Cryptocurrency is the future, and here’s why…

While the world has been rapidly evolving and advancing since the industrial revolution, some things have gone untouched and completely controlled by central governance. An example of this is fiat currency, which is the dollar, euro, or any other central currency. For example, long ago in the United States, the dollar was no longer backed by gold. The government controls the supply, interest rates, inflation, etc. At this point, the US dollar is nothing more than paper being printed at will by the government. The traditional finance industry as a whole has grown outdated and ruled by an outdated elitist minority. This created the need for something new. Finance needed to catch up to the digital revolution that has been happening around the world. We also needed to take back control of our assets and find more secure and transparent methods. Cryptocurrency and the blockchain offered the first and best solution to these issues, and went on to create brand new industries and the emergence of NFTs as we’ve talked about many times here.

We sat down with former hedge fund manager and now cryptocurrency expert, influencer,  investor and public office candidate, “ CryptoCasz ” (https://twitter.com/CryptoCasz ). CryptoCasz explains that there was an absolute need for transparent, secure, and accessible financial systems. He says that the current centralized financial systems continue to fail & eliminate the people’s freedom. Instead, he says, decentralized finance & DeFi systems & networks offer more transparency, efficiency, transactional security, and will ultimately replace most conventional financial processes.

DeFi is said to be quickly gaining traction in investing, trading, borrowing, and lending that catalyze a revolution in today’s financial services. The increase in demand and accessibility of cryptocurrency exchanges are increasingly raising the popularity of different DeFi systems worldwide. Along with it, cryptocurrency exchanges have become well-known with investors too.

It’s no surprise that we’re beginning to see entire countries adopt bitcoin as a national currency, the United States beginning to move towards regulation, and the overall mass adoption of technologies revolving around crypto such as NFTs and blockchain technology.

To continue to push changes to financial systems as they’re known today, a mass adoption simply must take place which will inevitably happen. Until then, we continue to watch DeFi created on public blockchains become a more and more viable alternative to financial system, offering more access and freedom than ever before. The mere ability for anyone at any point and anywhere to connect to it while it also offering total transparency, will be a catalyst in this major shift coming soon.

CryptoCasz says that the history of cryptocurrency is very telling on what stake it holds in the future of finance. He believes that blockchain technology will completely disrupt the conventional financial systems which currently require a trusted third party to verify and authorize transactions. CryptoCasz explains that as this technology continues to develop, more sectors will acknowledge and accept cryptocurrency as a viable financial system. This is actually much of the reason behind CryptoCasz running for public office, believing he can help be a catalyst in this change by having a further reaching voice through political activism. Cryptocurrency could very well become the new conventional financial system in the future. The great news is, if you’re reading this now, then you are very early, and you’ll be present of huge opportunities that will come. This could very well be an incredible transfer of wealth coming, rewarding those that are early and execute wisely.