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Cryptocurrency: A Unique Find

What do you need to do to have normalcy in your lives? Why is it that you have to always depend upon others for survival? Will we ever be able to live the lifestyle that we desire to have?

These are some of the questions that have been asked since ages but, until now, there has been no satisfactory answer given nor any definitive conclusion that has been reached through many an argument and debate.

It is a known fact there times have changed (for better or worse is anyone’s guess) and the one that has passed shall never come back. Be that as it may, the problems and difficulties that we are facing is the same.

There can be no doubt that the world economy has stabilized to a certain extent and mankind has made great strides in various fields whether it is art, science, entertainment, space etc.

However, with all these positive news, the negative ones too are aplenty and probably way ahead of joyous tidings. The most prominent among the ones is corruption.

The planet Earth is divided in various parts, sets and subsets. It has seven continents to its name:

  1. Asia
  2. Antarctica
  3. South America
  4. Europe
  5. North America
  6. Africa
  7. Australia

It is also occupied by five oceans:

  1. Pacific Ocean
  2. Arctic Ocean
  3. Atlantic Ocean
  4. Indian Ocean
  5. Southern Ocean

Until now, it is the only planet, out of nine, that can boast of having life in it, occupied by living beings. The continents have different countries to their name and most of them are run by the federal government.

But the problem is that the government is headed by political parties that all have their own agenda on how to take care of the people and cater to their needs. Politicians, almost all of them, have the good fortune of having the throne to their name and the reins of the country (as the fate of the citizens) in their hands.

They do this by exploiting the simplicity and innocence of people with the promises of providing better government with welfare schemes, healthcare, economy and infrastructure facilities and also claim to wipe out corruption from the country for good and numerous other fallacies.

The poor citizens, believing them to be their saviors sent by god, take in their bluff and vote them into power, following which the so called angels start showing their true colors and prove to be more devious, cold hearted and corrupt than the previous governments.

This process has been going on for a long time and there seems to be no end to such a problem, what with the regular practice of freebies rendering the citizens themselves with becoming weak willed and negative, with laziness getting the better of them that they become entirely dependent on the government for their needs.

They lose the will to work and think independently, along with becoming corrupt in their thinking process and their deeds. Corruption is like that termite or woodlouse that has eaten up the countries to a large extent.

Corruption is the cancer in the human body which will destroy it completely if not treated and eliminated on time

Then came the new millennium, the 21st century, and the digital revolution took the world by storm and swept everyone of their feet with social media playing the most prominent role in rendering print and electronic media obsolete and things of the past.

Also, this was the time when crypto-currency (read digital currency) came into being with a hope and ambition of providing better career opportunities for the people and also help changing their lives for the better.

Crypto-currency has many examples like bitcoin, litecoin, ethereum, ripples, bitcoin cash and others. It is bitcoin that became the most popular of the lot and seen as a step in the right direction.

It can be called as the fintech disruptor of technology oder so say (read or so they say). Here are some points that prove it to be so:

  1. The bitcoins are such that are seen as difficult to duplicate or manipulate as it does not have any financial institution to its name.
  2. The currency keeps a check on price fluctuation
  3. It plays a similar role in digitization as gold does in economy as a whole.
Jim

The author Jim

Jim Cooper loves to write absorbing articles and he started this site to share his views with the world. He believes that in this age of information writers like him have the responsibility to stand as an accountable source.