As an EU resident I've never even watched a hearing for my own country. Let alone a US senate hearing. But now I must have seen it three times already haha I watched it a few days ago and then a bunch of videos like this one to see what other people make of it. And I never thought I'd enjoy checking out a senate hearing, obviously biased here haha.
It's funny a year ago I never thought I'd even be interested in this let alone know what they are talking about now when I read the stocks news just because I learned about crypto.
I always wanted to learn how the whole stock market worked but it was always too daunting but now because of crypto I got a basic understanding and I'm more engaged in the financial sector which I absolutely never expected.
Definitely one of the positive effects of cryptocurrencies is how it has led many people into a whole new world (investing and speculation). I only hope that it has lasting effects for those people in a positive sense even after market crashes like we've had recently.
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Nice write-up....Right here in Africa, cryptocurrencies have opened up new frontiers for young people and has brought people with no previous knowledge of the workings of the financial sector into a space of accelerated learning! In Nigeria the first major exposure to cryptocurrencies was the adoption and proliferation of the global ponzi scheme 'MMM'; most persons lost their hard-earned monies, but a core group of crypto-enthusaists emerged and began to explore the possibilities and applications of cryptos beyond ponzi schemes, and this has led to a silent but significant financial revolution for youths-and this is just the beginning
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I hope people learned from MMM, as it was obvious it was a Ponzi scheme. Hopefully, we will see individuals building blockchain solutions to improve the social and economic demography. Nigerians seem to see bitcoin a quick money making machine. However, blockchain application to the economy would be beneficial.
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