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RE: Musing Posts

in #musing-threads6 years ago

What about Cryptocurrency inspires you or catches your interest ?

I have always loved the idea of earning cryptocurrency for many years. It inspires me because of the flux with the rise and fall. Though sometimes not too stable withing the value of this kind of currency, but the main insipration for my love of it is I feel like I am duping the government. The idea that it isn't concidered part of the tax world, meaning I get keep all I earned. Along with the bartering system that I tend to live by, cryto feels like just that.

I wish I had mining server up and running 24/7, but the only access to internet is wifi at the library. Maybe soon this will change and I can be in the market for many types of cryto.

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The main reason why I have a great hope on Cryptocurrencies is the technology behind it. I strongly believe that that Blockchain can be a revolutionary future. We are just currently in the starting stages. And fortunately I feel we are early adopters of this technology.

There are also so many drawbacks as well that we have to agree. Since we are in beta stages, we have to be patient until this is stablized.

Also, at this point in time we should not be worrying about the price of cryptocurrencies. They will see lots of ups and downs. We will be able to gain good hold of it only if we hold it for a longer period of time.

Initially I was attracted towards Crypto currencies because of highly volatile.

It seem to be an easy money.

Decentralized technology is still new to the world. Its market penetration and adoption is still negligible.

With the passage of time as more and more people are aware of this technology, it is becoming more and more popular. 

Now even many countries has started accepting this as currency and many other are in the process of adopting.

So in future a more countries will jump into it and it will gain more trust of people. Its value will also increase.

and then I also attracted toward Steemit and then musing and I found it more interesting.

We can make some passive income through it without any investment.