Importance of cryptocurrency education

in hive-183397 •  last month 

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I will be writing on the importance of cryptocurrency education which I honestly believe to be is something worth talking about as many have often heard lecture about some enlightening cryptocurrency discussion and yet don't seem to grasp really why we need to be educated about cryptocurrency.

Today I will break down some major importance of crypto education because it's important we appreciate it really.

Empowering Financial Literacy

Well one importance of cryptocurrency education stems from the fact that cryptocurrency today have helped to really define people's view on money, I mean the idea we had before about money and everything we perceived it to be or really mean have been completely redefined by a proper knowledge and education on cryptocurrency.

With cryptocurrency education people have come to know about cryptocurrency a new asset class which is helping people gain financial freedom and have complete control of their finance and with cryptocurrency education it has enabled people from all walks of life to always make sound investment choice, people know now what a sound investment choice should look like, if they don't already cryptocurrency education would ensure that.

So truly I believe cryptocurrency education help in great scale to guarantee what is a global financial literacy.

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Mitigating Risks and Avoiding Scams

When people enter this space with little or no knowledge at all they end up exposing themselves to quiet a great risk and really I believe that is especially true for those who enter the cryptocurrency space ignorant of details they should have covered.

Here often we see all manner of fraudulent activities by many malicious actors we experience scams like never before not to add to the extreme volatility of the market in the first place, so what happens when people enter the space ignorant of these facts is that they end up getting burned and losing chunks of money, and this is solved or rather easily prevented by cryptocurrency education which helps make users aware of risks that comes with investing in crypto.

So truly beyond a doubt cryptocurrency education helps a great deal to help people mitigate risks and avoid prevalent scams in this space.

Enhancing Security Awareness

Many who enter the cryptocurrency space do so without any security awareness, they are novices and naive really and may tend to make silly mistakes that jeopardize the security of their asset which is why is greatly important they are informed about this before coming into cryptocurrency.

I mean here is not like the banks we have locally where they are the ones who both manage our funds and hugely responsible for it's security in cryptocurrency space we have a whole decentralized system and the safe keeping of your asset is our personal and sole responsibility so things like our privates keys should be securely guarded by us if we don't want to lose our asset and ensuring a good and secure wallet then becomes important too ifnot we risk losing everything we have and what we ensure we are able to do this, that's cryptocurrency education.

So yes cryptocurrency education helps to ensure that everyone entering this space has an enhanced security awareness ifnot then you couldn't possible know how to handle the online thieves, and every hacker and their ways and most important the safe keeping of your funds.

Supporting Financial Inclusion

Well we keep talking about how crypto helped to solve things for the unbanked or those who are in places with less financial facility but then how would it so that really when the masses don't know about it or are completely ignorant of it, how so people enjoy the wonderful benefits of cryptocurrency when they haven't received any formal education on it?

Well with lack of proper education then the masses won't really enjoy the financial freedom cryptocurrency gives which means they need the proper knowledge to navigate themselves here and enjoy cryptocurrency to the fullest extent possible because this knowledge would help them know how to utilize cryptocurrency solution which is preferred to what we have today and helped them contribute to the economy which is possible after a proper educational background on cryptocurrency.

So cryptocurrency education is important because is support the very thing cryptocurrency is here to give that is financial inclusion to all and that could only be achieved if the masses know how to use cryptocurrency in the first place.

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Conclusion

So cryptocurrency education is really important don't let anyone tell you otherwise because a lack of it would seriously jeopardize and shorten your stay here. I mean don't let ignorant stop you from enjoying the wonderful blessing cryptocurrency brings and embrace cryptocurrency education as it's importance is there for all to see.

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Upvoted! Thank you for supporting witness @jswit.

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It is a great article of Importance of cryptocurrency education.

I agree that education is important to have mass adoption in Crypto because not everyone is able to understand the technical part of it which can be covered through proper education channels.

This post has been upvoted/supported by Team 5 via @httr4life. Our team supports content that adds to the community.

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