Cryptocurrency is more than just a new way to pay for goods and services, it is also changing how we think about money and the global economy.

Now less discuss how cryptocurrency is making a major influence to the way we think and to the global economy.

A NEW KIND OF INVESTMENT: it is already obvious that cryptocurrency has become the popular way to invest money. Both individuals, entities and governments are investing in cryptocurrency for various reasons which is change the global economy. but investors need to understand the risk associated with cryptocurrency, because even though there is a chance of making alot of money, there is a Risk of losing alot of money, that's why  investing what you can afford to lose in cryptocurrency is very essential.

CHANGING THE WAY WE THINK ABOUT BANKS: for years now the rise of cryptocurrency have force banks to have a rethink on they do business. banks are built on systems that have existed for many years, though banks work well for Many people, but banks can be slow and expensive for many people too regarding international transactions. So as cryptocurrency is growing and gaining popularity banks seek New way to complete. some Banks are even using Blockchain technology to improve their services speed and security. In this way cryptocurrency is pushing banks to wake up and become better and more efficient to the people.

BREAKING DOWN BARRIERS: one of the major way cryptocurrency have changed the global economy is by breaking down barriers. As we all know with the traditional banking system, sending money across borders can slow and expensive. Banks charge fees and there are often delays in the banking system as money goes through different financial systems, though miners charge fees too before confirming transactions but it's fast and cheap compare to the banking system.

THE GLOBAL RIPPLE EFFECT:  cryptocurrency bring about changes that are not only limited to just one particular country or region, the digital world is so interconnected. Events in one area can quickly travel to others, less say if a country with week currency use cryptocurrency globally, it can inspire other neighboring countries to make similar moves. this so called ripple effect can lead to more connected and efficient global economy, where money moves quickly and freely across borders.

ENCOURAGING FINANCIAL INCLUSION: as we all know many people worldwide have been excluded from traditional financial systems for years now, which reasons for this exclusion maybe as a result of living in a remote areas or where Banks are uncommon. Cryptocurrency render a method for this individuals to enter the global economy.

LOWERING COST AND INCREASING SPEED: as we all know in some part of the world sending more can be slow and expensive. Banks and money transfer often take cut of our money as fees, and it can also take days before it destination. But with cryptocurrency fees are usually much lower, and transactions can take place within some minutes. With cryptocurrency someone can send money to their families and friends in another countries and I will go directly to the person who need it, rather been eating up by fees.