Why Cryptocurrency is the Future of Finance?

Cryptocurrencies are the first alternative to the traditional banking system, offering powerful advantages over previous payment methods and traditional asset classes. Think of them as Money 2.0. A new type of cash unique to the internet, which makes them potentially the fastest, easiest, cheapest, most secure, and most ubiquitous way to transact value the world has ever seen.

Cryptocurrencies can be used to purchase goods or services, or as part of an investment strategy, but they cannot be manipulated by any central authority, because there is no central authority. No matter what happens to the government, your cryptocurrency will remain safe.

Digital currencies offer equal opportunity regardless of where you were born or where you live. As long as you have a smartphone or other internet-connected device, you have the same access to cryptocurrency as everyone else.

Cryptocurrencies create a unique opportunity to expand people’s global economic freedom. The essentially borderless nature of digital currencies promotes free trade, even in countries where governments have tight control over citizens’ finances. In areas where inflation is a serious problem, cryptocurrencies can provide an alternative to dysfunctional fiat currencies for savings and payments.

Cryptocurrencies can be used in a variety of ways as part of a broader investment strategy. One approach is to buy and hold cryptocurrencies like Bitcoin, which has skyrocketed from nearly worthless in 2008 to thousands of dollars a coin today. Another strategy is a more aggressive one, buying and selling volatile cryptocurrencies.

Investors curious about cryptocurrencies can minimize their investment risk by choosing USD Coin (USDC), which is pegged 1:1 to the value of the U.S. dollar. USDC has the advantages of cryptocurrencies, including fast and cheap international money transfers, with the stability of traditional currencies. Coinbase customers who hold USDC will receive rewards, making it an attractive alternative to traditional savings accounts.

No matter where you were born or where you live, digital currencies offer equal opportunity.