There is no doubt cryptocurrency has had its ups and downs. Jason Hope, a futurology guru, states the dips in popularity are part of the process. He stressed that cryptocurrency will change the future of doing business. One reason crypto will continue to be popular is the growing e-commerce market.
Consumers and businesses need to educate themselves about all the fees associated with e-commerce. Both are turning to crypto for their payment methods. Jason Hope explains. Why? It is cheaper. There are low to no transaction fees associated with the use of cryptocurrency.
However, using a credit card company does not offer the same benefit. Everyone is worried about online security. Jason Hope explains cryptocurrency may be the solution. Many people are concerned about fraudulent charges or credit card theft. For businesses, fraudulent returns will reflect negatively on them.
However, blockchain technology makes fraud charges disappear. For a more secure transaction, digital currency is the safer option. Digital wallets are more protected from cyberbullies than credit cards. According to Jason Hope, it is a win for both consumers and businesses.
Hope is also open about how entrepreneurs will have more opportunities when investing in cryptocurrency. Cryptocurrency provides a path for new entrepreneurs to invest in new technologies and products. The same opportunities do not exist using traditional methods of investing. Jason Hope gives the example of a teenager who invested in Bitcoin in 2011. By the time the kid was 18, he was a billionaire. The success story would not have been possible if he had followed more traditional investing methods.