It is evident that, in the South American consensus, the financial world is moving slowly towards the current use of cryptocurrencies. In everyday life, the average citizen continues to buy products for the family table in the food markets where he measures his spending capacity and faces the ups and downs of food products. He uses cash, coins and bills. This form of use is still a slow and long transition towards the current use of cryptocurrencies.
There is still a lack of knowledge about how to use them. We believe that the forms of change in monetary use are already hinted at in the current use of yapes and plines as a subtle way of adapting to the use of cryptocurrencies. Another element favorable to cryptocurrencies is that, research is facilitated by all transactions being public, it is easier for the police and intelligence services to easily trace the receipt and sending of money from any wallet, without the need for judicial authorization. Experts say that the key to knowing who the holder is is to associate the identity of the holder with a particular monero, as with any bank account.
When cryptocurrencies are built with the appropriate technical architecture, they are transparent. Through Blockchain, which is a decentralized digital record of transactions shared between a network, it is immutable or unchangeable, there is no option to alter its processes.
Specific regulation by governments is awaited. In the daily events of cryptocurrencies, there is a risk of price fluctuations according to the financial management of the great powers. There is also the distrust of potential users due to ignorance and the presence of cybercrime, of scammers announcing overvalued profits. The crypto world is real and is not related to magic, it is the market that raises or lowers it.
In this scenario, Micronación has been carrying out educational work with Latin American and Andean users to strengthen their development of cryptocurrencies. IntiKota has been forged as an expression of the work of commercial and tourist activity in southern Peru.
