Assalamu Alaikum
how are you all Hope everyone is doing well, Today I will talk about Paper Currency VS Crypto Currency, There are many people who hold paper money in the bank! How good is it? Currently, inflation has exceeded worldwide. Many people think that keeping money in the bank is profitable and safe, so they always keep money in the bank. For example, in Bangladesh, 10 lakh rupees 2 years ago has become 6.7 lakh rupees today. As evidence, on May 20, 2022, USD To BDT Rate was ৳87.55 but on May 20, 2024, the USD rate was ৳116.49.
.jpg)
Have you ever thought that you have deposited 10 lakh rupees in the bank and you have received interest of 3.30 lakh rupees in 2 years?
So now how profitable is it for us to deposit money in the bank?
But if you look at Crypto Currency, on May 20, 2022, 1 BTC price was $29,305 and after 2 years right now, 1 Bitcoin price is $67,000 which is double growth.
Due to inflation people are now choosing alternatives,
As we all know gold, silver, diamonds, these precious resources always go up in price day by day.
Due to which people kept these valuable resources but at one time they started to think that even if they keep these valuable resources, they need a safe place, because valuable resources have fear of being stolen, or fear of being lost, it is a kind of confusion, so people now Day by day we are looking at Crypto Currency because through Crypto currency millions of dollars can be stored in ordinary phones without any fear of theft or loss.
Day by day Crypto Currency is gaining popularity so Holder is coming and the price is increasing.
So I think choose to hold Crypto Currency or Crypto Stable Coin instead of holding paper money.
This is where I end today, everyone be well and stay healthy,
Comments