Vyb_pobstreet: WHAT ARE THE NEXT CHALLENGE CRYPTO HAVE TO OVERCOME

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(Edited)

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A great privilege again today from #pob_vybstreet of @onealfa and @insight.pob to use the pob_vyb hashtag to write a content as anyone can do that also with thier permission.

  • Cryptocurrency has been existing for about 14 years now with a very exciting market cap of over 2 trillion dollars now beating many top companies that have existed for the decades and so popular to the extent that it is a threat to Fiat,government money,GOLD, CURRENCIES, STOCK market etc.. but the real truth is that it is not a threat to any of this listed but it is a freedom, giving freedom to everybody by it power of decentralization(we can see that in this war of Russia and Ukraine giving people power to support Ukraine) what gold and currencies couldn't achieve in many years.

THE SOLUTIONS CRYPTOCURRENCY HAS PRODUCED TO HUMAN KIND

  • Cryptocurrency has Unite Nations and Unite people of different nations together:
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    Many people won't to believe this and I am a Nigerian with a easy access to communicate with @onealfa(in Lithuania),@trostparadox(in USA),@vempromundo(in Brazil),@vikbuddy(maybe India) and so many people I have met from different crypto projects and even help them in some things even without seeing each other and knowing each other.
    I have been a moderator of many projects with a good relationship with people of different race(European,Asian,African). Internet have tried a lot to make this happen and many people have it in dream , many great people including religion have it in dream to unite people together and now cryptocurrency are fulfilled it.
    Cryptocurrency has brought connections between us all and a great unity (SEE UKRAINE CRYPTO DONATIONS).
  • Cryptocurrency has brought equity and equality to every one irrespective of who you are:
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yes they are still many great people in this cryptospace like vitalik buterin,cz binance but what differentiate those great people from ordinary people in this cryptospace is not because of what they are but because of the knowledge they have.
Cz binance has nothing and was nothing but just a ordinary workerand the power of cryptocurrency have brought them to the same level of great people and within just a few years and likewise cryptocurrency can make us too great in short term because we too can explore anything we wish in crypto.
It give us opportunity to become what you wish to become and all we need to do is to be creative.
In crypto space no matter how rich the person is if you first that person to invest in a project that the person invest after you are ahead. This is called equality.

what next do crypto has to do

What are the next for crypto to do before dominating the world finally

  1. BEING A LEGAL TENDER:
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THE LIST OF CRYPTO BEEN ALLEGED THAT TENDER BEGINS TODAY. Ukraine russia war has revealed that cryptocurrency gonna be need legal tender is something that will happen anytime from now.
This is why I'm bullish about cryptocurrency.
Many use case has been created to solve human problem.for example using blockchain to donate and for election is a great help for humans.
Electronics being controlled by blockchain too.

  1. ERADICATING SCAMS ALL IN THE NAME OF DECENTRALIZATION:
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    THIS IS A VERY COMPLEX ONE. Many crypto issue lately related scams like rugpulling, many scammers come out to impersonate Ukraine and I've scammed many people all in the name of donating.
    There are still many fake project out there that are waiting to rugpull investors and take their money away.
    Many fake fraud nft market place and many play to earn game that are Ponzi scheme too.

There are some projects that are now being developed to solve just a very little of this and this is one of the obstacle cryptocurrency has to overcome before being a greatest hero invented.

Thanks for reading my post
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38 comments
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Honestly you have successfully do well when it comes things that Cryptocurrency needs to overcome, seeing you talk about legal tender and eradicating scam too us one essential and paramount thing that needs to be dealt with too

But on the other way round I also think it stability is very important,so as to give it the best means of operation without any form of inflation too

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Scams using Ukraine to scam are everywhere with fake wallet address.
This is not crypto fault but it's individuals using cryptocurrency.

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Creating of scam coin can be controlled.
Verasity detecting fake nfts is a good example and many good project coming that will spot fake projects.

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what gold and currencies couldn't achieve in many years.

How would gold achieve this.
It's physicallity,it's slow transactions tps,😂😂😂
Fiat with very low network and too high charges.
Blockchain solved it all

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Many people won't to believe this and I am a Nigerian with a easy access to communicate with people of other countries

Even people of different countries are assisting eachother. Blockchain connect us all

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Cryptocurrency has created a lot of job opportunities intercountries and intercontinent across the world.

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Here in hive and vyb looking for moderator and would receive a delegation of pob and vyb.
This is a good example of what you are talking about

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I became a moderator but I don't have what it takes to continue being a moderator in vyb and pob so it's difficult for me

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This is why I didn't start.
I don't start what I won't finish even though I wished for it alot

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When would cryptocurrency become a legal tender?

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Expecting this news of cryptocurrencies to be fully legalised eradicateing fiat currency since over two years with every news so similar.

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great countries and organisations focusing on cryptocurrency like microstrategy,tesla,el salvador all in supply of bitcoin and publicly buying made me expect this news.

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the day the news will he announced i will be the happiest mwn on earth that day qnd i hope soon.

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Do you know why its not yet being legalised publicly?

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ukraine already accepted cryptocurrency as a donation.
then what's left for cryptocurrency to be announced as a legal tender?

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It looks like there are a lot of Brazilian in pob Community and nigerain too
This is great one.
Uniting people of different nations

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Cryptocurrency create a very good means of help.

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Even ethereum uniswap create a new Dex or modernized thier Dex for easy donation to ukraine

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When something like this more happens from now it will be on crypto favour instead of the otherwise

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Block chain can be done from very far distance in which the distance don't affect it.
Gold life in the ancient they would be very very hard during the time of war

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I went on my research on verasity
It's a proof of view but has not carried out the plan of detecting fake marketplace

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Scam is what can't be eradicated because crypto is not scam.
It's the people using crypto to scam.
Scam has been before cryptocurrency since history

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So is there a way of cryptocurrency eradicating scam?

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ETHERUEUM has made donation easy by adding it to uniswap Dex of swapping your coin to Ukraine donation wallet directly.
To reduce scam this is great

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U can use uniswap Dex to donate to Ukraine

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it is a freedom, giving freedom to everybody by it power of decentralization(

The war of Ukraine would have caused Ukraine to be wiped by Russia but the people stand with Ukraine and donated millions by crypto.
I just love this story

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Freedom to be rich but this with the more you have knowledge and informations

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play to earn game that are Ponzi scheme too.

This is why I don't deal with p2e.
It's full of Ponzi scheme

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Players do earn and rig the investors like Axieinfirnity and slp or earn from new players

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This is related to my new content I just create

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Many changes are still available to any playtoearn game forever.
So there is still chance for thier improvement

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Am proud of my content and am proud of cryptocurrency.
.

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Being part of the early ones to own a crypto is a joy to me.
Holding what is going to change the world, holding what the futures of everything

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We are still early all
Am happy about that too.
Being early do not guarantee anything too much but requires knowledge and luck

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Thanks for the mention, i will be always here for listen and learn from you guys

All of you means a lot to me

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You are part of the most known person in pob Community.
Promoting engagement in pob and vyb Community so you are someone who can't be ignored

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