For the last three days I went to the bank and was looking for cash to prepare for business purposes. Since our central bank has set a limitation of the daily withdrawal amount, it is very difficult to obtain cash for everyday business. And the worst thing is that if you eventually lay your hands on some cash, spending the cash feels like a face on your face.
The prices of the things you are saving for have tripled, so you are left like a fool with your worthless paper money. It's hard to understand how bad our paper money has lost its value over time. It is a daily matter that the prices of goods are rising, while our savings in banks are losing value against the costs of goods due to the increasing level of inflation.
Many people have made so many sacrifices over the years to save for different purposes. But once the time comes when you feel that you can get the money and do what you saved, the purchasing power of your money is no longer the same because it has been depreciated.
We are told to save for tomorrow, but when it finally comes to tomorrow, as it may be different for everyone, we all find that our money did not follow us into our tomorrow. The sad thing is that it could be better to live modest than we had to go through all the mental torture and stress to save money for the future in the bank just to see that your money is less value than when you saved it.
Many of us, including me, will start every new year with specific economic goals. But as the last days of the year approach, we often encounter two problems. The first is, banks control our money. They call the shots when and how we have access to our savings. The second number lies in inflation. The money saved does not have to cover what we planned because the costs have risen.
So how do we escape from these problems?
The answer to these problems could be blockchain and crypto. It is a system that allows anyone to safely save money without the usual banking stress and pressure. Thanks to your savings in crypto, you not only save yourself from bank stress, but become your own bank and have complete control of your money. You can choose when and how you spend your money without a limitation of the cash withdrawal that we are passing through in the hands of our central banks.
In addition, crypto savings help to protect money from inflation. When inflation hits, the prices of goods and services are rising and eat the purchasing power of your money. However, with crypto you can be sure that your money is not losing value, but instead appreciate it in the long run.
This allows you to save for higher education for your children when they grow up. You can save your house in the future without worrying that real estate prices could become too high.
This is how I see inleo lpud. Blockchain savings system to help you think in advance in your savings. Every activity of LPUD, whether large or small, is like adding a block to a building where the blocks add value and increase the total value of the building. The more blocks we add, the more valuable our building becomes.
We are lucky that we have this kind of technology and an innovative way to save and secure the fruits of our work in a world where the purchasing power of our money is still disgusting. I see LPUD not only as a revolutionary investment opportunity, but also as an instrument that can protect future generations from an unsuccessful system that can soon collapse.
The future is bright to anyone who is constantly participating in LPUD. Whether you believe in its potential or not, you are one of the few who understands the strength of the blockchain and the potential of crypto.
As a believer of this system, I once again added a block to my future building by powering up 300 Leo. This value can make a difference in the long run.
This is my submission for today's #lpud and #febuaryinleo participation.
Posted Using INLEO
