Positive Impacts Of Crypto Socially

Crypto currency is known as the power possessed by the people. In my opinion cryptocurrencies, it’s technology and community is the true definition of democracy. Crypto has done a lot of good than bad. It has given lots of people more freedom than what most countries could provide.

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Crypto has brought lots of unique creative minds together. Lots of people have been able to network and interact with theirselves through social media. They have also used social media to help each other. Like in the case of a 6 year old that beat cancer but the family couldn’t pay for the bills. The crypto community on Twitter raised $800k worth of cryptocurrency and sent it to the boy’s family. The family of the boy was very grateful, this is one of the impact of cryptocurrency. Vitalik Buterin is also known for his generous donations to charity organizations. He had donated a lot of money to India for the Covid relief. Aside these popular charitable acts, they are a lot of goods being done with the use of crypto.

Aside crypto granting a lot of people financial freedom it has also given a lot of people freedom beyond just finances. Crypto is so free that it doesn’t care about your gender. Women have been given opportunities to gain freedom and take charge of their lives with the use of crypto currency. It has exposed them to how free they can be. This can be seen in the case of a woman that had money confiscated by her husband and at the same time being violently abused by her husband. But when she started saving in bitcoin, she was able to be in charge of her finance, she saved up and divorced her husband. She was able to earn her independence with that.

We have also seen cases of cryptocurrency coming to the rescue of countries being faced with uncontrollable inflation.