Good Side of Crypto
1. Decentralization: The main mantra of crypto is—"Be your own bank." There is no intermediary institution (like a bank) here. The ownership and control of your wallet remains solely in your hands.
2. Transparency: Due to blockchain technology, every transaction is recorded in a public ledger. No one can delete any information or commit fraud. This can be a powerful tool to reduce corruption.
3. Scarcity: The supply of many cryptocurrencies, like Bitcoin, is limited (for example, only 21 million). Even if the government wants, it cannot create new bitcoins at will. This is why it is called "digital gold," which acts as a shield against inflation.
