Bitcoin is a technology that revolutionized the monetary system and made finance inclusive. But it needs you to fulfil its goal.
This article is for those who own bitcoin or other cryptocurrencies and advocate their usages.
What does everybody have in common in our world today? No matter where you are born, where you live, what is your religion, what your caste is, which tribe you belong to, what is your profession, or your nationality, money is common to everyone. We use the money to buy food, for travelling, to go to schools and universities, to build homes, to buy cars, to buy tickets for our favourite movie, to build cities and towns. Any activity we can think of today is done using money. Money pushes the human race forward, fuels wars yet bring peace, challenges communities, yet brings power and accelerates innovation. Now, we are converting our hard cash into mere ones and zeros that exist on the Internet.
Bitcoin: The money concept with only ones and zeros
You have heard of bitcoin or cryptocurrency, it’s been everywhere from TV channels to social media, from WhatsApp chat to strangers talking about it in restaurants and parks. You might already have owned some bitcoin or other cryptocurrency. You know crypto is the future, you understand its potential, you understand that bitcoin is a groundbreaking innovation. You know for the fact that bitcoin is purely digital and is one of the greatest monetary inventions in human history or like many others, you know bitcoin as an investment vehicle to gain profit from.
While there are countless amazing prospects of bitcoin and cryptos, not every person likes the bitcoin idea, especially the big banks, institutions, and governments. They have every reason to shun and worry about bitcoin and cryptos because bitcoin is a threat to the traditional monetary system. Not everybody likes innovation, especially when it threatens your existing system.
Yet, for the first time in history bitcoin gives the freedom to own your wealth wholly, giving you complete control over your money. Today, without any intermediaries, you can send and receive money from across the world at absolutely zero charges, to anyone, anywhere, and at any time.
Not everybody likes innovation, especially when it threatens your existing system
If you look at the most successful companies in the world today, what do you notice? From Google to Facebook, Amazon to Netflix, Uber to Tesla, Microsoft to Apple, they all have one thing in common: disruptive innovation. Their innovation disrupted existing systems and business. Google disrupted the encyclopedia, Amazon disrupted retails, Facebook disrupted media, Uber disrupted taxi commutes and like all these, bitcoin is now disrupting the existing monetary system like banks, and financial institutions. Across the world, to save their business, banks and institutions are trying to spread fear, uncertainty, and doubt to the minds of the public, often taking government help to ban bitcoin and cryptos, making tougher regulations. Policies are made to stop the bitcoin revolution, laws are ordered to track down bitcoin activities, lies are spread that bitcoin is a scam, that bitcoin uses too much energy which is not environment friendly. Yet, people are recognising that these are nothing but lies again and again.
Nothing can stop bitcoin and cryptocurrency
At the end of the day, nothing can stop bitcoin and cryptocurrency. Our technology is built and designed in such a way that no government, no corporation, no country, or no individual can take control of it. The architecture is decentralized, distributed, and open-source meaning anybody can access its source code and verify himself. So what can you do today to advocate this innovation and help bitcoin reach everyone who needs it? You can potentially do the following to help bitcoin and cryptocurrency reach the people who deserve it.
Learn the core principles and don’t spread false information:
The first and the best way to advocate for bitcoin is to learn about it, explore and understand the wonderful innovation this technology brings. Also, learn about the monetary system, how your banks work, how your money is created, and how it is distributed. Once you know the working of the monetary system you will understand why bitcoin is important and why we need it.
Don’t trust, verify:
Today we are living in the social media world, filled with information everywhere we go. Content is created every second on social media and the internet, you are consuming data more than ever before. You have every information you need at your fingertips, more than the US president had 50 years ago. Because of too much information, lies can be spread easily, attacks can happen at any moment and especially in the finance world, scams can happen easily. So, don’t trust, verify your source.
Don’t over-promise, bitcoin is not a get-rich-quick scheme
Seeing the gain and profits people are making in the crypto space, oftentimes you are over-promised with huge profits in a short time. You must know that bitcoin and crypto is not a get-rich-quick scheme, though bitcoin and crypto give you more return than the traditional stock market, it takes its own time. So whenever you share about bitcoin and crypto to anyone, don’t over-promise them about the profits and gain, the market can overturn in a matter of hours that leads to huge losses. “Do your own research” should be your message when you talk about crypto.
Follow the industry and crypto personalities
The best way to know about any updates, movements, and the happenings around bitcoin and crypto is by following industry leaders and personalities. But again remember, verify and know whom you are following. Grasp and validate their ideas and thoughts about the industry, amplify their message and support the community.
Start small, with friends and families
It does matter whether the institutions and banks like bitcoin or not, once the people adopt bitcoin as their new monetary system they will have no choice but to accept it. The best and the simplest way is to share the story of bitcoin with your friends and families. Share the amazing potential bitcoin will bring for the future, include them in your financial journey, and most importantly share your wealth as humans.
Today the inequality gap is widening more than ever before. More than half of the world’s wealth is owned by just the top 1 percent of the richest people. On one corner, billionaires are going to space, yet on the other corner, millions if not a billions people are dying out of hunger. All these are not because of the rich people. They have nothing to do with income inequality, but it is all because of the inefficient monetary system we have. Bitcoin’s goal is to bring financial inclusivity to everyone in the world. Unocoin: India’s first and most secure crypto exchange aimed to bring bitcoin to billions of Indians thereby facilitating a modern financial system for everyone in need. Every step and action you take can help someone to participate in the modern financial system.
Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.
Love Crypto Coins. Love Unocoin.
Please find the list of authentic Unocoin accounts for all your queries below:
- YouTube Channel: https://www.youtube.com/c/Unocoin/videos
- Newsletter: https://medium.com/subscribe/@Unocoin_growth
- Blogs: https://blog.unocoin.com
- Instagram: https://www.instagram.com/unocoin/
- Twitter: https://twitter.com/Unocoin
- Facebook: https://www.facebook.com/unocoin/
- LinkedIn: https://in.linkedin.com/company/unocoin
- Telegram Group: https://t.me/Unocoin_Group
- Telegram Channel: https://t.me/+fasQhTKBsfA5N2Zl
- Telegram: https://t.me/UnocoinSupport_Bot
- E-mail id: [email protected]
- Contact details: 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat)
- App store link: https://apps.apple.com/us/app/unocoin/id1030422972?ls=1
- Playstore link: https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet
Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).