image Via: NYDIG

Around every corner of the globe, the newest technology is growing, changing the perception of the many people who once closed their eyes to change. The first bit of technology that changed society was banking and the internet, which became modern-day social issues. 

The internal war that has been amongst society for the longest was the war on those who were banked vs. the unbanked or the rich vs. poor. Of course, being unbanked has always been thought to be wrong because all of the blue-chip joneses had a bank, so everyone needed a bank. But, on the other hand, the current system never had a place for those with no banks because the perception was either those with no banks were either poor or criminals. 

Fast forward to 2021, where it is now the opposite, not to say if someone has a bank, shame on you; nonetheless, the unbanked communities actually have the opportunity to thrive more than the banks. But, unfortunately, taking 40 cents on your dollars in your savings account seems like Banks are taking more than providing, considering the yield is down to about 0.2% if even that.

The power of networks like Celsius makes things like being unbanked seem elementary with the services they provide. For example, making it possible to borrow funds, withdraw funds, earn a nice bit of interest on your crypto, and to top it all off, you can pay through the wallet as well using Celpay. 

Via: Celsius Network

The culture switch is not all there to get paid in cryptocurrency from jobs regarding how day-to-day people receive money from jobs through direct deposit to their bank account. However, it is much needed to accept payment for the exchange of work; this is why I will advise going the untraditional banking route using Revolut. Furthermore, Revolut provides a service that allows anyone to buy crypto within their bank account, making it a bit simple for those who like the all-in-one bundle. Still allowing one to earn interest on the dollars you have in your account at 0.10%, considering the growth that is still happening within the community of Revolut, the long haul will be full of surprises.

image via: Revolut

The internet made the world move faster, faster data, faster cars, and faster movement life; the internet is the mecca for traffic. Everyone is in one place without even knowing it, making everything move faster; it is like having two entire construction teams build a small shack. Things like business models, payment systems, and shopping grow the way they do due to the simple fact of being a part of a digital era where technology can move by itself. 

The internet moves through time without ever having to punch the clock, making it easier for information to travel from one place to another. However, it can make things a little complicated with safety procedures online regarding how secure and private your payment and identity information is.

Security and privacy are the two main reasons why Blockchain fixes these problems with protocols like the collateralized token Amp can send assets secure and instantly. At the same time, Monero can do transactions without being traced by outside factors or evading data collection from particular applications. It is not about crime, nor about having something to hide; it is about protecting what little we do have as people.

To understand why you should make a certain decision on rather you unbank or switch from traditional banking going to the future, considering all of the things against those trying to get away from the traditional ways of life that are dying out. 

This is the era of being free from the powers that have secretly held down the people; blockchain technology will win in the long run and help the people who want to be helped and create free life for all who want it.

To read more on the importance of Bitcoin and digital wallets, click the link: https://medium.com/the-capital/the-importance-of-bitcoin-and-digital-wallets-57ad95cfd033.

To read about how the Blockchain has provided jobs 8,000+ jobs in the past year, click the link:https://medium.com/the-capital/ahead-of-the-game-1a86d48f42ee.

Newest information on our infrastructure: https://medium.com/the-capital/economical-feast-30f4a8b2a2ad