Given the storm of volatility and precipitous decline that we are experiencing in the world of cryptocurrencies, it seems that all is not lost.
Despite a lot of news that revolves around this sector, such as the one we recently saw in which Tesla sold 75% of its bitcoin investment for around $936 million, many have no doubt that this is cryptocurrencies are here to stay.
And the fact is, no matter what, more and more companies are accepting payment with cryptocurrencies, and South America is constantly announcing new Bitcoin cities. Broad sectors such as fashion or the world of sports do not get tired of announcing every day that there is another great brand that accepts crypto payments.
Fast food chains such as Pizza Hut, KFC, and Burger King also accept crypto payments. which shows that they are slowly entering the mainstream. In addition, the growth and birth of new stock exchanges does not stop.
It is for all this that we ask ourselves: What is the attraction of cryptocurrencies? Why do they become so mainstream, despite the great distrust they generate?
Well, currently one of the best is Ethereum. And this is what is currently it is the digital currency with the highest value. Worlds like Decentraland, The Sandbox, and Axie Infinity all rely on ETH in one way or another, with millions of dollars invested in these projects alone.
ethereum 2.0 update planned for this year, along with other upgrades in the coming years, will be needed to make the network even faster and drastically reduce costs, the main disadvantages of this. All this could make it number one in 2022.
Apart from the very foundation on which this cryptocurrency is based, anyone with an internet connection can get Ethereum. For this, For the millions of people who do not have the ability to open bank accounts, this cryptocurrency is an option to consider.
In addition, being separated from the political world, it is often controlled by the community, which means that users of the coin can vote for its organization and management and for many this is a big argument in favor.
Finally, Ethereum is not just digital money, as everything you own through it can be represented and used as NFTs. Owning NFTs via Ethereum for those who find it positive opens many doors for big communities, financial rewards and big events.
Source: Computer Hoy
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.
