Every once in a while, the world is introduced to a revolutionary new thing that changes everything about the way we live and work and after some time, we feel astonished as to how we were managing all that time without said revolutionary things.

The last time something like that happened was when smartphones took over, bringing the power of the internet and lightning fast communications and services to the palm of the common folk. Before that, it was the introduction of internet into the mainstream that changed everything forever.

And before even that, it was the advent of pesonal computers into the mainstream that had such a huge change that it sort of gave humanity a detour to a path of much faster progress than ever before.

Now, it seems like humanity is on the cusp of yet another revolution, something that could rival the impact of the internet itself. If you're reading this, there's a high probability that you already know about it. Yes, I'm talking about cryptocurrencies.

Crypto - The Future of Money

We all know the multitude of problems with fiat money. There are tons of archaic laws attached to the use of fiat and many a times, to use our own money, we have to cross several hurdles that banks have put into place. I mean, that's crazy right? Banks are supposed to be just the custodians of our money, they do not own it.

Also, we all know what a huge pain it is when you need to send or receive money across borders. It costs way too much and requires way too much paperwork and government intervention.

With crypto, the power and control of our money, comes back to our hands and although there are only about 1% people in the world using it right now, in the future, the whole world might be using them in the decade to come. What would such a world look like?

We would be able to easily transfer our cryptocurrencies to others, whether in the same country or outside within minutes. With currencies like Steem, it would be totally free and lightning fast. Raising money would be so much easier and quicker compared to the traditional ways which would help an insane number of businesses sprout all over the world thanks to a global investor pool.

Since cryptocurrencies are on blockchains, the issue of trust would be no more which is one major issue right now. Frauds happen left and right when third parties are involved. Also, since third parties won't be involved in a lot of things, it would make things a lot cheaper as well.

Plus, there is an investment side to crypto as well. Since the beginning people have enjoyed returns that sound just impossible even though we know it's true. In the future, when the rest of the 99% people jump on board, one can imagine the returns that everyone would enjoy. It truly has the potential to make a lot of people a lot more well off!