Today I am going to present my opinion of why cryptocurrencies are the future and to understand this we will make a trip to the past.
About 10,000 years ago, money did not exist and civilizations traded their possessions through barter. Bartering consisted in exchanging one possession for another. For example, a farmer exchanged 2 bottles of milk for a bag of bread.
This method became untenable and complicated to carry out since it was difficult to transport the possessions to exchange and in many cases, such as that of food rotting on the way.
That is why civilizations seek a way to pay for possessions in another way and that is where precious metals such as gold, silver and bronze were taken as valuable objects for exchange.
This system worked quite well for a while, Then the gold standard was created, through which banks issued bills that had an equivalence in the metal, meaning that anyone could claim gold in exchange for dollars.
It was after the First World War that the governments were in charge of printing the amount of bills to pay all the war expenses and the gold standard ceased to be valid.
With the advancement of technology and computer systems, credit and debit cards were created, making people not even have to carry their dollars.
Now, if the financial system supported this because there are many people who do not believe in cryptocurrencies?
My answer to this concern is simple, those people are in the wrong time, they can not understand what will come and they are reluctant to change.
As if we were telling a person that the only exchange system he knew was the barter that would be exchanged in the future through a ticket, it would not be accepted. Or if we told our grandparents that in the future it would not be necessary to have money on them to make payments that the money will be replaced by a card. They would never believe it !!
that is what many people feel about the cryptocurrencies, they are afraid, they do not accept what is coming and they lose opportunities.
Do not be like them, do not expect to have to travel to the past to buy your bitcoins!!