Jason Hope: Cryptocurrency is the Future
Crypto and digital currency have recently gained popularity as the new go to currencies of future businesses and startups. But is cryptocurrency really the best option? In today’s article, we explore Jason Hope’s perspective, who discusses what he believes is the future of crypto and digital currency. Hope believes that future transactions will mainly involve cryptocurrency and digital wallets. There are several reasons for this belief.
For one the transaction fee in crypto is low as compared to other forms of payment. In addition, crypto transactions can be made in real time and they can be made at any point of the day. This is why the activist investor believes that crypto is the future. Jason Hope also talks about the other uses of digital currency. He believes that digital currencies will be used to prevent tax fraud and money laundering as they are non-cash methods of payment.
Further, Hope talks about how this will lead to better security as nothing is paper based. The business expert and philanthropist Jason Hope believes that one of the biggest uses of digital currency will be in reducing the transaction costs and transaction times. He argues that digital currency is going to bridge the gap between rural areas and urban areas. This is a big deal as it helps in making financial transactions easier. As this information becomes more widely used, it will help to spur economic growth
Hope also talks about how crypto and digital currencies are disruptive to other industries. He believes that they will be especially disruptive to a big industry within finance. According to Jason Hope, this industry is the credit card industry. What Hope thinks is that credit cards will be replaced by digital wallets as this form of payment is more secure.
Your credit cards are at a high risk of being compromised. As for digital currency, there is no risk of this happening. The entrepreneur believes that this will be a more secure method of payment as compared to credit cards. For Jason Hope there is indeed hope for cryptocurrency and digitized blockchain transactions