Random Blog on Crypto (Part 71) : Some reasons why crypto won’t be destroyed [Part 01 of 02]
Welcome to my random crypto series. Today, I will explain why crypto will not be destroyed. Many people think crypto will fail, but that is not true. I have strong reasons behind my statement. I will give you some reasons. Crypto is not controlled by any one person or company. It is not under one bank or government. No single group can stop it. So it is in a strong position in this sense. If one country bans it, people in other countries still use it. Bitcoin is not in one place. It is on many computers worldwide. It is not possible to remove all of them. Even if some are gone, others will keep working. So, it will exist for the future.
Many governments tried to stop Bitcoin, but they failed. That is true. Crypto has many supporters. They do not leave it easily. They keep using it even when prices fall. They believe in its future. If one exchange shuts down, they move to another. That is what we have experienced so far in this World. People have created many forums and groups. They help each other. They teach new users. Governments cannot stop millions of people at once. This is the reality of the crypto sector. When China banned crypto, people used VPNs to continue. The ban did not stop them. So, in that way it can not be stopped. Its beauty and blessing for many of the users throughout the world.
World’s people will take care of this sector for their own benefits. Crypto is not just for trading. People use it in real life. Many stores accept Bitcoin. Some companies pay salaries in crypto. In some countries, crypto is used to send money easily. It is faster than banks. It is cheaper than bank transfers. If banks fail, people use crypto.
Hope you enjoyed today's logic. In my next post, I shall share some more points on this topic. Thanks.


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Upvoted! Thank you for supporting witness @jswit.
True, their increasing use worldwide is a big reason why this world cannot end just yet. Nice Blog!