When dominance ceases

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.

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