It was my senior year of High School and I was applying to many colleges and trying to figure out what I wanted to do with my life in the future. I was so stressed out and had no idea what I wanted to major in. Business has always interested me, wether it be as simple as selling and advertising a certain product, or as complex as the stock market and numbers. I already had an idea of marketing for the longest before I started thinking thoroughly into it. In High School I used to sell chocolate to my classmates. I would bring it into the school in my backpack and I would tell people the day before that I would be selling. This was my way of marketing my product in order to allow me to make sales later on the next day. From this point forward, my mind had a different way of viewing things in life. I realized every business doesn’t excel primarily from the sales and the customers or even the location. In fact these factors I just named all sprout from one thing, which is how this said company or product was marketed to the public. Adding on to my thoughts, I spoke to my father about choosing my career path. My father had started his own company almost 20 years ago when he came to America, so he had plenty of experience and plenty of advice to give me. He explained to me the steps of starting a business and everything that goes into it. After this, I knew I wanted to pursue marketing and be the spark that allows a business to excel and start up. Now that I’m currently majoring in Marketing, I feel like I chose the right path and I will continue to learn the ins and outs of it all. I want to make my family and the people around me proud and I think this is the right path to do so.

Introduction:

The new currency known as cryptocurrency has slowly crept its way into our daily lives. From its first introduction years ago to its rapidly growing numbers and acceptance, currencies such as Bitcoin and Ethereum may be here to stay. Businesses worldwide are slowly starting to adopt the use of crypto in their businesses and everyday life. There are more than 2,300 US businesses accepting bitcoin, according to one estimate from late 2020, and that doesn’t include bitcoin ATMs. An increasing number of companies worldwide are using bitcoin and other digital assets for a host of investment, operational, and transactional purposes. This just goes to show how rapidly growing cryptocurrencies are becoming.

Advantages of Cryptocurrency:

• Organic Nature: Crypto is not issued by any central authority and cannot be manipulated or interfered by any government. It is completely for the people using it and has no kind of hidden features or anything shady.
• Strong Privacy: There is no chance of personal information leakage. Once your information is inputted into crypto there is no way of it being leaked to the public, unless you give it out.
• Transparency: All cryptocurrency transactions take place on the publicly distributed blockchain ledger. There are tools that allow anyone to look up transaction data, including where, when, and how much of a cryptocurrency someone sent from a wallet address, which helps to reduce fraud as well.
• Accessibility: Anyone can use cryptocurrency. All you need is a computer or smartphone and an internet connection. Transactions through cryptocurrency can be completed in a matter of minutes.

Understanding Bitcoin:

Bitcoin is a virtual currency designed to act as money and a form of payment outside the control of any one person, or group, and thus removing the need for third-party involvement in financial transactions. Bitcoin was first introduced in 2009 and wasn’t seen as anything important. As crypto currency is merely just digital money and Bitcoin was listed as pennies and nothing too crazy it wasn’t seen as something that would turn into something big. As time passed, the value of Bitcoin gradually increased. People began realizing this may be the next big thing and began buying Bitcoin. People also started to buy and sell the crypto. Also, Bitcoin began being used as a method of payment for major retailers. Bitcoin is one of the main reasons why crypto is creeping its way into our everyday lives, when dealing with currency. 

The Future of Finance and Money:

https://www.youtube.com/watch?v=IWeCQkIJNkY&ab_channel=Coinbase

The Future:

In the end, Crypto has proved and shown us that it has a future in our life and it is here to stay. It is now part of our lives and will continue to grow rapidly and introduce new ways of dealing with currency and new ways of investing to make money as well. Marcelle Owona a cryptocurrency analyst states “I think it’s here to stay. Cryptocurrency is not going away, just like gold is not going away.” It’s here because people in the market want something other than just the traditional currencies that we’ve had and whether that’s right or wrong, it’s clearly something that the market wants. Cryptocurrencies are proving to be more than a basic currency and are showing us that it’s the new way of life for us. It has popular and educated entrepreneurs speaking up about it and showing us that we should all get into it. Cryptocurrencies are becoming more than just an asset in business, but producing great amounts of profit even with its high volatility. We’ve seen cryptos such as Bitcoin hit their all time high and investors also hit big, as well as new ways that these cryptos are being adopted. Cryptocurrencies are not going away and are here to stay and evolve into something huge in the future of our economy and our lives as a whole.