Society’s
Future
By
Timmy P.
What can Crypto be used
for in society? Crypto is like the digital dollar. With tech growing fast
Crypto is going to become a big part of tech. Society’s
future is based on technology, but it is based on Cryptocurrencies, and they
are the future of society.
Crypto has spiked recently with huge interest. Interest has come from big companies, even U.S officials. Companies have started accepting Crypto as a new currency. Some companies are even focusing on Crypto being the main currency that their company accepts, companies like Starbucks, AMC, Amazon, and Microsoft. Dave Abner, head of global development at Gemini, a Cryptocurrency, has stated, “We’ve seen a tremendous amount of inflow of attention, and that’s going to continue to drive the growth of the industry for a while now.” Entrepreneurs have also made a huge living off Crypto, making it their job. Popular job site Indeed has around 420 different jobs listed around Crypto, from Crypto miners to Cryptocurrency startups. Interest like this is going to boost Crypto into the future.
Facebook has officially changed its name to Meta, and with this announcement, they have created the Metaverse. The Metaverse is based on a new way to communicate and hang out. The Metaverse is set as the future and is powered by VR. Inside the Metaverse, the only real currency is Crypto. Since the start of the Metaverse, popularity has been very good. Big companies are investing lots of money; companies like Epic Games, Sony, Nivida, and Microsoft are investing. People are also buying and spending Crypto in the Metaverse. Even a Canadian spent $2.43 billion on land in the Metaverse. NFTs, non-refundable tokens, can be bought in the Metaverse. NFTs are pretty much digital artwork. The Metaverse is going to boost Crypto into the future.
Recently, NFTs have been
amplified all over the world. NFTs are popular with celebrities, making them
their profile pictures. NFTs are being bought with Crypto. This means Crypto is
getting a boost with NFTs. NFTs can be used for lots of different things. With
the Metaverse and how they can be artwork for rooms, Crypto is getting a huge
boost into the future with NFTs.
Society doesn’t know what
the future will bring, but Crypto will escort us there. Without Crypto, society
won’t continue blooming in the future, and it won’t make things easier. Crypto is shaping the future one step at a
time.
In Timothy P’s editorial, I believe he thinks that Crypto is a good thing and will be very helpful in the future and I agree with him. I agree with him because Crypto is creating new jobs and opportunities for people. The editorial states that Job site Indeed has created about 420 jobs that involve Crypto. I also agree with the part that says “Without Crypto, society won’t continue blooming in the future, and it won’t make things easier.”
ReplyDeleteYour opinion on crypto is that it is going to change and shape the future. Before reading your editorial, I didn’t know much about crypto and digital money. After reading it, I think I agree with you. You talk about how much crypto is affecting big companies and how much money they’re making with it. It’s not much of a surprise to me that people are using Crypto, with everything going online.
ReplyDeleteCryptocurrency is definitely blooming its way into everyday society. I do not agree with this stance for many reasons. First, if society moves onto a new cryptocurrency in a flash, the old one, that possibly sold for billions of dollars would be useless. If a consumer bought that crypto in huge chunks, they would be devastated. Secondly, according to firstpost.com, about one billion people in today's world do not own a smartphone, and as prices are stocking up, and the price for a phone going up, I believe that price will stay about the same. The virtual disconnection between online currencies will make a disruption in some way.
ReplyDeleteTim, I disagree with your opinion that society needs crypto. I disagree because according CoinMarketCap .The most popular crypto’s has been dropping, for example, bitcoin has dropped 30.00% in the past 7 days. Crypto is not the future, It was a silly trend that hit its peak in 2021 and is now dying again.
ReplyDeletehttps://coinmarketcap.com/currencies/bitcoin/
I see why you may think cryptocurrency is going to be the new big currency, but I respectfully disagree with this. Cryptocurrency is only good if you are ready to gamble money. This is because one day something like bitcoin could be 30,000 dollars, but then the next day it could be 100 dollars. Even though it can be extremely profitable it can also be extremely risky because of it being able to drop in value and rise. If you lose it to scammers or anything similar to that you can’t get it back.
ReplyDelete