Cryptocurrency Continues to Enter The Mainstream, But Education Remains a Barrier
September 19 2022 - 8:49AM
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Cryptocurrency was designed to empower people by giving back their
financial power and allowing them to avoid relying on governments
and banks. Since its infancy, cryptocurrency has disrupted
traditional financial services, including governments, central
banks, and venture capitalists. Cryptocurrency is generally
decentralized in nature, meaning any single person or entity does
not control it. The technology’s decentralized nature has allowed
it to revolutionize the finance world through its unparalleled
transparency, immutability, and security. As a result, it is
rapidly making its way into the mainstream. As it continues to
evolve, more countries have legalized cryptocurrency, with some
declaring it legal tender. However, the technology doesn’t show any
signs of slowing down either, with analysts projecting that the
cryptocurrency market will be three times as large by 2030,
estimating a valuation of around $5 trillion. Despite the rapid
mainstream adoption of the technology, due to the sector’s lack of
regulation and inherent volatility, many people still haven’t
entered the space. However, despite the setbacks, countries like
Columbia and Venezuela have started to use it for business
purposes. Like any new technology, the lack of education around
cryptocurrency is a huge barrier preventing people from getting
involved, and while there are several educational platforms,
there’s still a need for a holistic educational tool that investors
can use. That’s where Collective Shift aims to solve this problem
through its educational platform used to educate people through
media, providing access to tools, insights, opportunity alerts, and
portfolio strategies that investors need to succeed. Collective
Shift believes that the key to cryptocurrency is its community
focus, which is why it has designed a platform built on being a
collective. With its team of expert investors, research analysts,
passionate team, and dedicated members, it believes it can
confidently move the industry towards collective success. “No
technology in recorded history has ever been adopted faster than
cryptocurrency, including the internet itself. We must come
together to give people exactly what they need to succeed as we
build a new future,” the company states on its website. The
platform profoundly understands what the cryptocurrency space
needs—a place where they can get consolidated access to the most
critical insights and information. This is why the platform
publishes free education through its research reports, beginner
materials, articles, videos, and podcasts. The company’s founder,
Ben Simpson, fell in love with cryptocurrency while building his
apparel business, seeing the potential in Bitcoin “beyond the
rational benefits of decentralization, its deflationary nature, and
permissionless, borderless qualities.” The more he learned about
the space, the more he learned about the power of community, which
is what spurred a need for the platform. “I created a group
of crypto experts to surround myself with and together, we
collectively began sharing our research to spot the next trends and
opportunities,” the entrepreneur says. Ultimately, Simpson says
that Collective Shift was born to empower individuals to succeed by
educating them and connecting them with the crypto community. “The
idea that no one person could do this alone. That the collective
makes the individual stronger — and that with the right tools,
resources, and people — we could democratize wealth through crypto
for all,” he says.
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