Cryptocurrency is a very popular term when it comes to investments because of its amazing benefits. There were times when cryptocurrency is better than stocks. However, there were also times when it is not that good. If you want to know more about cryptocurrency market, regardless if you are a beginner or expert, GladAge will be of great help. You will find in GladAge everything from trading, to exchanges, to ICO list and also news about cryptocurrency it covers a lot of important stuff related to cryptocurrency such as bots.
It is indeed important to educate ourselves about the fundamentals of cryptocurrency. While it is quite not possible to say which way the market is going to go from here, one thing is for sure, cryptocurrencies must stay in the market. Here are reasons why:
1. A Technology that is Resilient- a situation that is Brick and Mortar may appear to be stable than they actually are, because we are kind of used to associate ability with an imposing physical presence. On the other hand, cryptocurrencies appear to be the opposite of “stable”: they are volatile and clearly under the control of a myriad of external factors.
2. Great Alternative to Governments and Central Banks– It is believed that fiat currencies have no intrinsic value. They are supported by trust in governments and central banks. On the other hand, cryptocurrencies are supported by distrust in governments.
Don’t worry, you do not need to believe that governments are evil in order to admit that they occasionally screw up. Everyone makes mistakes since nobody’s perfect; when entities with great authority and power make mistakes, their mistakes sometimes have great consequences. From a practical perspective, putting some funds in cryptocurrencies allows us to hedge against such mistakes. I would personally prefer that the government did not screw up.
3. Can also be an alternative to corporations- For a while now, it seemed that not only globalization is inevitable, but that centralization is inevitable as well. It seemed that we had just two options —either to give more control to governments, or to give more control to large corporations. something like that. From these two options, the Western world has preferred the second one. As a result, we have ended up in a situation where companies like Facebook, Twitter, Instagram, Google, Amazon and Microsoft have uncomfortably large amounts of knowledge about our lives and power from that.
Once implemented, decentralized blockchain bases social networks and other online services would let us to own and monetize our online presence.