ABSTRACT
With the unprecedented rise of cryptocurrencies and blockchain technology, new opportunities are arising in the field of investment. As the traditional type of economy is reshaping its form, the money will flow into cryptocurrencies, either for the speculative purposes of gaining capital profit or by supporting projects that are built on decentralised platforms. Importantly, individual investors with little knowledge of cryptocurrency content do not want to miss opportunities.
INTRODUCTION
The economic model that many governments in the world deploy as we know, are heavily flawed. The citizens are made to pay the price for something that is beyond their control. The citizens on the other hand prior to cryptocurrencies, do not have much of a choice but to continue using the legal tender provided by the government. No real information is provided to them about the total supply, deflationary or inflationary figures and even the validity of the statistics provided by the governments are in question.
People on the other hand; contribute to the economy of a country, by using the country specific currency in their daily trades. Without the daily trades, there is no real value of the currency. Questions should also be asked if any governments are backing the currencies with any real assets like gold which used to be the case.
Tracto
