Banking corporations and digital currencies.

Geraldo Quilarquez
Nov 3 · 3 min read

It is no secret to anyone that the big banking corporations make gigantic efforts to curb the cryptocurrency trade worldwide, many are the countries that have put obstacles to their inhabitants so that they can use this method of commerce and for this they use the legitimization of capitals and the financing of terrorism as a weapon that aims to stop its use, as if the fiat money they use did not have this characteristic and was not used for such purposes, so understand that it is about power before anything else. Banking corporations see an enemy in cryptocurrencies because they are clear that their overcrowding would end their businesses and therefore they would have to migrate already established structures, platforms and businesses to this new way of buying goods and services, this would lead to investments and costs. that would reduce their income, apart from not being controllers of the digital money that coin holders have since one of their basic premises in which they are safer in my personal wallet than anywhere else, that is, people would not save their money the way they do it right now inside the banks.

From large banking corporations to Exchanges.

https://tradesatoshi.com/Balance

These large corporations would have to become cryptocurrency trading platforms and by this time many take the lead, there are consolidated Exchanges that have a large number of users who will remain loyal to them and migrate to another party is not planned in the Short time, here you can read an example of that loyalty https://medium.com/@Alvstickwats/my-way-how-to-earn-money-online-97a29d9d7e9f
It is clear that Binance, Coinbase, Bibox, Tradesatoshi etc. They are advanced in this race, I am getting big and small because they are the ones I use daily and I have confidence, everyone can use the one that best suits them. Returning to the issue, some governments are expected to see the use of cryptocurrencies as a salvation to their devalued official currency, while others pressured by these large capitals dedicated to banks intend to hinder their progress.

Working at home is the source of income for millions of people in the world.

In the homes of millions of people the income will come through work in the network and to operate in the most reliable and comfortable way will be the Exchanges and the commerce within them that will take the lead and their preference. Everyone will put their benefits on top of what they think will not do the same, here you can read about this particular https://www.reddit.com/user/Aysha2021/comments/dpy17e/tradesatoshi_the_house_for_my_coins/
If the cryptocurrencies are good or bad and will have acceptance in the future in a massive and forceful way about the fiat currency that is known in the different countries of the world I do not have to be the fortune teller, time will be the one who defines that, but I am sure that your growth in recent years has been vertiginous and more than expected by those who pointed to its disappearance

Geraldo Quilarquez

Written by

Autodidacta, pensador, escribo cuando el tiempo me libera de las ataduras citadinas, para donaciones en BTC 1Bq6iufmZPch7Km1XW1VWFCwNqY8qyuseK 😎

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