Whenever a transaction to happen, it must have to go through a lot of unnecessary procedure. Those procedure making the transition difficult was a major barrier and third party intervention is unbearable. But by using crypto, it could be reduced. The amount of time and transactions. We love simple and time saving methods. With the universality of cryptos, it is even enticing to use it. Manipulation through monetary power now becoming fragile. Which is a kind of threat of the governing authority. Because the amount of wealth that these authorities are making contributes a significant growth. The growth of GDP by taxing the transaction is a very good example. Even in third world countries the main problem people face is their own currency which is weak and less in demand. Even when they earn lot of it, considerable amount of time is needed to convert the currency when doing large scale business. That is not soothing at all. With dollar dominant over the world, its demand as well as price is storing. Although it belongs to one country, its universality did greater good to America several times in several ways. One country getting all the incentives while others play. But with cryptos with no dominance, the benefit is direct to the users. This is promising and makes sense.
Nostalgic has its own stand regardless of the age we stand in. In retrospect, we could see a lot of things that made us emotionally attached and then went far. But when we think of it, it reminds us of the things we enjoyed or experienced. There are a lot of ways we can actually make those emotionally attached things or moments with us. With the help of technology, we can even declare ownership. That may sound crazy and stupid. When everything is going digital, then why not the digital product itself cannot have this ownership. That is the only concern among some people about keeping their digital lifestyle memory ownership. But now there is nothing to worry about. With Blockchain we can create the digital age ownership to anything digital. NFTs are at the early stages of their digital ownership ventures. We can make those really important things more important and close to ourselves with the help of NFTs. Only a few people are making well use of this technology. By few people, I ...
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