Three Words: Dev Teams Suck

Cryptocurrency will be a possitive change in the coming future. Cryptocurrencies have intrinsic value and therefore, use of cryptocurrencies will lead to overall positive economic development in a medium to long-term perspective.

Some of the reason why I believe the Blockchain technology will change the way of transaction is the following.

Lack of central authority: a decentralized and transparent ledger would remove the need for middlemen to ensure that they received all their cut for delivering products and services.

A lack of central authority would remove the need for middlemen to ensure that they received all their cut for delivering products and services. Ability to track transactions from both end: with a decentralized ledger you would be able to track all transactions to both sides.

With a decentralized ledger you would be able to track all transactions to both sides. Peer to peer communication: the Blockchain allows for person-to-person communication which means that it would eliminate the middlemen by forming an interdependent network.

the Blockchain allows for person-to-person communication which means that it would eliminate the middlemen by forming an interdependent network. Ability to move in seconds: you could send money, say USD to your friend in the US and it would be processed and settled within seconds.

You could send money, say USD to your friend in the US and it would be processed and settled within seconds. Ability to use it in developing countries: as I mentioned before, there would be no need for money changers or the hassle of haggling and bargaining.

Cryptocurrency would revolutionize how businesses operate in developed countries as well as developing countries.

🏴‍☠️ It always seems impossible until it’s done. – Nelson Mandela

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