Cryptocurrencies as a group have made massive strides with regard to user base and popularity around the globe. In the past decade, the number of cryptocurrencies actively being traded has skyrocketed, with dozens of new currencies hitting the markets and exchanges each year. Along with this growth across the field, there has been a massive increase in cryptocurrency market capitalization, as well as a tremendous increase in the number of users buying, selling, and exchanging these currencies. One way that cryptocurrencies are still hoping to grow, however, is in terms of real-world transactions. So far, most cryptocurrency business is done virtually, i.e. no tangible currency and no cards, which makes it hard to simply walk into a store and buy something with Bitcoin as easily as you would with traditional payment methods. Now, with the advent of cryptocurrency debit cards, these digital currencies could find a practical application for everyday users in the real world.
Bitcoin is the original cryptocurrency, and its meteoric rise has made it a mainstay of conversation for investors, media, and technologists alike.
In fact, the innovation of the blockchain is changing entire markets, while causing ripples with central banks and the financial industry. At time of publication, the bitcoin price now hovers near US$2,400, a massive increase from this time last year.
But the true impact of Bitcoin is actually far more reaching than this - it's actually helped to birth new markets for over 800 other cryptocurrencies and assets that are available for online trading. And while the market for bitcoins is worth $40 billion itself, the rest of these cryptocurrencies are actually worth even more in combination.
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If I could use a shift card in my state I would just dump my paychecks straight into crypto.
I really like this post, cryptos have the potential to change the way we perceive value. They're still pretty new in existence but they could take control of our entire monetary system in due time. Thank you for sharing.
followed/upvoted. Cool post. Personally I would love to have one...one day soon!!
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