exit-popup-close
We can write it better! Just try!

Choose your writer among 300 professionals!

close

Crypto Can Now Buy You Citizenship. Screw Public Acceptance?

Download PDF

Cryptocurrencies since their arrival has been a blessing in disguise to the world of finance as well as many aspects of our lives. Customer power, freedom, anonymity and a whole lot of seemingly impossible things in the world of finance are now a reality thanks to cryptocurrencies. Cryptos have also made their way into our daily lives and society and still continues to grow every day. Sectors such as finances, education, construction, medical care, property acquisition and a whole lot more are all now connected to cryptocurrencies to make service and accessibility easier.

Essay due? We'll write it for you!

- any subject

- min. 3-hour delivery

- pay if satisfied

Get your price

A number of high schools and universities across the globe have started accepting cryptos for payment of tuition fees. The University of Cumbra, UK, the University of Nicosia, Cyprus, the European School of Management and Technology in Berlin, The King’s College in New York, and FTP University in Vietnam are all top schools, who have aligning themselves with cryptos to experience unique features they come with. KMP health Care in Jamsil, Seoul, Korea announced in June this year that the hospital was going to accept payment for medical services from customers in cryptocurrencies.

Earlier this year too, Ireland’s biggest homebuilder started accepting cryptocurrencies for payment, though it was only Bitcoin and other dominant coins on the market. Regardless however, the recent development in the adoption of cryptocurrencies by some very prominent sectors of our lives only proves the point that Cryptocurrencies have gained massive acceptance as a viable form of payment, irrespective of the negativity around it.

Just last month, the government of Antigua and Barbuda announced that, the country has officially amended its Citizenship by Investment Programme Act meaning than it now accepts Bitcoin and other cryptos as payment for citizenship. The act also permits the purchase of citizenship in fiat currencies. According to their prime minister, the decision was influenced by market demand for cryptos now and it would also expand their market.

A lot of crypto investors are willing to undertake many projects but only in cryptos and such an initiative by the island will only go a long way in boosting their economy. Now that such a delicate aspect of our human lives have also succumbed to cryptos, it’s about time, experts and investors ignore seeing public acceptance as a problem. Cryptos have been breaking barriers we never thought they could and they did all this whiles many doubters were still labelling it a fraud and a scam.

If these things had any major effect on cryptos, they would be dead by now but instead, they are gaining grounds now more than ever and it’s about time the public start seeing it as what it is, a thing of immense value.

Disclaimer: This essay has been submitted by a student. This is not an example of the work written by our professional essay writers. You can order our professional work here.

paper Download essay
72 writers online and ready to help you with your essay
close

Sorry, copying is not allowed on our website. If you’d like this or any other sample, we’ll happily email it to you.

By clicking “Send”, you agree to our Terms of service and Privacy statement. We will occasionally send you account related emails.

close

Thanks!

Your essay sample has been sent.

Want us to write one just for you? We can custom edit this essay into an original, 100% plagiarism free essay.

thanks-icon Order now

More Essay Samples on Topic

Eduzaurus.com uses cookies to offer you the best service possible.By continuing we’ll assume you board with our cookie policy.

Do not miss your deadline waiting for inspiration! Our writers will handle essay of any difficulty in no time. Want to get a custom essay from scratch?
Do not miss your deadline waiting for inspiration! Our writers will handle essay of any difficulty in no time. Want to get a custom essay from scratch?
Do not miss your deadline waiting for inspiration! Our writers will handle essay of any difficulty in no time. Want to get a custom essay from scratch?