Cryptocurrency education has become imperative in the world today, due to the advancement of the industry. Without doubts, the Cryptocurrency industry is very much lucrative in that it offers a good store of value, means of exchange, and source of income for investors. Cryptocurrency is indeed lucrative and the opportunities in the industry are countless. Thus, investors are embracing the industry, exploring opportunities, and inspiring potential investors to come aboard.
Recent trends about crypto
Furthermore, the appealing nature of investing in cryptocurrency has led to a surge in the number of cryptocurrency holders. The world is on its toes, and World powers are looking at every possible means to put the industry under watch. While many are so keen on regulating the industry, only a few had called for Cryptocurrency education. Aside from the Russian Chamber of Commerce which recently called for cryptocurrency education, only a few had followed suit. Governments are slamming the industry with tax rates and as well proposing a regulatory framework. However, some governments had banned cryptocurrency within their jurisdiction.
The increasing tension and speculation from every concerned stakeholder have given little room for discussion about Cryptocurrency education. We can’t undermine the need for Cryptocurrency education for both governmental institutions and investors. If governmental institutions can fully comprehend how the industry works, there be little or no pressure on investors. Also, if Investors can be properly oriented on how to engage in the market, with recognition for orderliness the government won’t be under pressure to regulate the industry.
Additionally, exchange platforms and companies should assume the responsibility of educating their clients. About some weeks back, #Binancestopscamming took over the Twitter space as investors came out to engage in an online protest. The protest aimed at showing displeasure against Binance regarding the acclaimed illegal suspension of accounts. Binance users in Africa, most especially Nigeria, claimed that the company is suspending their accounts for no reason. The situation could have been averted if investors are well educated about the terms and conditions of Binance. In regards to illegal activities on their platform. Binance revealed that the suspended accounts breached some part of its regulation.
Need for Cryptocurrency education
The majority of Cryptocurrency investors only see the industry as a lucrative avenue to store value. The industry has grown over time, and opportunities are emerging from it. Initiators, exchanges, and project owners must always educate users about their initiative. This will help guide them from stepping on the toes of existing laws and regulations.
Therefore, Governmental agencies, on the other hand, must also embrace Cryptocurrency education in other to formulate good policies. Proper initiation about the opportunities of the industry will help nation-states to divulge into the market instead of being hell-bent to rip it. Through various NFTs projects, the government can raise funds to execute certain projects. Opportunities in the industry are countless, and they can be unhooked via proper orientation.
Lastly, while the need of proper education is needed for every stakeholder in the globe, the world must come together and see cryptocurrency as an advancement we must all embrace. It’s undeniable, Cryptocurrency has come to stay! But the onus of getting the best out of it lies on every individual. The world must embark on a revival of Cryptocurrency education to rescue the industry from predators. Investors without good knowledge of the industry are predators! Government without good regulations are predators! Trading platforms that refuse to give their users good education are predators! Predators don’t come to build, they tend to plunder and destroy. At the moment, Cryptocurrency education is the needed Messiah for the industry.