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To be honest, initially due to my first negative encounter with Crypto, I was never a fan until I researched about/ on it more during my job search and I couldnt comprehend more that the Crypto/ Blockchain adoption really depends on the current generation and the upcoming millenials.
Many had asked, why I am a believer of it? Reason is simple, it would be a reference to the dotcom era where no one believe in the Internet could make it one day. Cryptocurrency/ Blockchain would just the the dotcom of tomorrow.
In today’s world, take example, China. Their major cities had advanced so fast that even a beggars on the street within the cities held a smartphone and people rendered cash through the scanning of the QR Code. Lifestyle changes and where everyone is doing the same thing, one need to evolve to fit into the same lifestyle in order to survive.
Not forgetting, Crypto boomed in China at the early years until the Government had to ban it due to political issues and the rise of many unethical/ illegal Crypto transactions. There is a need to strike a balance there thus the move to ban was necessary.
Friends in the space had always told me, majority of the mining machines are still based in China and China is now deemed the strongest blockchain-powered Nation due to the robust pool of tech talents.
Back to the topic, please don’t get it wrong about my political stands. I’m just using the above as an example to show that technology evolution is bound to happen and we will just have to embrace it along the way otherwise we will be out of the game and biting the dust.
Various Governments had start to embrace the digital payments and the use of Blockchain Technology and Cryptocurency. Both of them are inter-linked and will definitely be part of our life in near future, like a form of payment.
People just need to be exposed to more education and I had always ponder over the decline circulating supply of the various key Cryptocurrency, I just wonder which will be the next $Bitcoin #BTC?
The ecosystem needs more support from Individuals and hopefully after reading this, written by a Crypto-convert (Yours Truly) , <YOU> can do more research on this and be part of the circle.