Turn on the news today or read on the internet, and you will find something about crypto. In the short twelve-plus years crypto has been around, it has become part of the stock market experience and the subject of its own trading exchanges. However, there is much more than meets the eye when it comes to today’s leading cryptocurrency. This guide helps you appreciate all the incredible benefits and uses of cryptocurrency.
Great For International Payments
With the world seemingly at our fingertips thanks to the internet, you might find it hard to believe, but it might still be difficult to make international transactions in some cases. Many credit cards might consider it fraud and might flag those transactions. Also, not all the major e-wallets are always accepted. However, cryptocurrency is usually the answer. Enjoy anonymity, assurance, and next-to-no transaction fees for your international purchases.
Works Well in the Real Estate Field
Believe it or not, cryptocurrency is becoming a bigger factor in the real estate world. Due to the nature of blockchain, privacy is invaluable for real estate agents and buyers. Through the smart contracts, it is possible to transfer real estate ownership while remaining anonymous in the process.
In addition, cryptocurrency opens the door to multiple real estate owners. It also makes accessing liquidity easier to access on the blockchain network or through one of the exchanges. This process can also happen Internationally.
A Vessel for Universal Basic Income
As we deal with these incredibly extraordinary inflationary times, more cities and even countries continue to experiment with universal basic income. To avoid printing more money and thus adding to inflation, cryptocurrency is becoming the new backbone for funding and fueling universal basic income.
And because there’s no need to go through traditional financial institutions, it cuts out bureaucrats and other opposition, streamlining it to those who are in real need of the income assistance. Without having to worry about loads or costly transaction fees, the crypto UBI can reach the intended target anywhere in the world. Because it requires a certified blockchain wallet to use, the intended target is guaranteed to get the funds without the hassle of fraud.
A Great Way for Crowdfunding
There’s no doubt that being part of the social media era has opened the door to more connections, including funding. With so many startups and other community campaigns needing funds, not everyone feels comfortable donating in the open. However, with crypto, those who donate can feel good about themselves while remaining anonymous doing so.
Cryptocurrency has become so involved in crowdfunding that it has its own category, Initial Coin Offerings.
An Alternative to iGaming
In the past twelve years, the American iGaming scene has exploded beyond measure. While the promise of winning impressive jackpots is a major calling card, you must make a deposit to have a shot. Because some financial institutions and credit card companies don’t approve of online casinos, they mark these as fraud.
However, the top sites are now adjusting to having crypto, including Bitcoin Cash, to get into the game. Safe, anonymous, and 100% legal, iGaming players can make instant deposits on their web browser or on traditional or sweepstakes apps. For instant payouts, these top online casinos also involve cryptocurrencies to even receive winnings in that hour.
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