We all have heard about cryptos and Elon musk tweets. But what will be your reaction when you get to know that countries like CHINA and IRAN are mining bitcoins and making a profit of more than 2 billion dollars per year. Most of the developed countries around the world have accepted cryptocurrency as a new medium of assets and transactions which require no exchange rates. Even countries which are below INDIA are also taking part in crypto evolution.

So there will be a question in your mind that why a country like INDIA is lacking behind in this era?

So the answer for this question will be lack of knowledge because as you know only 3.7% of the total population of INDIA invest in stock-market and gain wealth. Most people either think that the stock market is a fraud or scam due to the fact that they lack knowledge or have lost their money in wrong investments.

One more specific reason is that our government, entrepreneurs and politicians do not allow the people of India to control the money because they can control and regulate the paper currency like dollar and rupees but in case of cryptocurrency it’s transparent so people don’t need to have a regulating body. The very advantages of cryptocurrency is that it is very fast , secure and very important there is no need for exchange rates.

The regulating body working in INDIA is not up to the point, here in INDIA the economics specialists do not educate people regarding cryptos. Either  we do not support crypto markets and miners or just apply heavy taxes on crypto without the proper implementations ,regulations and rules. 

As in this era the meaning of assets are changing completely because in the beginning the assets were land,  food, house, to digital assets,NFT’s. We always dream of working in developed countries and earn in foreign currencies but we should think about working in our country and earn the same currency which others are earning in the foreign land.

This crypto era is an indication that either we adapt now and emerge as the new super power or be conservative and follow other countries' policies to rule us like when Britishers did.

Guys today we don’t need any regulating body or a centralized  regulating body which controls us. Now this generation where we live we want an independent freelanced body which gives the power to the people and lets them enjoy their freedom.

Now even investors and entrepreneurs like ROBERT KIYOSAKI have given a statement that “ cryptocurrency will replace the traditional currency in the future very soon “.

so guys please start taking investments seriously and be free from this rat - race.