As we encounter cryptocurrency, we are trying to classify and classify them into the same groups we know as we have always been.
As the name implies, people continue to emphasize the function of currecy, just using for currency.
But this is a very wrong approach.
Though bit coin was developed based on existing currency functions, it must be said that the value of the cryptocurrency has come up with a new kind of value.
Just as the concept of currency was unfamiliar in the days of bartering, and was unfamiliar and difficult to understand when it first came to born a stock.
Many small investors have invested in the first joint stock company in the Netherlands, the East India Company, and when it took a long time to make a profit, they began to sell investor rights. This is the first stock trading. It was hard to understand the concepts of dividing and dividing the benefits of business in this age. When some geniuses invent concepts and introduce them to the market, there is a lot of confusion. Because of lack of understanding.
When these unfamiliar concepts happen, people are hard to understand, so people compare with what they know.
But those things are not easy to substitute for the old ones. Too many new concepts are often misunderstood and misunderstood.
When someone talks about a currency function, someone talks about the function of real estate, which is a value storage medium. If you try to compare things that are not comparable, you end up talking about the wrong things.
the way to store the values has these characteristics.
There are many kinds of things that are used to maintain value. Generally, rich people use art, and the most common are real estate or precious metals like gold.
These valuables are almost impossible to sell separately. And it is difficult to maintain. There is the possibility of being damaged. it is also difficult to carry.
observing this reality, the functions that have cryptocurrencies as storage and partition of values are surprising.
The cryptocurrency was created based on currency function, but now the cryptocurrency has many features that have no currency.
Because it has the characteristics of the shares, it is possible to invest in ICO, and is also listed on the exchange. It has a currency value such as money and can make purchases of goods. It is also used in the concept of assets, such as gold or real estate.
What is the cryptocurrency? We can not give a definition with past knowledge. It is very strange.
Yes, Cryptocurrency is a completely new concept of value that humanity has never had before.
"its value is not stable therefore it can not function as currency". Or, unlike stocks, there is no entity that serves as a basis for having value. This type of discussion, does not make any sense.
This is a whole new value system that we've known for a while.
It has a value storage function like real estate, a real-time trading system like stocks, a hybrid value system that can be used like currency or anywhere in the world. It has all the values that we have been able to show up to now.
Why do we need a value base? The value is determined by the user. Is there a value base with a childhood drawing of Endy Warhol should be sold for billions of dollars? If the user wants to pay dearly, then he already has that value.
What are the disadvantages are actually advantages. But these people do not see it.
I am very excited that we are in this new market with a "new value system".
I personally would like to call the cryptocurrency "integral value".
We are all confused because of the name, but this is not "currency" Just remember that it's a new "value system."
How To Choose The Best Cryptocurrency Exchange.
Criteria To Consider Before Choosing The Best Crypto Exchange.
Read the full Article here: https://bit.ly/2NrYAyp
#gerfin #gerfingroup #cryptocurrency #crypto #buycrypto #trader #altcoin #digitalcurrency #virtualcurrency