The white paper shared confidentially on the internet back then in 2010 created a slight effect. Today, its echo translated into more than one dimension and passed the financial to other social and cultural spectra, specifically after the Covid-19 lockdown. When technology became the ultimate goal embedded in any domain, and cryptocurrency and blockchain took the lead in the world of Fintech. The past year held dramatic changes that rebuilt the future in front of everybody on this planet; people faced constraints during this period and sat with themselves for a long-needed time. That period raised questions, and future concerns; some thought of their future from a financial perspective, and others thought of their jobs or plans through the monetary value they hold.
Bitcoins at these times started to skyrocket and recorded new money rates due to several reasons. But the dilemma here is that people have wanted to try this new financial product since they began to be aware of it, but lack of knowledge and the culture itself gave them a push back.
At Wizzblizz, we introduce what is beyond Fintech and highlight why cryptocurrency is a way toward financial freedom.
The last term redefines and renovates the democratization of financial products: Bitcoins are in the front, but others like Ethereum exist and have a particular position. On a small scale, cryptocurrencies’ decentralization leads to diminishing the authority of the bank. On the bigger scale, it is more of redistributing the values and power that single individuals have lost under the traditional financial system. Investors now can invest in cryptos as a way to avoid risk. Although investors like to take risks, sometimes it is not the kind of risk that motivates them or pushes them to the frontline.
Freedom is never accomplished or gained without trust. The feeling of confidence follows almost all objects, humans, and the system with its ideas together. The new “trust” we are tackling here was reborn after the financial crisis in 2008 when the emergence of cryptocurrencies began. The blockchain, the space where transactions occur, is provided with security, and this assurance is the supreme bond that builds trust. This virtual market holds more power than ever to investors and users. The blockchain is responsible for gathering these people of different backgrounds and working as a broker to build trust between those who do not. One of the reasons is that they do not know each other, which opens a new perspective on how citizens can meet. It enhances globalization and how all countries become one country with definite financial laws and regulations.
At Wizzblizz, our innovations vary from blockchain to financial services. We offer beyond these as we dig into the core of achieving financial freedom and security as people have been searching for value in money and not the number of paper money. Hence, the title proposed above becomes achievable.
Imagine buying your new car through several bitcoins or attending a music concert too. These are daily prospects for the new financial system, but users feel more than concerned about this process because financial freedom brings them meaning. This meaning is exclusive to those in countries that follow an oppressive regime or face economic problems. These limitations diminish and are not obliged to the local circumstance, giving freedom to time and space specifications that genuinely exist. But before these, Wizblizz guides users to Fintech and comprehends all matters, complications, and challenges. Since as mentioned above, cryptocurrency and the new financial world require a culture. This culture demands high knowledge, awareness, and digital-driven tech kings as mindsets.