01-12-2022, 04:11 AM
People don't want to hear this, but we're investing in crypto so we can have more mo
<!-- SC_OFF --><div class="md"><p>As much as you love the technology behind cryptocurrencies and various projects, 99% of people are here for money.</p> <p>And as much as they are supporters of cryptocurrencies, 99% of people do it to have more money in fiat currencies so they can achieve their goals.</p> <p>When trading with cryptocurrencies, we compare their value with the euro, dollar, pound, etc. Currently we are comparing the value of everything to our current fiat price.</p> <p>An international financial system such as crypto takes time to adapt and I can only imagine what awaits us in the future, but I belive that even then we will still compare value with traditional currencies.</p> <p>The main goal of crypto is decentralization. We all want it, yet when we take profit we take it from centralized place. Stablecoins are backed by traditional currencies, which are again centralized.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s1k62t/people_dont_want_to_hear_this_but_were_investing/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s1k62t/people_dont_want_to_hear_this_but_were_investing/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>As much as you love the technology behind cryptocurrencies and various projects, 99% of people are here for money.</p> <p>And as much as they are supporters of cryptocurrencies, 99% of people do it to have more money in fiat currencies so they can achieve their goals.</p> <p>When trading with cryptocurrencies, we compare their value with the euro, dollar, pound, etc. Currently we are comparing the value of everything to our current fiat price.</p> <p>An international financial system such as crypto takes time to adapt and I can only imagine what awaits us in the future, but I belive that even then we will still compare value with traditional currencies.</p> <p>The main goal of crypto is decentralization. We all want it, yet when we take profit we take it from centralized place. Stablecoins are backed by traditional currencies, which are again centralized.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/UnexperiencedIT"> /u/UnexperiencedIT </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s1k62t/people_dont_want_to_hear_this_but_were_investing/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s1k62t/people_dont_want_to_hear_this_but_were_investing/">[comments]</a></span>Kind Regards R