China Yuhuan: the transaction by the legal tender currency to currency trading, the dollar standard to a standard currency during this period is the progress of currency City
Preface: stable currency USDT last month announced its dollar peg, USDT being questioned following last year, the dollar reserve deficiency mine after the explosion, Tether official website and deleted dollars linked to the dollar before it is fully supported by a statement by the hundred percent will become equal to other asset substitution, and these other assets include: current assets, long-term investments, fixed assets, intangible assets and other assets. Stable currency instability, but it is a very good sign, meaning that there is a growing market of digital currency to the dollar standard coin standard, the shift from legal tender currency trading currency trading, currency market will one day be able to become truly digital currency to prop up the market, digital money is the future.
Yuhuan remember there was an article written on monetary inflation and deflation, the traditional currency is the currency type currency, while Bitcoin early late that inflation will move towards deflation, that is to say a bit more money to get more valuable, this that is why the currency has been in a bit on the throne. Bitcoin will follow Yuhuan put it not new, has begun to enter puberty, many people are seeking ways to define Bitcoin, there are many people looking for ways to Bitcoin in black, because now Bitcoin is a go centralized digital currency, without any government or agency can issue its intervention, the unlimited potential of Bitcoin.
3 days before digital currency mining is playing as "out of enterprise", and then rise another round of vocal opposition, Bitcoin than "certain countries" consume more energy to see this kind of news a lot, and is a regular time to time push. Really energy it? Now it seems to be the environmentalist community, travel to green transportation, green shopping bags for shopping, decoration to green recyclable materials and so on, but now much noise so fierce environmentalist has become a "radical environmentalists", the traditional currency the currency type policy making money becomes cheap.
Bitcoin current financial system should be a relatively sound monetary currency as a financial system should not be concerned about how much power is wasted, but will change the structure of our use of money, present and future will not pay for our impact way, micro-channel pay Alipay we will find it convenient, then transfer transaction on the block chain is not it also have the same purpose, but also a wider range of payments, international cross-regional, is still very low fees. Bitcoin as a sound currency extended over time to encourage, encourage investors to human activities required to achieve sustainability and efficiency technologies. Bitcoin provides a neutral, perfect money substitutes, due to restrictions on their release so they are in deflation, which is beneficial to the environment.
From the previous legal tender currency transaction-based currency trading to the current market-based currency, Yuhuan point of view is considered in progress, indicating that digital currency is gradually being recognized by people, as has been criticized recently about energy consumption issues electricity consumption waste in fact there has been no mining at the very beginning, why start using mining waste from the power of those but was eyeing yet. Investment risk entry need to be cautious, investment is also a continuous exchange of learning place, immune in this market is not possible, Yuhuan hope you can find a place for themselves in this market, also hope to give investment Yuhuan those reminders and directions.
Text / China Yuhuan