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RE: The bitcoin economy explained from my perspective
Exactly, in the case of cryptocurrencies, the value is given by several factors, among which are credibility, acceptance, utility, and supply, which directly influences the buying and selling, which will end up giving it a value in the world of finance.
Wow sorry you have reason bro thanks
We must remember that cryptos are digital currencies and that unlike paper money, which is backed by gold in the vaults of a central or federal bank, it is supported by the trust and investments of companies and people who acquire it as a way to protect a capital or, in an almost immediate buy and sell operation, to increase a capital. Of course, this market is very volatile and the risks are very high, generating large profits as well as risking large losses.
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Debemos recordar que las criptos son monedas digitales y que a diferencia del papel moneda, el cual tiene su respaldo en oro en las bóvedas de un banco central o federal, A ésta la soportan la confianza y las inversiones de empresas y personas que la adquieren como una manera de proteger un capital o de, en una operación relámpago de compra y venta casi inmediata, incrementar un capital. Claro está, dicho mercado es muy volátil y los riesgos son muy elevados, generando grandes ganancias como tambien arriesgando a producir grandes pérdidas.