. Crypto can be used as money or a financial tool to help us store our labor, imagine the future of the economy when we all use USDT instead of USD or pay for BTC through the Lightning Network like in El Salvador. I agree that crypto is just one factor in life, but its impact is not small.
I read the topic and believe that there is more talk about crypto than its real impact on the world economy. The example of El Salvador is very unfortunate, a weak country with an undeveloped economy is looking for a way to overcome its difficulties. Not a single strong and independent country will allow some crypto to dominate national currency. National currency is one of the symbols of statehood.This technology can be “sewn” into fiat to overcome certain sanctions, but it will no longer be crypto in its pure form. Something like this
You're right, the possibility of a country to relinquish control of their traditional fiat currency to a decentralized system is pretty slim because every country's currency represents their identity and sovereignty.

But just as you've rightly stated, there's a tendancy for Blockchain technology to be integrated into a country's traditional currency in such a way that it could actually enhance the functionality of that currency, especially for countries that inflation and other economic issues have really eaten up their traditional fiat currency.
Inasmuch as this could be considered to be the future of finance, you're definitely right that it wouldn't purely be crypto like the way we see it today anymore.

Offline Aanuoluwatofunmi

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Re: The impact of crypto on our lives
« Reply #189 on: April 19, 2024, 08:01:06 AM »
If everyone who has been into cryptocurrency for a while now, be asked the question on what impact it has caused on their lives, i believed many of us will have much to say, if we are going to only consider the aspect of financial freedom and liberty it has offered to everyone, whereby we are no longer being attached to government controlled and centralized system of banking, every is free to make use of his financial standings as he wishes without taking permission from anyone, this alone a a major achievement.

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Re: The impact of crypto on our lives
« Reply #190 on: April 19, 2024, 08:56:32 AM »
Crypto has made amazing impacts of our lives, both individually and economically and I can state a few ways I've witnessed these impacts.

Firstly, with the help of crypto, money can now sent anywhere around the world with ease without experiencing any sort heavy charges or unnecessary paperworks, as well as some unnecessarily stressful procedures it would've cost to send mkmey abroad or anywhere in the world.

Secondly, crypto has provided, earning opportunities for both investors and traders in the crypto space, people now make good earnings and income off crypto currency by trading and other approaches.

Thirdly, Stablecoins has proven quite helpful and in handy as a good means of wealth storage for those who would rather prefer to store their wealth in a decentralised form rather than banks and other centralised forms where they can be controlled by central authorities.

For me personally, bitcoin or cryptocurrency has had a huge impact on me, and it has also helped a lot in my life and the family I have now, to be honest. And I also know that there are many communities in this field where it has helped them in their personal lives too.

In fact, until now, this industry has helped me with all my financial needs through trading and conducting transactions using p2p with our fiat.
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Offline DAMKAR

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Re: The impact of crypto on our lives
« Reply #191 on: April 20, 2024, 02:53:12 AM »
Crypto has made amazing impacts of our lives, both individually and economically and I can state a few ways I've witnessed these impacts.

Firstly, with the help of crypto, money can now sent anywhere around the world with ease without experiencing any sort heavy charges or unnecessary paperworks, as well as some unnecessarily stressful procedures it would've cost to send mkmey abroad or anywhere in the world.

Secondly, crypto has provided, earning opportunities for both investors and traders in the crypto space, people now make good earnings and income off crypto currency by trading and other approaches.

Thirdly, Stablecoins has proven quite helpful and in handy as a good means of wealth storage for those who would rather prefer to store their wealth in a decentralised form rather than banks and other centralised forms where they can be controlled by central authorities.

For me personally, bitcoin or cryptocurrency has had a huge impact on me, and it has also helped a lot in my life and the family I have now, to be honest. And I also know that there are many communities in this field where it has helped them in their personal lives too.

In fact, until now, this industry has helped me with all my financial needs through trading and conducting transactions using p2p with our fiat.
Not just you, I think almost all the members there get a positive impact from crypto. Either as a holder, trader, bounty hunter or join airdrop. I personally also get income from crypto which I can use to meet my needs. I was really helped by bounties and investing in crypto

Offline bayu7adi

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Re: The impact of crypto on our lives
« Reply #192 on: April 20, 2024, 06:25:26 AM »
Acctually i am truly speaking, Crypto impact on my personal life very much. Because i am also a trader and crypto Holder. I am maintaining my family from crypto trading. When market gose my Against then i were too much excited and then my blood pressure were high. Because i have to earn from here. I don't well anything then. So i think crypto impact of crypto on our lives there has no doubt.
That's cool... you can support your family from your income with crypto... maybe you should also have a backup plan when crypto turns out to no longer provide benefits to you within a certain period of time. We have all experienced losses in cryptocurrency, but this is a normal thing that we must be prepared to face.

One of the things I look forward to the most is when a trader can become a successful person and inspire many people by creating an atmosphere that trading is not scary enough.

Offline dekafee79

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Re: The impact of crypto on our lives
« Reply #193 on: April 20, 2024, 06:44:32 AM »
Acctually i am truly speaking, Crypto impact on my personal life very much. Because i am also a trader and crypto Holder. I am maintaining my family from crypto trading. When market gose my Against then i were too much excited and then my blood pressure were high. Because i have to earn from here. I don't well anything then. So i think crypto impact of crypto on our lives there has no doubt.
That's cool... you can support your family from your income with crypto... maybe you should also have a backup plan when crypto turns out to no longer provide benefits to you within a certain period of time. We have all experienced losses in cryptocurrency, but this is a normal thing that we must be prepared to face.

One of the things I look forward to the most is when a trader can become a successful person and inspire many people by creating an atmosphere that trading is not scary enough.
We have many advantages from crypto both as traders and as medium and long term holders. I also hear a lot of stories of people who left their jobs in the real world and focused more on crypto.

Offline Rubel007

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Re: The impact of crypto on our lives
« Reply #194 on: April 20, 2024, 06:51:53 AM »
If everyone who has been into cryptocurrency for a while now, be asked the question on what impact it has caused on their lives, i believed many of us will have much to say, if we are going to only consider the aspect of financial freedom and liberty it has offered to everyone, whereby we are no longer being attached to government controlled and centralized system of banking, every is free to make use of his financial standings as he wishes without taking permission from anyone, this alone a a major achievement.
Although we cannot use crypto independently due to the negative attitude of governments, we have found a reliable medium that will be supported by everyone, maybe not today but tomorrow. Not everyone who uses crypto has changed their life, but if someone takes the initiative to change his life by using it, it is not bad. Crypto has brought about a major change in the financial system. We could never have imagined that we would be free in the traditional banking system but crypto has created that medium. Transactions made using SWIFT are time-consuming and expensive, but in the financial system crypto is able to resource these tasks without any third party.

 

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