The majority of people who are not in crypto still think that it's a risky game but easy money-making stuff which is not true. Being a part of the crypto space we know that earning money is not easy and even not every crypto holder is a millionaire. The Crypto ecosystem has been evolving and we have seen quite a different use case of this in the last 2 years. During the pandemic, crypto has helped lots of people to find their way of earning money for their life survival. While almost everything was crashing at that time but crypto was doing well and lots of people decided to enter crypto and now they are happy with their decision.
Crypto is turned out to be an instrument that is not just to trade or hold but this community is helping the world in the tough time. Recently we have seen how crypto has helped Ukraine during the crisis and since banking was affected because of war but crypto continued to work. We never thought that crypto can also become like this which can help to save millions of lives. Many countries have come forward to support Ukraine in this tough time but crypto exchanges also have done their best to support humanity. Even FTX exchange has credited some amount to each wallet for Ukraine users in the beginning and Binance also followed the way to support people and lives.
Crypto donations collected through Binance Charity would provide financial help to the humanitarian initiatives of major intergovernmental and local non-government organizations.
Even now Binance and another exchange named Whitebit is offering help to Ukraine refugee and this is a great initiative indeed. People and humanity are something that we should always give priority and crypto exchanges do their bit to do this. It's obvious that these exchanges have limited resources but still, they are trying to help people as much as they can. I wish government and people who are against crypto should read this news update to know how crypto is helping. It's beyond just digital money instead of it's an ecosystem that is growing and with its growth, it's not leaving the people behind which is another plus that we can rarely see in any segment.
Traditional media would never share such information because they mostly want to share the negative side of it so that people don't get to know about such initiatives however there are many reliable online media where we can chase the best news for crypto worldwide. So I believe that now is the time to think seriously about crypto and share such good things with more people so that they can also get to know and start thinking positive side of it and this will also encourage more people to be part of.
How do you see this initiative in the crypto space and do you think that this is going to create more positivity towards crypto may the government also like this. It's time to keep an eye on the overall progress of crypto worldwide and how it's impacting our lives in a positive way.
Thank you so much
Stay Safe
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This is all very true and crypto has evolved so much since the early days of bitcoin.
It now has thousands of tokens. Hundreds of uses and millions of users.
It's a different beast to what it was at the start.
The pandemic gave people a great chance to get involved and to learn more about it which is a huge bonus for the ones who did it well and can now earn from it.
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Indeed, things are growing and along with growth this is also helping the people to overcome the crisis. I wish more people start thinking positive about crypto. Thanks for sharing your view.
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If you listen to yhe wY government bodies explain crypto like it is our worse financial nightmare used for everything evil, you will be so shocked. Cryptocurrency on the other hand is used for so many things which are adding to our world positively and a very big one is charity. I hope the world starts to see crypto for good and how can be harnessed to do impressive things.
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Yes, I too hope that world consider crypto as an asset that can help them achieve financial freedom.
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I didn't know about binance or fxt, but I think it's a good initiative because innocent people are the ones who suffer from the bad decisions of governments, and crypto has been a great help for them.
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Yes, very good step to help people and this is great because those who are helped will think positive for crypto.
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