Why crypto currency is gaining popularity these days?

in cryptocurrency •  7 years ago 

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Today I am on different course of writing the blogs. I have made many reviews of ICO's, other crypto related projects and much more via steemit and other ways of marketing tools that I use. It is not appropriate to use the term marketing tool for the #Steemit itself because it is kind of open source blogging site so called - #decentralised one. Anyway, the use of such platforms has made me to think that crypto is such big field.

Why suddenly this thought?

Well, I am getting many requests everyday for different #ICO project publications, #Twitter Services, #Youtube Video making and much more but al of them are coming from one source and that is crypto world. Yes, anyone who contact me want to publics their own crypto related project. It could be faucet, gambling site or even the adult sites which use the crypto payment processor. All this ? Just to attract more and more crypto based investors and thus making the whole thing go right for them.

Why so much popularity ?

The only reason that I think is, the ease of use. People are getting really lazy these days and they don't like playing around much but just think of getting at the end quickly. For this purpose they are ready to use crypto currency as many projects have evolved giving the users freedom to choose which they could have never gotten on the centralised nodes.

You can be anonymous while making the payments, you can give away payments anonymously and you can hide your wealth in terms of the crypt currencies thus making it easy for you to save the tax filings from he government.

Yes this one is the best reason behind all this if we keep the comfort zone for aside. The #tax is what people are trying to hide form the regulatory authorities and crypto's have given them much more freedom than anything else.

However, the regulations are getting stringent now a days and countries like USA and European are making it strictest for their users. The US countries have vanished almost all the ICO form their own country thus making it more clear to their investors that crypto wont be accepted in to their country. However there are always ways to get into crypto and people are finding it. Thus, every country is getting encouragement for such activities and trying to make more and more investment these days. The end result is heavy rise in the crypto prices and in turn increased popularity of everything.

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