The cryptocurrency market has had a phenomenal decade. It went from something 90% of the population have never heard of, to something that radically changed the world’s economic landscape. The changes crytptocurrencies brought however, are a notion that the future of currencies does not lie in fiat.

The cryptocurrency market has had a phenomenal decade

People are massively investing into many cryptocurrencies because the majority of the world is now aware of the massive flaws of the current financial structure. Fiat currencies have unquestionable failed to withstand the test of time as every single fiat currency in existence without exceptions has lost its value overtime to the point it reached hyperinflation.

investing into many cryptocurrencies

The United States dollar for instance, has lost more than 90% of its value in the last 100 years. This means the purchasing power of US citizens has decreased by the same amount in just one century. Now, the fiat currency itself is not responsible for the lost value. The central banks and corrupt leadership however, have managed to drive the once mighty currency to its knees via endless money printing and debt.

The United States dollar for instance, has lost more than 90% of its value in the last 100 years

The debt pyramid schemes, which include everything from student loans to medical care and pension plans are the primary reason why so many people began investing into cryptocurrency. Before, people had a few alternatives, but they were mostly stocks, bonds and precious metals. Most of these are quite expensive and will almost never fast and large gains.

The debt pyramid schemes

This all changed when cryptocurrencies came into the scene. Fortunes were being made overnight and just as much money was lost on bad decisions. Due to the markets’ extreme volatility, many people tried their luck and still do to this day. With the countless opportunities cryptocurrencies offer, they are without a doubt the monetary system of the future. Mass adoption however, is still far away.

his all changed when cryptocurrencies came into the scene