Importance of cryptocurrencies in the modern world

Importance of cryptocurrencies in the modern world


Let's start at the beginning first, what are cryptocurrencies?

A cryptocurrency is nothing more than a virtual currency, exactly virtual, which means that there are no physical coins or bills.
but at the monetary level, they currently have a strastorphic value. You can make a cryptocurrency transaction to someone
without the need for an intermediary since everything is stored in your wallet. Some of the most successful cryptocurrencies and therefore
both known are Bitcoint and Ether, in 2021 the bitcoint had an overwhelming increase due to a twet by Elon Musk which is one of
its biggest investors increasing more than 5000 dollars in 1 hour.

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People can use cryptocurrencies to make payments and avoid transaction fees (here is one of its many advantages).
Some people acquire cryptocurrencies as a future investment, because their value is constantly growing. Cryptocurrencies
they can be acquired using a credit card or in some cases using "mining". All cryptocurrencies are stored in a wallet
digital.

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Cryptocurrencies VS US dollars
Cryptocurrencies are not backed by a government.
The value of a crypto-currency is constantly changing.
No one can guarantee that you will earn money.
Not all cryptocurrencies - or companies promoting cryptocurrencies - are the same.

The truth is that I can go a long way and say a thousand things that you have read in another post but the truth of all this is that cryptocurrencies are a bet that you can win a lot and lose little

 

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TheJuliocesar
TheJuliocesar

Julio Caraballo 📷 Photographer 📸 👨🏻‍💻👨🏻‍🎓 Graphic design 5/6 💉⚕️ Paramedic


Importance of cryptocurrencies in the modern world
Importance of cryptocurrencies in the modern world

Importance of cryptocurrencies in the modern world

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