I Saw This Post this morning on my chrome feeds. https://bitcoinke.io/2021/03/crypto-lacks-use-case-says-cbk-governor/
This Prompted me to make this post to clarify few facts and Munich experience in the crypto verse.
This statement is exactly what i myself as a noob would say before I got to know about hive and leofinance.
what are the problems that cryptocurrency is solving
- ERADICATING POVERTY
This is one of the most annoying state a man can find himself in.
Based on world stats on poverty’s rate. A Man who spend less than $1.9 is considered a poor man. During this time of pandemic that a lot of people all over the world are joblessness and naive about what is to come to the table next.
Here in the crypto world we don’t have such issues, as long as you do your own job which Is to make your own research on what you’re diving into.
The rate at which cryptocurrency has made a lot of individuals grow from nothing to something is an example of the life changing experience it brings, which I myself am a practical example of that.
Though am not a millionaire yet but we are getting there slow and steady wins the race.
Another problem that cryptocurrency is solving or has solves is;
- Being your own Bank
All over the world. The banking sector is one of the entities that the masses despise the most.
We have seen how the banks keep it’s customer in a financial crisis loop of how to spend and manage their money. A bank no longer serve it’s purpose anymore. I don’t know about where you are from but here in Nigeria, banks and the government are just there to prey on your little cash.
I had a personal experience myself with a very know bank here. It happened that my account got hacked, which I lodged complain that I was asked to follow a process that involve getting a police warrant, all because I want to recover my stolen money.
Ever since, I made a decision to find a way out to keep and safe guard my money. This made me dive into the cryptocurrency world and ever since ,I am always at peace and also financial confident about my asset and how to manage it well.
All the potential that crypto offer are enormous, that we all have different success stories in the cryptocurrency verse.
Trust me Cryptocurrency Ian here to stay an and I’ll keep advancing in years to come.
If you can’t beat them your join them.
The statements made by the governor of the central bank of Kenya is 100% false and will never be true.
Stay safe Everyone👌