This article is written by G to help you all have a clear and accurate understanding of Crypto. Because G knows that for a long time people have only gone to exchanges to trade as if it were virtual currency without understanding that crypto has been and is being widely applied in real life, not just limited to speculative trading:
💥 Payment for Goods and Services
Some large companies: Tesla, Microsoft, Shopify... allow payment in BTC, USDT, ETH,...
Crypto Visa/MasterCard (like Binance Card) allows spending crypto like fiat money (VND, USD).
💥 International Money Transfer
Crypto allows for fast cross-border money transfers at low cost, without the need for a central bank.
For example: Workers abroad send money back to their families using USDT instead of Western Union.
💥 Asset Accumulation and Investment
Bitcoin is being seen as "digital gold" to hedge against inflation.
In addition to BTC, stablecoins (USDT, USDC) help maintain value safely in an unstable economy.
💥 DeFi (Decentralized Finance)
Borrowing, lending, trading assets without needing a bank (e.g., Aave, Compound).
Earn interest by providing liquidity or staking tokens.
💥 NFT (Digital Assets)
Buying and selling digital artworks, collectibles, digital ownership rights via blockchain.
Applications in fashion, gaming, sports (like NFT match tickets, blockchain game skins).
💥 Applications in Supply Chain and Logistics
Blockchain tracks the origin of goods (food, pharmaceuticals) transparently, preventing counterfeiting.
💥 Charity and Aid
Charitable organizations receive donations in crypto quickly, without relying on the banking system.
--->>> In the next article, G will explain "Why crypto is increasingly developing and essential and why current forms of payment are not enough?? + the current position of BTC" okay!!