5 Reasons that Mainstream Cryptocurrency Adoption is Just around the Corner.
Many are wondering what is going on with this concurrency thing, and whether is is just a bubble that will pop, or if it is something that is here to stay. Though I may be preaching to the choir (this is steemit, a crypto platform afterall), I believe it is here to stay. And here are some of the most compelling reasons:
1. 5G Internet
We currently live in a world of 4G internet and more connection than we have ever known as a species. But we are never satisfied where we are. With the finishing touches coming on 5G internet (and 6 and 7 already on someone’s to do list) that means one thing. Anywhere that there is electricity will be able to get the internet. Now you may think that the need for electricity would disqualify numerous people from getting involved. That brings us to number 2.
2. Solar Panels and the energy revolution
With climate change starting to impact many around the world in serious ways, we are collectively looking for a better way to generate electricity. With companies like Tesla forging into a future that harnesses the power of the sun, soon there will be enough gigafactories to electrify the world. Solar panels will continue to become cheaper and cheaper, allowing previously inaccessible parts of the world with no electrical infrastructure to develop an electrical grid. There are not large relay stations and deep underground lines requiring maintenance here. Smaller, more impoverished areas will have one battery that serves the whole town’s needs. In developed places like the United States, the house you live in will be your electric generator, powering your car along with all the other devices you use. As our whole infrastructure moves more towards an electrical, digital grid, do you think that paper money will fair any better than print newspapers and physical bills delivered to your house?
3. Global Marketplace
With a connected world, that also brings an education to billions of people to which it had previously been inaccessible. While this will begin with the basics such as learning to read and discover the various cultures and mysteries of the world, this also opens up a brand new “untapped marketplace.” While you might look at how long it took for the rest of the world to get to where it is now, the length of time it will take for the rest of the world to catch up will be a fraction of the time.
4. Evolution of money and human history
As I stated before, the current form of money is “old tech.” Much like the horse and buggy, it’s an old way of being that is long outdated, and yet many still cling onto. If you are old enough to remember when they first introduced debit cards as an alternative to writing checks, many scoffed at the idea that their money was safe and could be tracked. Now, if you see someone in front of you pull out a checkbook, you hear a collective groan from everyone in line, and you internally ask yourself what the hell this person’s problem is. In many Asian countries, wallets and cards are already a thing of the past. And it’s begun here in the United States. All you need to do is pull out your phone and wave it in front of a pad. Basically the only step left is to start calling whatever it is that you are using (dollars, yen, rubbles, etc.,) something like Bitcoin or Ethereum or OpenMoney.
5. Power to the People
The biggest reason that cryptocurrencies are going to receive mainstream adoption is because of Us, the People. After the financial crisis of 2008, and the dozens of other crisis that preceded it, and the one that is currently in the making, the people are tired of being led by childlike rulers. Secrecy and manipulation are a thing of the past, and now is the time for each and every individual to stand up and take back their right to have control over their lives and their resources. That is why this blockchain revolution is happening. That is why organizations like Open Money are building decentralized platforms that will provide access to financial systems that had previously been denied to billions of our fellow humans. It is up to all of us to help move this process along and bring all of humanity into the digital-electrical age.
If you would like more information on the Open Money platform which is currently in development and is currently preparing for their pre-ICO, you can visit their website HERE
They are also conducing a bounty program in which you can earn free tokens along with other prizes. If you would like to sign up for the bounty program, my referral link is HERE and just follow the simple directions. CLICK HERE