When we correctly understand that the only cryptocurrency is not Bitcoin, we will release all those with great potential.

When we correctly understand that the only cryptocurrency is not Bitcoin, we will release all those with great potential.

By derwin25 | Worldinfo | 16 Jul 2019


 

Many of us knew Bitcoin in the last 5 years, when cryptocurrency already exceeded tens or hundreds of dollars; However, more than 50% of the world's current cryptographers only learned of its existence in the last 2 years, when it already exceeded thousands of dollars.

 Despite the abrupt but predictable fall in valuation during 2018, which practically touched 90%, last year the number of cryptographers doubled with respect to 2018. This year this growth could be repeated.

How can an industry that loses 90% of its capitalization grow or double? If this were a depression in an industry like real estate, it would be years before a slight recovery; However, this is one of the main strengths of the Crypto Ecosystem and the Crypton Market, its ability to adapt and resilience.

No one can deny the "power" that Bitcoin and its intrinsic Blockchain technology embodies in the "anonymity" of transactions; before the slow legislation in the American Continent on what to do legally with cryptocurrencies that is indirectly proportional to its adoption and growth in our continent bathed from north to south by economic and socio-political events that invite us to take advantage of the possibility of handling money " legislated "and" anonymous "opening enormous opportunities for" the good guys "as for" the bad guys "

One of those opportunities has become evident in countries like Venezuela occupying worldwide first positions in terms of exchange, adoption and usability. This is where the magic of the Crypto Ecosystem, Bitcoin, Blockchain and the Altcoins lies; the real possibility of accessing electronic means of payment from outside the World Bank and governments, through a simple Internet access, almost instantaneous transactions and very low transaction fees with respect to traditional banking.

However, the Criptomercado is hijacked by Bitcoin more than 3 years ago in a model called beta between pairs, which is when 2 assets have a direct correlation of valuation. This phenomenon causes for example that many cryptoactives that have no technological relationship with Bitcoin but with Ethereum lose value if Bitcoin loses and likewise the beta relates to ETH with BTC so they do not share fundamentals.

How does this relationship break? an interesting question that can be answered in the same way to look for an exit to the current trend of the Crypttomercado:

 

Adoption and Usability

The day a cryptocurrency is used as a means of value exchange for products and services in the real world, because a community trusts its Crypto Ecosystem and defines it as money, when we understand that the only cryptocurrency is not Bitcoin, we will release the true power of all those who still sleep waiting we give an opportunity!

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derwin25
derwin25

I like to look for new method of passive income.


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