A Digital Currency That Is Destroying Poverty Globally

A Digital Currency That Is Destroying Poverty–It’s called YEM (Your Everyday Money)

The World Bank describes that “the number of poor worldwide remains unacceptably high, and it is increasingly clear that the benefits of economic growth have been shared unevenly across regions and countries” Along with these incidents of economic chaos, civil war and governmental collapse plague developing regions.

Besides, poverty is mainly driven by economic factors, which include limited access to financial services and high inflation rates.

Moreover, studies have argued that a low level of trust and corrupt government institutions harm the economic development.

Cryptocurrencies could provide a significant benefit by overcoming the lack of social trust and by increasing the access to financial services (Nakamoto, 2008) as they can be considered as a medium to support the growth process in developing countries by increasing financial inclusion, providing a better traceability of funds and to help people to escape poverty (Ammous, 2015).

To provide a comprehensive overview of the opportunities of cryptocurrencies in developing countries, it is necessary to understand the general advantages cryptocurrencies provide for users compared to central bank-issued fiat currencies, like the Euro, US dollar, or the Nigeria Naira.

One of the main advantages of Digital Currency is as follows:

Cryptocurrency is a type of digital asset that is an intangible asset. digital currency that uses a highly sophisticated type of encryption called cryptography to secure and verify transactions.

WHAT IS AN ASSET?

An asset can be thought of as something that, in the future, can generate cash flow.

The benefit of an asset is that it has the ability to appreciate in value over time.

Although Bitcoin has been the first ever cryptocurrency invented; it has however not been able to fulfilled the primary purpose of a Digital Currency due to its high volatility and price fluctuation/manipulation that happens nearly every seconds. Bitcoin is not alone regarding this huge volatility plague, almost 99.9% of the cryptocurrencies out there are equally facing volatility plaque (many losing their money) daily.

PERMIT ME TO INTRODUCE TO YOU A SUCCESSFUL DIGITAL CURRENCY THAT HAS BEEN BUILT ON A SOLID ROCK!

It is called Rainbow Currency with the trading symbol YEM (Your Everyday Money).

This is the only digital currency that has its own economy circle (the primary purpose is to serve as a medium of exchange, payment settlement etc.

A digital currency that has its own private blockchain.

Is being used in over 157 countries.

Over one million active wallets already in less than 3 years.

The value of one YEM is steadily and consistently increasing almost every single week thereby creating wealth and removing most YEM holders in developing countries from abject poverty.

One YEM was first sold at $0.001 in 2017, nevertheless, as at the time of writing this article May 17, 2020, the value of one YEM is steadily at $0.8800 i.e over 2000% increase in value.

The amazing benefits of YEM cannot be overemphasized.

Do you know that if you would signup with this company you would receive 20 YEM which is currently worth over $17 with the ability to steadily increase in value and worth?

To sign up FREE, visit - https://www.safe.zone/1000000133