Hello friends how are you all I hope you are much better with cryptocurrency and real-life money I will try to talk I hope you like it in the current context of our physical life we still deal with physical money i.e. real-life money Today I will try to create a complete blog with you in this regard. Also in my blog today there is real-life money versus cryptocurrency.
Physical Money VS Crypto?
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Today's competition is happening
Weekly Featured Contents
Week 06:- Edition 02:-
Physical Money or Crypto?
Ever since cryptocurrency became a thing and got the attention of the world, many governments have been against it while others embraced it. What about you as a person? Do you prefer the digital form of money? Or you would rather use physical? Give reasons as well, we would love to know.
What do we mean by real life money?
Many of the people we work with here so far often talk about money in real life. The most notable thing is that the money I make online is the only thing I can think of. They have ideas about whether or not they are, but they still say that I can take this cryptocurrency into my own hands in real life. There are many such questions. Many people think that real-life money is a tie. This is what we mean by real-life money
Money transactions in real life are called by different names in different countries of the world. It is worth mentioning that in countries where the dollar is more or less the same people in China who know all the people from small to big can express their opinion. There are some countries that have so far given priority to real-life money transactions. In this age, we who are in the online world are moving forward with a kind of thinking mentality but those who are not in these sectors but they fix these systems now. Closed in different countries
At present, I am trying to say that there are many advantages and disadvantages to real life money
Most countries in the world do not want to legalize cryptocurrency at the moment and if any country has legalized it, they are removing it and not allowing it to be used properly in normal life. Given the opportunity to do so, it seems that the physical money we transact that we can handle in real life, I think the user will be much less, but the point is to try to say what are the advantages and disadvantages.
Physical money transaction facility
- In real life, we can use it for any purpose at any moment
- You can use that money in any store in any country at any moment without any difficulty
- Having money in your pocket means you can do everything
- Your wishes can be fulfilled on time and as you wish
I can say a lot more if I want to, but I don't want to raise any more issues. I hope you know from the current situation that having money in your pocket means that everything in the world is possible. We all know this.
Physical Money Transfer Difficulty
Notable among the various types of problems we face in dealing with physical money
- Maximum accidents happen in this world due to this physical money transaction
- If you fall into the trap of any thought in the street, you will lose the money in your pocket which we have considered physical money.
- You are playing by wasting your money at the wrong time
- Even good work will waste money, but you will spend money teaching where money is not needed.
I don't want to exaggerate, but the words came from my mind. I tried to say them. Now you can say that if I keep the money in the bank, he uses the bank card, and if he does things, it will be the same, but I think nowadays currency And their use are the same because we can't capture what we have in the online world in real life and can't do anything, so I don't think it's right to trade our physical money.
I have tried to talk about some things in physical money transactions. I don't know how you like the words, but I have tried to present my words in a beautiful way. We all have to move forward as the technology of the present world is, because the more technology we can absorb, the more we can move forward.
Can cryptocurrency replace plutocrats in the future?
Still, what we mean by currency Then's that cryptocurrency isn't similar to a currency. Any cryptocurrency is a tally or tally, where formerly a trade is made, it can not be changed. This is possible for blockchain technology
Technically speaking, anything can qualify as a plutocrat until the receiver and sender agree. Therefore the trading system was time after time. People used to get rice in exchange for flour. Or, a swab in exchange for sugar. Also, they realized that not everything was available or that the same quantum couldn't be cultivated. For illustration, 1 liter of gasoline is worth further than 1 liter of water.
In the case of edict currency or normal currency, there are banks in the middle, there are regulations, so there's someone to cover effects to whom we feel safe nearly. And there's no need to depend on anyone for cryptocurrency. There's no one to trust because there's no bone in the middle. Governments in numerous countries can not accept crypto as a payment system. Numerous of them have formerly assessed warrants and restrictions, limiting the capability to trade in cryptocurrencies.
It seems veritably delicate that a bitcoin would fully replace the rupee, plutocrat, bone, or any other paper plutocrat. The existence of the two is further real. For now, cryptocurrencies are a threat to major investors, players, stakeholders, spectators, and indeed tweets or responses to government opinions. A nonsupervisory structure will cover it against it.
Still, Bitcoin, Ethereum, Ripple, etc. may be a part of our unborn lives in the form of a plutocrat, investment options, products, means, or any other form.
I am nearly certain that in the ineluctable future where cryptocurrency is oriented to using that term rather than a plutocrat. So yes, I guess cryptocurrency can be considered a plutocrat. Crypto is also an investment at the same time as it has come in the form of our payment.
Because the moment, we've formerly used crypto as one of our diurnal payment styles. Because the value of plutocrat is to complete our diurnal conditioning for buying and dealing. So there's no mistrustfulness that crypto can formerly be considered as a form of a plutocrat.
Why the governments of different countries are not legalizing cryptocurrency
I have no experience with why governments of different countries do not legalize Bitcoin or cryptocurrency but I think it needs to be considered by different governments because the number of cryptocurrency users is increasing day by day so I think every country should have this cryptocurrency. I think the people of the country will benefit a lot as the government of each country and the people of the country will hopefully cooperate for the proper use of the people of the country because the government of the country will think of them the way the people think of them. So I think the government of every country wants to give legitimacy to every country of the same type through proper and beautiful policies and free circulation of cryptocurrency in the world.
My advantage in cryptocurrency transactions
Many people have different ideas about cryptocurrency. Many people in this world look at it well. Many people look at it badly. I am trying to share my words today. I hope you will like it because we have seen so many people's opinions about cryptocurrency. Trying to express my opinion as far as I know
Cryptocurrency has given me a lot of things in my life that I can't explain now but the currency has given me a lot to like and get acquainted with some good people. Having a little currency was the only way for me to talk to any good people to get acquainted with
Now the thing that I have been able to get out of the stingy currency is that if I keep money in the bank some part of it goes to the bank authorities we say the tax has to be paid to the government of each country
Now the point is if I trade in a cryptocurrency, do I have to pay taxes? I think there are very few types of taxes to pay, but cryptocurrencies have an advantage when I take advantage by transferring from one account to another. I can do it
All the people in the world will one day get involved in the currency which will not take much time. I think in the next ten years all the countries of the world will participate in cryptocurrency. I think if we can gain a lot of experience in cryptocurrency from now on Then you can think once and for all about where you will be in the position because of what kind of idea you have come up with. You have thought about where your place will be.
This is my attempt to give a little idea about real-life money and currency. I don't know how I got it, but I tried to tell what is the difference between physical money and cryptocurrency and what we can do to make our cryptocurrency more beautiful in real life. Thank you so much for blocking me as much as I can. I hope you like it. If you like it, please comment and if I have made any mistake, please forgive me so that I may not forget it later
very great idea. If one day housewives use crypto to buy vegetables to buy household appliances. it's getting more sophisticated.
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Well detailed and full of what I need to know, you've done well in sharing this post with us.
Real life money sure do have some disadvantages I wouldn't want to encounter again so I prefer the digital money.
Kudos to you @shariarahammad
Thank you so much for your valuable time in reading my post and for agreeing with me
I think so, now slowly this is happening in most of the big countries
Yes bro