It has caught my attention that in these past few days there's been a lot of talk about crypto ownership increasing considerably in countries like Turkey, Argentina and Philippines where inflation and loss of trust in local currencies seem to be the trend.
As it turns out, I happen to live in Argentina and from my experience this trend has been quite noticeable at least since last year. Pretty much everyone I know has been showing concern about the safety of their savings and the lack of options available when storing value
Up until recently, most people would immediately and without thinking much about it buy US dollars with whatever surplus they managed to save from their income. However, due to ever increasing State imposed limitations and obvious concerns about the capacity of the dollar to maintain its value, we are seeing these obvious trends that news sites are commenting on and I can say that I have personally helped most of my family and friends to at least get acquainted with some of the basic concepts.
There's been a clear shift in my mind regarding the concept of cryptocurrencies from the moment I started exploring and experimenting up until today, and a lot of it has to do with gaining a better understanding of the reality and implications of the politics that rule our freedoms. When I started I was only thinking about profits, trying to understand the technology so I wouldn't lag behind, but now I think of it more as a platform to destabilize governments and banks across the globe. I honestly feel it is the only framework which provides a sensible alternative to these authoritarian States disguised as democracies, and the most powerful tool that we have as a global society to start building decentralized ways of organizing ourselves against these giants.
I feel it is my responsibility to make people aware of these trends and these technologies when they are being outspoken about their fears and their concerns. This is a matter that outgrows the subject of money and starts touching on our basic freedoms.
Nevertheless, my main issue is that most of the people who approach me with questions start getting a bit confused and absent minded when I try to explain some of the technical aspects, which I feel there's no way to overlook because it is necessary to have a basic functional knowledge of the whole thing if you want to start using the networks. And it only gets worse when you start explaining how many apps, sites, addresses and steps you have to go through to make a simple transaction. Keep in mind, we're not simply talking about the easy, comfy route of Bank > CEX > Bank, which is an option most people don't have access to in these third world country economies where Bank transactions and foreign currencies are pretty tightly regulated.
So, my question is, have you found more effective approaches to discussing crypto with people seeking guidance or contemplating their first crypto purchase?
I want to find ways to simplify explanations and bridge the knowledge gap, making it easier for newcomers to jump on board.
tl;dr: I feel responsible for raising awareness about crypto technologies among my peers, as they impact our fundamental freedoms. However, explaining the technical aspects can be challenging, and the complexity of transactions and regulations only make things worse. I'm curious if anyone has found more effective ways to discuss crypto and assist newcomers in their initial crypto purchases.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments