The Importance Of Bitcoin and Digital Wallets

Xavier Singleton, 2021Looking at money from a zoomed-out perspective, most people understand that money can be a form of an accounting system, who owns what, how much do you have, and who owes what to who. The future independence for mankind relies solely on the blockchain ledger, no more banks taking 40 cents on your dollar, and no more government telling citizens what they can and can not spend their hard-working money on.It worries me that more people will look at the risk of losing money in Bitcoin and not taking a chance on the future of finance but will leave with a bank who loans out money they do not even have and in the process committing types of crimes an average citizen would go to jail for. Decentralized Digital wallets in the space would help people stay away from the fees and risk of the centralized money system, the proof — of — work system, on the other hand, will put the power in the hand of the people being able to be free from the system and helping with privacy payments.People want to talk about the risk, there have been more than 30,000 data breaches from mom and pop shops to retail stores to banks, privacy is never the main concern for retail stores and banks money is and with more money more problems, banks only step up their security to protect what is theirs while they are taking what is ours.We have heroes who have been in the space for a long long time trying to get the adoption of Bitcoin noticed and understood, those who do not want to learn or overlook will be left behind to perish, those who do not understand that the blockchain is the future will not succeed. Put this into…