Why believe in cryptocurrencies?
Believe or not in cryptocurrencies is one of the most relevant issues today, because this is because the concept of cryptocurrency has been controversial in recent years, since not all economic experts accepted to consider these new currencies as such. A cryptocurrency has the same function as a conventional currency, only it is not physical. And the way in which it operates is also different, and this is where the biggest arguments come up. Since they work with a decentralized system, they do not have tertiaries that control it like a bank. And for that reason, for some it is not convincing. But they have great advantages, like that the transactions with cryptocurrencies are instantaneous, they hide the identity of the user and they are safe because they can not be reversed; They can only be reimbursed by the person receiving the payment. The system promotes transparency and unique records. Transactions with Bitcoins are subject to operations and are exempt from VAT. It facilitates international transactions. Also its use, being anonymous, becomes a source of tax evasion. But will these characteristics be necessary to believe in cryptocurrencies and, above all, to know what future awaits them?
As December was a frantic month for Bitcoin, the cryptocurrency hit a record high of $ 19,769, then dropped to $ 11,590. Although I could continue the ups and downs of Bitcoin. But there are still many reasons to believe in cryptocurrencies, because the world continues to evolve at an incredible speed and those that will succeed in the future are the ones that adapt to these changes, BitCoin is just one of them, but it will surely mark a very point important in the way we are going to manage our money in the future. Well, one of the concerns that most people have is whether their money will really be safe, and with Bitcoin they can have total control of our money. What gives people the greatest confidence.
The Cryptocurrency is not regulated by any government and its value is subject to the trust of its users, that is, everything flows according to supply and demand, this is what makes its value possible. The difference between the payment systems that exist in the network is precisely that in existing ones, payments are made through private networks such as credit cards and banks with real currencies, while in cryptocurrencies they are made Through the public network, which eliminates intermediaries and therefore reduces costs, making the transaction between a buyer and seller more agile. The programmers of these currencies have made it almost impossible, through different mathematical algorithms, to affect the security of these transactions; However, this security has also led to the existence of a limited number of these currencies in the hands of few investors, which reduces their liquidity.
It is evident that the cryptocurrencies will continue to advance, provide comfort and is available to everyone and is what we are looking for today and will continue to look for. The economy has always been a problem for everyone, but with cryptocurrencies this will be a system that will no longer be "economic" (scarce), but a system of abundance.
