The rise of the cryptocurrency economy

#1
Cryptocurrency is a new industry, but it is gaining rapid success.It starts with Bitcoin and is based on blockchain technology. Although Bitcoin is the forerunner, we trade more than 1,500 currencies on the exchange today. Among them, well-known cryptocurrencies include Bitcoin and Ethereum. As can be seen from the "1 ethereum to usd chart", today's 1ETH≈469.05$, compared to yesterday at the same time, the price shows an upward trend. ETH prices are not determined by the state or by an agency.

The state will not force you to accept bitcoin, but the higher the level of participation from player , the higher the recognition, the greater the value of the cryptocurrency. Some people may ask, who is the industry with such a large cryptocurrency?

The cryptocurrency is a currency exist on internet. It is the currency that everyone can access and hold. It is not owned by the government. Although the government is trying to regulate the industry, they are unable to determine the value of the coin anyway. Just like the United States and the European Union, strictly speaking, the government's supervision of cryptocurrencies is still in its infancy

The price of cryptocurrencies differs from legal tender, and a big problem with cryptocurrencies is volatility. They can change quickly and unpredictably, especially worse. This makes it difficult for companies to adopt and accept it as a means of payment. However, some cryptocurrencies are currently doing such an attempt, and there has been news that a company accepts Bitcoin or Ethereum payments. Of course this is not new.

But not long ago, a candidate in the United States who was preparing to participate in the 2020 US presidential campaign also announced that he would accept donations from cryptocurrencies. This is enough to see the globalization of cryptocurrencies. And people's recognition of cryptocurrencies.

If you want to know more about exchange information on cryptocurrencies, or the price of cryptocurrencies, please pay attention to citicoins.

With cryptocurrency, you can not only invest and buy. You can even post it yourself, based on a distribution platform for some cryptocurrencies.The value of this cryptocurrency will be determined by the player's activity, trust, and frequency of use. If you do not have these advantages, your cryptocurrency will disappear soon. Because no one is going to use it.
 
#3
I am really excited about cryptocurrencies, I mean I could almost see the future without bank notes and fiat currencies. But since I am kind of new in trading and all of that, I kind of decided to invest in starting cryptocurrencies like Euncoin (euncoin .com). They have this program where they give free coins to those who donate to Patreon and other 'fund me' websites. Lucky for me, I am already donating to some Youtubers and streamers and now I could receive free coins without directly investing to Euncoin.
 
#4
Cryptocurrency is a new industry, but it is gaining rapid success.It starts with Bitcoin and is based on blockchain technology. Although Bitcoin is the forerunner, we trade more than 1,500 currencies on the exchange today. Among them, well-known cryptocurrencies include Bitcoin and Ethereum. As can be seen from the "1 ethereum to usd chart", today's 1ETH≈469.05$, compared to yesterday at the same time, the price shows an upward trend. ETH prices are not determined by the state or by an agency.

The state will not force you to accept bitcoin, but the higher the level of participation from player , the higher the recognition, the greater the value of the cryptocurrency. Some people may ask, who is the industry with such a large cryptocurrency?

The cryptocurrency is a currency exist on internet. It is the currency that everyone can access and hold. It is not owned by the government. Although the government is trying to regulate the industry, they are unable to determine the value of the coin anyway. Just like the United States and the European Union, strictly speaking, the government's supervision of cryptocurrencies is still in its infancy

The price of cryptocurrencies differs from legal tender, and a big problem with cryptocurrencies is volatility. They can change quickly and unpredictably, especially worse. This makes it difficult for companies to adopt and accept it as a means of payment. However, some cryptocurrencies are currently doing such an attempt, and there has been news that a company accepts Bitcoin or Ethereum payments. Of course this is not new.

But not long ago, a candidate in the United States who was preparing to participate in the 2020 US presidential campaign also announced that he would accept donations from cryptocurrencies. This is enough to see the globalization of cryptocurrencies. And people's recognition of cryptocurrencies.

If you want to know more about exchange information on cryptocurrencies, or the price of cryptocurrencies, please pay attention to citicoins.

With cryptocurrency, you can not only invest and buy. You can even post it yourself, based on a distribution platform for some cryptocurrencies.The value of this cryptocurrency will be determined by the player's activity, trust, and frequency of use. If you do not have these advantages, your cryptocurrency will disappear soon. Because no one is going to use it.
While the invention of coins solved many problems for money, there were still disadvantages. For one, coins were molded from precious metals including gold. Circulation and supply growth was limited by the availability of those precious metals. Furthermore, they took up space and were heavy, which made storing them and carrying them inconvenient. The inconvenience and lack of supply became a growing problem until the emergence of paper.
 
#6
Now we’ve reached fairly modern-day monetary practices. We’ve seen what started off as arguably a barter system transform into a currency system based on value with items such as grains, shells and cloth. The value was then guaranteed by an established government through the minting of coins. When coins became a burden, paper replaced it.
 
#7
In my opinion, the original purpose of cryptocurrency is to replace the current currency and become a universal digital currency. This will greatly reduce the cost of cross-regional transfers and simplify currency usage. This was originally a technology, or an innovative way of using the currency brought by the Internet. But if it is now, cryptocurrency seems to be a field that is separated from fiats(What I mean is it became another independent subject) and this field is also endowed with prices. This is in contradiction with the meaning of cryptocurrency. The Nobel prize winner and Yale Sterling Professor of Economics claimed that the Bitcoin phenomenon fundamentally is a speculative bubble. The CEO of JPMorgan has been vocal about that he would no longer discuss bitcoin, and the Bitcoin prices are meaningless. In fact, my point of view is similar. Nowadays, the price of excessive speculation is actually a bubble. Its meaning does not match the price. If the cryptocurrency is to be treated as a stock or a securities fund, a solid industrial foundation would be required at first. The significance and value of cryptocurrency lie in the implementation of technology and the real improvement and resolution of social problems. Instead of being just a piece of empty and virtual "white paper".
 
#8
Though cryptocurrency and its underpinnings — blockchain technology — have gone through tough times over the last eight years, they have evolved to the point where they pose a serious threat, not only to banks, but also to other centralized control systems, such as payment systems, insurance companies, law firms, and even governments.
 

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