Money is not previous, as shown by the continuous rise of various cryptocurrency galaxies that coexist alongside the Fiat -based currency distributed by the government. Of course, if you buy products and services in the real world, there is nothing to replace cold hard cache. Therefore, the main media of value exchange will not be gone.
But in the near future, just a few years later, there is enough reason to believe that there is a wider idea of what you are really doing compared to today’s ideas. Let me explain the three cryptocurrencies that symbolize these changes.
With bitcoin (Crypto: BTC) The prompt reputation of “digital gold” is a cement that is changing to reduce the number of money in a more fluid and physical object. This is a perfect example.
Most people point out physical money as valuable stores. It is glossy and rare, and aside from mining and sophisticated efforts, many applications are not only produced as metal, but also produces more chirse items such as jewelry. It will be useful. In addition, it is considered worthwhile in many different cultures and times, so it has a very long history, so it has a reputation for maintaining purchasing power over time.
At a general market price, the global market capitalization of about $ 2,751 per ounce is about $ 18.4 trillion. Currently, the market capitalization of bitcoin is nearly $ 2.1 trillion.
By the way, please look at this chart:
Bitcoin price data by YCharts
Do you know where this is heading?
The market capitalization of bitcoin may probably be much larger if you turn it with money at some point. That doesn’t mean that money is worthless. It means that the higher convenience of bitcoin as a valuable store is a higher demand.
Take -out here is not to sell money. To buy bitcoin. Ultimately, it grows slowly like a gold price, and keeps value for long -term purposes, rather than increasing like a more typical portfolio investment.
Sorana (Cryptography: Sol) There are also many things to teach investors what money is. This chain is useful for everything, from distributed finance (Defi) to inappropriate tokens (NFTS), guessing of Makein, and dating other blockchain via bridging services.
Therefore, it is useful as a medium for relocation media and value storage between parties, and can be consumed directly to acquire utility in various ways. These functions are mainly shared with conventional currency, especially gold. But there is more.
The story will continue
By investing in Meme Coins, SOLANA HOLDERS will send a signal on which ideas (Mames) will be more valuable, acceptable, and accepted in the future. This information is at least frivolous so far, but does not always mean that.
In addition, the holder can use Solana’s Meme Coins to inform others of his identity and affiliation. After all, people probably don’t want to invest in Memcoin, which represents the value of colliding with themselves. It is a completely new addition to the concept of what money is, and it is starting to bloom now.
Buying a Solana is a decent way to get an upward exposure from this trend.
Dogecoin (Crypto: DOGE) This is the last example of explaining the potential of money. At a superficial level, dogcoin is simply the first Memcoin that makes it bigger, but its continuous survival has a deep meaning.
For most people, it is not essentially fun to hold dollar bills in your wallet or have cash on investment accounts. Most of the fun value of money is derived from what you are enjoying and the ability to provide experience. And it can be fun to make a great profit with speculative investment, but more people tend to be nauseated if they have a high risk of experiencing volatility and loss.
However, if you talk to Dogecoin investors recently, you can see the faint light of the idea that money can be essentially fun. At the same time, there is a possibility of a large Wind (or loss). If you make or consume a stupid mystery about Dogecoin, you won’t be very well unless you have vested interests in rising prices. However, if you have a lot of dougen tokens in your wallet, it may be very interesting in a way that seems to be inexpensive to other people who are not invested.
In essence, Dogecoin is evidence that in the near future, the concept of money may be considered as accompanied by investment, as the concept of money will be mediated by the potential of great profits. In other words, look forward to the choice of simply grasping money and where to invest.
Take it home? Those who can control their emotions and focus for a long time will benefit.
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Alex Caltidi has a position to Bitcoin and Solana. Motley fools are recommended to work in Bitcoin and Solana. Motley fools have a disclosure policy.
These three cryptocurrencies were able to predict the future of money.
