Why Physical Money Can Kiss Digital Money’s Ass.
In the last five years alone, the function of money has changed substantially. Thanks
to the internet, mobile apps, and crypto less and less people are dealing with physical
money. I think this is only the beginning and quite frankly here’s why.
CBDCs are now seriously being considered.
The Federal Reserve has announced that while they haven’t yet made a decision,
they will be seriously considering the concept of migrating over to a digital currency
I’d like to mention that this is coming off of years of pushback over the adoption of
digital currency. For a long time decentralization was viewed as a threat to our
financial system and its no coincidence as to why. Digital systems offer more
efficiency and give more control to retail investors. Two things the federal financial
system are not happy about. Its also worth mentioning that companies like Ripple
have played a huge role in the adoption of digital currency. Its a large reason why the
Federal Reserve is now looking deeper into the potential of digital currency more than
Space is already being etched out for more financial inclusiveness.
digital currency more prevalent than ever before. At this point it’s unavoidable. Bout
damn time! I’ve been a huge supporter of crypto since 2016 and I think crypto is only
going to push the importance of digital currency.
What I love about it is the level of independence and retail investors now have when it
comes to their money. At this point, you can just pull out your phone and build a
day its no surprise that digital currency is doing its damn thing.
The inflation rate is largely due to the way we print our money.
So I don’t know if you’ve heard, but your money isn’t worth much. The Fed Reserve
keeps on printing money like it’s going out of style. And guess what, the only people
who suffer are people like you and I. So why support physical currency? It’s printed at
an uncontrollable rate, its value only goes down, and it can’t buy much for you these
I’d much rather hold digital assets that carry more value and can be used
seamlessly across multiple payment systems. Imagine paying for your takeout with a
at the grocery store. Digital currency can provide transperancy to the way our
financial system handles money and I’m 100% on board.
More digital innovations mean a higher ceiling for monetary gain.
It’s no secret. If you play your cards right, you could make a boat load of money
holding digital currencies. And no I’m not just talking about a couple hundred dollars. I
know people who’ve literally bought homes with their crypto portfolio. And the beauty
of it? The wave has just begun. If you do the research, you could be one investment
away from investing in the biggest digital currency of the future. Keep in mind, this is
not financial advice. I’m just calling it how I see it. Digital currency is here to stay so
the earlier you can learn about it, the better.
How do you feel about digital currency?