Crypto Scalability Solving Real Life Problem - My Experience

There have been so many problems lately! It's as if after one problem is resolved, a new problem arises to replace the old one! Life is full of problems, and it's interesting when we find our own unique solutions to those problems!

Recently, I've been experiencing a lot of pain due to a problem. I'm not saying that it couldn't have been handled in a nicer manner, but it is what it is.

I needed to send some money abroad for a specific assignment that was urgent and required careful handling. I had to find a solution to this problem very away because it was an emergency.

I went to the customary method of sending money through the customary banking system. However, I was told that the bank would not assist me in this situation. Since it is against the law for any citizen to transmit money outside of my nation, Unless it meets both requirements

• For educational costs

• Health-care costs

Currently, there are just two categories in which one can send money abroad. My issue does not fit into either of these categories, thus I had to choose the opposite. If I'm being honest, I had two choices available to me.

• Standard banking system

• Crypto system

I was so expelled from the standard financial system. Hence, the Savior arrived (Crypto)

I got the idea after seeing an advertisement for a country that was accepting cryptocurrency. I don't remember where I saw the advertisement, but it was presumably shared by Binance. The advertisement was being broadcast on some social media platform. After having the thought, I ultimately chose to go along this path and began looking a little more further into how it functions.

The major event

As I researched hence, I purchased the desired amount of my cryptocurrency from my own country and obtained the beneficiary information there. I could send the money from here to there in just a few short minutes! Before you start to have any sort of ideas, the sum was only $100! So, nothing extraordinary occurred outside. And as I've already mentioned, this was the ideal course of action to resolve the problem with the other country because the situation was somewhat urgent. I told the person to open a Binance account, then I sent him the money through Binance.

Unique ideas from real life learned!

• There is always a solution to a problem.

• Cryptocurrency can address problems what traditional financial systems cannot as plainly.

• Scalability of crypto

• Being one of the best sources of trust is crypto

• Whereas the traditional monetary system necessitates numerous inquiries into every conceivable situation, cryptocurrency can save time and paperwork.

• Crypto eliminates third parties from these types of trades.

Conclusion

With the aid of crypto, so much is possible. We simply need to share our idea for cryptocurrency with other like-minded individuals.
The freedom we crave may be provided through cryptocurrencies. actual possession of our monetary worth. Only time will tell how we eventually see this currency, I suppose.