#AtentionHereBinanceColega👇🏻😎 In developed countries, cryptocurrencies are often seen as a risky asset class for speculation. But elsewhere, they are a lifeline. Your perspective depends on your geography.
🔸 The Dichotomy:
Cryptocurrencies from the First World are an investment direction. People trade to buy a second car or diversify portfolios.
The Developing World in countries with hyperinflation, cryptocurrencies are Survival.
Citizens use USDT/BTC to protect their wealth from currencies that devalue by 50% annually, or for remittances with fees 10 times cheaper than.
🔸 Banking for the Unbanked:
More than 1.7 billion people lack bank accounts because they are too poor or remote.
Cryptocurrencies allow anyone with a smartphone and Internet to join the global economy: receive salaries, pay bills, and DeFi without complex identification requirements.
🔹 Speculation is not entirely bad. Speculation funds R&D for infrastructure, making transactions cheaper and faster, which eventually allows for real-world utility. Speculation is the hook, utility is the future.
Do you see cryptocurrencies through the lens of a speculator seeking profits, or as an observer witnessing the macro change it brings to the disadvantaged?
News is for reference, not for investment advice. Please read carefully before making a decision BinanceColega!! 👊🏻😎
