Valentine’s Day is a time to reflect on all the love we have in our life. And, as crypto lovers, it’s a perfect time to think about how technology can play into our love lives. Here are five ways that crypto can make your Valentine’s Day even more special!
Cryptocurrencies such as Bitcoin and Ethereum are currently experiencing a surge in popularity due to their potential to change the way we shop, pay for goods and services, conduct commerce, and store our assets. Traditional economists have long debated whether or not these technological advancements will cause an increase in wealth inequality or stimulate global economic growth. However, one recent study by Binance found that those who hold cryptoassets tend to be more attractive to potential romantic partners than those without any investments in digital currencies. Given the increasing trend of people trading cryptocurrencies for love (both online and off), this revelation could
Some people find the appeal of cryptocurrency intriguing, finding a connection with those who choose to invest in the digital coins. It is likely this fascination would extend to those in a romantic relationship as well, giving couples more reason to connect and build close relationships.
Although cryptocurrency is new to many people, some couples manage to find a way to get involved. In a recent survey, 38% of those surveyed said their partner was equally as interested and passionate about crypto as they were, while 27% patted themselves on the back for introducing their significant other to the wild, wild world of web3. While this number may seem small, it shows that crypto is still gaining traction in relationships. Whether it’s helping improve financial security or just giving couples something new and exciting to talk about, there’s no doubt that crypto can play a big role in future marriages.
Despite the overall market pessimism, there seems to be some renewed hope amongst cryptocurrency investors due to recent bull runs in some of the major coins. Despite Bitcoin dropping from its all-time high above $19,000 in December 2017 to around $6,500 today, Ether is up about 23% year-to-date. This small pick up in enthusiasm may not result in a full recovery for cryptocurrencies as a whole yet, but it provides a glimmer of light amidst what has been an otherwise dismal year for markets.
As couples prepare for Valentine’s Day, a crypto-based gift might be more popular than flowers or chocolates. The majority of those polled (83%) said they would prefer a crypto gift card over either traditional sweets or accessories. This is likely due in part to the increasing popularity of cryptocurrencies and the associated technology. As more people invest in blockchain and cryptocurrency technologies, there is an increasing demand for products and services that take advantage of these new developments. Consequently, businesses that offer such products and services may be especially popular with couples looking to show their affection through gifts rather than traditional expressions such as flowers or chocolates
This year’s Valentine’s Day spending is projected to be up by 8% from last year, due in part to the growing popularity of ‘affordable luxury’ gifts. Gift shops like Tiffany and Juicy Couture are popular choices for those who want to spoil their partner without breaking the bank.
This year, NRF is encouraging consumers to spend on friends and loved ones with some great gift ideas. This includes things like special Valentine’s Day cards, sweets, and even flowers. Some retailers are also offering deals on items that would usually be expensive for this holiday such as jewellery or watches.
Certain people on the Binance team seem to have enjoyed giving memorable gifts to their colleagues and friends. This includes buying cryptos for those who didn’t know what they were!
Many people may assume that Binance is only for serious crypto traders, but the reality is that a large number of people use the platform every day. The Global survey found that over two thirds of users (68%) are frequent or occasional traders, which suggests there is a lot of potential for Binance to grow even more in the coming years.
The sheer volume of people in the crypto space suggests that there are enough singles out there to find love. The number of people with an interest in blockchain technology and cryptocurrencies seems to be on the rise, so it’s possible that more singles will join the market. This shift might bring about a change in attitude for those looking for love or romance and could lead to more success when it comes to finding someone who feels similarly inclined.
