The importance of cryptocurrencies in people's daily lives

Cryptocurrencies will undoubtedly represent the currency of the future, but their growing value is asserting itself mainly now, in the present, quietly and very discreetly inserting itself between the folds of a hyper-globalized society whose members, for the most part, now seem completely incapable of living disconnected from the Internet, from their electronic devices, from the avid consultation of social media, as if their entire lives depended on the quality and power of their network connection.

It is not surprising that even payment methods now take place mostly online: just think of the boom in net consultation that has taken place in the last two years, due to the pandemic and long lockdown periods, which has brought countless people closer to the universe of the internet and online shopping for the first time, even overcoming what until recently was widely considered an insurmountable barrier, namely the resistance to making a payment over the internet, perhaps even entering one's personal information and credit card details.

This belief, prevalent especially among people of a certain age, or at any rate no longer very young, has been almost entirely swept away by the terrible two-year global pandemic, thus paving the way for the success of other forms of payment that are emerging with great speed, just like cryptocurrencies. 

Widespread interest

One of the most shocking aspects, when it comes to cryptocurrency, is undoubtedly the fact that its peculiar and innovative features have attracted the interest of an extremely diverse audience, consisting not only of financial specialists or IT experts, but also of ordinary people and unsuspected professionals belonging even to sectors seemingly far removed from that of online finance and new technologies.

Walking into any fast food store, take-out pizzerias or small provincial bars nowadays, it is certainly not unusual to hear staff engaged in lively discussions centered on cryptocurrencies, Bitcoin, the best strategies for grabbing the best deals, seizing the best investment opportunities, or even just identifying the best platform where to start one's adventure among cryptocurrencies.

This not only shows the high penetrative capacity of this new currency, but also that cryptocurrencies have now arrived among us, in our everyday lives. We are not only talking about our virtual existence, which in some cases now becomes totally indistinguishable from the real one, but also about the practical everydayness with which we measure ourselves every day, from the moment we leave the house until the moment we return in the following hours.

Cryptocurrencies are now also accepted inside many physical businesses, especially in large cities. Bars, hotels or even copy shops capable of accepting cryptocurrencies these days are no longer a rarity: indeed, their numbers are growing steadily, and in all likelihood will stop at nothing.

The evolution of everyday life

From a traditional everyday life, in which forms of payment represented one of the few human activities not yet conditioned by the presence of the Internet, we are thus heading at great speed toward a kind of ultra-connected society in which every payment will take place online, with the blessing of the Internet and the computer systems to which it is closely connected. The materiality of banknotes will become only a distant memory, leaving room only for intangible transactions.

It is, however, online that the power of cryptocurrencies is manifesting itself in all its power: more and more e-commerce and virtual stores have in fact begun to offer innovative payment methods based on cryptocurrencies, thereby also helping to strategically position themselves in relation to their competitors. The desire to offer a form of payment with cryptocurrencies not only demonstrates the high stage of evolution of a brand, but also strengthens its reputation among its stakeholders.

This form of online payment has now spread widely among companies and brands from sectors as diverse as IT or service providers. Even the world of gambling has started to propose payment methods with Cryptocurrencies: some of the best online casinos in Saudi Arabia already offer their players to make use of this innovative and secure payment method, which is perfectly legal and able to protect the privacy of those performing the transaction.

In addition to guaranteeing rich selections of the best casino games available on the web, these platforms have thus begun to design a customer experience based on fluidity, innovation and ease of use, enabling extremely advanced payment modes that will make life easier for all players.

Cryptocurrencies certainly improve life, especially as they make it more agile and faster (both online and offline).