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RE: Challenge 4 | The Future of Cryptocurrency | Symbiosis is the Key

in Best of India4 years ago (edited)

the next step is to ensure that people are educated about cryptocurrencies

True. The crypto sphere is well aware of this. Even they recognize the barrier to entry a little high. So better to lower it through technology, suitable dapps, training, education. Today we have a decentralized social blogging platform, crypto agnostic platform, etc and other online activism for crypto adoption is also going on. This should penetrate deep.

Not everyone in this world likes change

But the natural evolution will enforce the change automatically, that change is not visible to eyes, but that is changing constantly. A "riksa" puller, who does not have any formal education, still knows how to use a Smartphone today, his next generation will be well versed with crypto. It's just about how and what we adopt as a community. That effect will have impact in your life.

Instead, we need to find a way for both these assets to co-exist.

Very true. CBDC to go with.

Thank you.

#twopercent #india #affable

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Yes. Completely agree on the education front of things. The entry barrier to the crypto world is definitely very steep for someone who has just heard about this space. There have been numerous successful attempts to demystify crypto through learning platforms like Coinbase learn, Coinmarketplace earn, etc.

But the natural evolution will enforce the change automatically, that change is not visible to eyes, but that is changing constantly. A "riksa" puller, who does not have any formal education, still knows how to use a Smartphone today, his next generation will be well versed with crypto. It's just about how and what we adopt as a community. That effect will have an impact on your life.

Also agree with the fact that the next generation to a "riksha" puller is most likely to be well versed in the crypto space. However, we are still missing out on the current generation. Many have hard shunned crypto to be a Ponzi scheme without even understanding the technology behind it.

Take Warren Buffet for example. He has told in many interviews that Bitcoin is a gambling tool, a fraud, Ponzi scheme, etc. So, a bunch of people who look up to him for motivation are also inclined towards never giving cryptocurrencies a chance. Its high time that people understand the cryptocurrencies are the better way for the future.

Decentralize Everything! Steem on!

#twopercent #india #affable

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