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NewsBTC 2022-09-19 12:49:37

Cryptocurrency Continues to Enter The Mainstream, But Education Remains a Barrier

Cryptocurrency was designed to empower people by giving back their financial power and allowing them to avoid relying on governments and banks. Since its infancy, cryptocurrency has disrupted traditional financial services, including governments, central banks, and venture capitalists. Cryptocurrency is generally decentralized in nature, meaning any single person or entity does not control it. The technology’s decentralized nature has allowed it to revolutionize the finance world through its unparalleled transparency, immutability, and security. As a result, it is rapidly making its way into the mainstream. As it continues to evolve, more countries have legalized cryptocurrency, with some declaring it legal tender. However, the technology doesn’t show any signs of slowing down either, with analysts projecting that the cryptocurrency market will be three times as large by 2030, estimating a valuation of around $5 trillion. Despite the rapid mainstream adoption of the technology, due to the sector’s lack of regulation and inherent volatility, many people still haven’t entered the space. However, despite the setbacks, countries like Columbia and Venezuela have started to use it for business purposes. Like any new technology, the lack of education around cryptocurrency is a huge barrier preventing people from getting involved, and while there are several educational platforms, there’s still a need for a holistic educational tool t...

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