It is a reality that a high percentage of the world population doesn’t have a bank account or anything like a card, or digital money through their smartphones. Even though using the internet has become a necessity nowadays, not everyone has come to know or understand the multiple uses internet can have in terms of money transactions. It seems that we have been told wrongly that apart from a banking company we cannot count on any other system to manage our money securely, or even worst, we have been told that cryptocurrencies aren’t an alternative because they cannot be used in real/daily life issues. But I’d like to show you how token creation can become a real alternative for you, to find a solution to many banking issues that we face as a society even today.
Every society is different
We need to start by talking about social differences to have a wide view of what it really means to have cryptocurrencies as a “salvation” measure. Even though every government in particular tries to address the needs of their country it is ineffective to reach every person, and it’s of course not possible to answer to the needs of a global population that wants to continuously connect and interact to grow. For example making international commercial alliances, or selling and buying goods from different companies around the world is always subdued to political measures by the government and the big banking companies. Yet, that only has caused that some people can participate while others cannot.
“Token creation is an answer to these changes, allowing people to build their way into the digitalization phenomena by making their own customized digital coins to buy and sells goods all over the world...”.
Social differences are always present, countries without free-market initiatives for instances are completely unable to create international interactions in a market level because they are not allowed to use outside fiat currencies or because their banking system is not allowed to make transactions whether because it’s blocked for diplomatic reasons or because they don’t manage the exchange of a different currency.
Many are the Latin American countries that have issues like the one mentioned before, and it’s the reason why they are also number one in crypto exchange rates. Because they have found in cryptocurrencies the friend they needed to expand their business interactions and get into the international market. I was surprised when I saw the first Colombian shoe designer sell her shoes on her website using Bitcoin, even though Colombia does have free exchange this person voted for the rest of Latinoamérica to become her customer online using cryptocurrencies
The world has become digital
Another thing that we cannot ignore is the fact that the world has turned into digital. Maybe we thought this was the case a long time ago, but the truth is that even now everyday things that we never even imagined have turned to the digital world as well. Token creation is an answer to these changes, allowing people to build their way into the digitalization phenomena by making their own customized digital coins to buy and sells goods all over the world
“Token creation is the alternative to bring equality and opportunities to the worldwide community.”
Token creation also enters in the scene to confront the fact that cash is almost a bad joke from the past, the time is clearly stating that the future won’t include cash transactions at all because in terms of utility digital coins are way above it: They don’t perish, don’t get lost in our wallets, harder to steal, easier to move, and they are exchangeable with comfort (like from the warmth of our houses). Even more is the case of the money created through blockchain technology, such as the customized cryptocurrencies at MintMe. Because apart from having all the great characteristics that other digital money has it also includes a personalization, purpose, and overall security and privacy.
Not long ago my brother and I were debating how to survive the past quarantine when my card was broken and his has expired. It was an unfortunate set of events since both of us were unable to pay normally and every time we had to buy groceries it was an extreme adventure. Since the bank wasn’t working at all excused by the circumstances (even though this has happened before even without the pandemic) we couldn’t fix our situation and were having a hard time. Later on, my father had to lend us his personal card to buy simple groceries yet, even getting my money to his account to be able to buy using his card always took more than a day and they would take a percentage during the transaction and mess up my math.
We all have gone through similar situations. And my invitation this time is for us to think about how the world without tokenization works and how it would be if it was possible to pay using crypto in our favorite shop. How does it sound to create your own digital coin to bring your business to the international market and make easy transactions using your smartphone? No need for bank accounts, no need to comply with extreme paperwork or bureaucracy, no need to have connections with important figures in the government. Token creation is the alternative to bring equality and opportunities to the worldwide community.
Mary Schwartz