How does cryptocurrency help avoid monopolies in the financial market?

Cryptocurrencies create a new paradigm in the financial world, providing opportunities for decentralization and the elimination of monopolies. Traditional financial systems are often subject to the control of large banks and government structures, which limits competition and freedom of choice for users. Cryptocurrencies, based on blockchain technologies, eliminate intermediaries and enable every individual to participate in the global economy. This contributes to greater transparency, reduces transaction costs, and provides access to financial tools for people without access to traditional banks. Cryptocurrencies, therefore, not only protect against monopolies but also stimulate the development of innovations in the financial sector.