Chapter One
I do like to ponder, so I pondered on the state of the world in currently - 2020 - the way people are having to adapt to the current 'new normal' that is happening globally due to the unmentionable plague that is either sweeping the planet, or not as many are thinking.
People are losing jobs in virtually every country due to the pestilence of that unmentionable plague of 2020. For some job roles either will not be the same for a long time to come or change permanent, some jobs will never come back - some may survive but change, as many already have. You could say adopting smart survival techniques are in order for many businesses.
Many businesses have found help financially virtually zero or a pittance - some feel big businesses again got huge cash payments while small businesses got cast aside... In my opinion the latter is true.
There are the multiple different social disorder events going on in many cities across the world, from 'Black Lives Matter' all the way to I do not like my government very much... Then if that lot is not enough there are the crazy rumblings that are going on politically, in Europe, Asia, The USA... Actually just about everywhere... It is almost like dog eat chicken, chicken eat dog out there... It's wild!
Is it it any wonder people are just stopping venturing anywhere and stopping home anyway? I mean not only because some people have no choice, but many have made a choice - lucky ones get to work from home - savvy folk have created whole new business ventures from home...
Here is where we get to the Cryptocurrency part...
Chapter Two
There has already been two parts or more to the way Cryptocurrency has been massively boosted by the current state of the global economy and how political instabilities and uncertainty have created an air of unease around physical cash and the banking system. People have become suspicious of banking behaviour over the last 15-years, people are slowly waking up to the fact... "Something just ain't right down at the local bank."
As this skepticism, has rightly in my opinion, been triggered in people around the banking and financial systems - so have the people been digging around at a way to beat the banks at their own game. Basically people have a need to drop a lot from the banking system because the cost of borrowing and taking out any loans, well... are not even a factor in the current way of life... The more savvy of humans have dropped banking facilities such as loans and credit cards, mortgages are a luxury in 2020. So other than use a bank account to accept government benefits help or what level of pay they may receive... Cryptocurrency has been slowly dropping in and out of regular bank accounts as crypto to cash, and cash back to crypto at an ever increasing rate.
People have started to find Cryptocurrency - even some of those that are guilty of crying scam about Bitcoin in the past, have now embraced the Cryptocurrency World.
People have literally found out that there is a whole new way of living and earning via Cryptocurrency. This means that even the paranoid can now feel safe in the confines of home and business or play does not involve going outside at all...
The future has begun to arrive at an incredible pace, and it seem like there is no stopping it - technology and the way people spend, save and invest just took a huge leap forward. When people adopt Cryptocurrency as a main source of finance and income, they start feeling a balance return to their lives. I for one can vouch for that.
Is 2020 to blame for the uptake in Crypto?
You bet your life it is - people found out pretty quick that life needs to adapt fast. Cryptocurrency has been both an accidental find or as an experienced Cryptocurrency business person, would say... "A complex and bonkers year already. "
Chapter Three
Twelve months ago Cryptocurrency was a much quieter place... But 2020 has seen a surge in new crypto applications, investment tools, income opportunities and many new tokens have started to appear. We have seen some big forks starting to develop in the big currencies, talks of 2.0's and even major sports clubs creating or planning on creating Cryptocurrency of their own.
I am going to have to agree with the conspiracy, or rather alternative theorists... It is absolutely no wonder governments are looking at Crypto with fear in their eyes - it is also no wonder the banking sector is quaking at the rise of Cryptocurrency and its use... The benefits of and its use.
It is no wonder that governments, law and banks with their little horde of marketers - cry at the prospect of not being able to see a person's transactions, savings and spending behaviour... They cry because they hate anonymity in the above institutions... It is why governments are being lobbied hard by big banks and corporations to take on Cryptocurrency companies... But Cryptocurrency is winning and winning hard.
The world is changing, like it or not... The adoption of Cryptocurrency is about to go stupidly fast into the future, keeping up is already a task. Anyone dragging their feet now in 2020 is going to be left behind... I feel sorry for them - I just have a hugely strong feeling the pains of people who adopted Cryptocurrency are going to be nowhere near the level of those people relying on physical currencies to live.
It is of my opinion that it is up to us as pioneers and explorers, treasure hunters and prospectors, to educate, promote and make savvy those people who may still question crypto, and those who have simply put Cryptocurrency to the back of their minds.
It's a brave new world out there... Good luck.
To be continued...