The future of electronic currencies
Recently, electronic currencies have spread very much
Causing many countries to fear it
Many have tried to stop their spread
What do these currencies do to spread fear among countries?
In the beginning we need to know what these currencies are and how they have spread so dramatically
Electronic currencies are currencies that do not actually exist
But can be dealt with in the buying and selling
Via Internet networks only
And many are investing their money in it
Because of its enormous profits
Especially the currency of Bitcoin, which caused a stir in electronic currencies
And managed to rise to enormous values
in a short period of time
But many are afraid to deal with these currencies
Because it's unstable currencies
And the fear of many of it disappearance
Talal Tabba, founder of Jibril Network, said
Which he founded with both Yazen Barghouthi and Victor Mezrin
And was able to collect 30 million dollars
Through the ICO currency
we should not be afraid of electronic currencies
And he hoped that these currencies will be linked to the banking sector
So we get rid of these fears and stabilize them
Where he said
"Today, no digital currency deals with the banking system. Also, the central bank and all legislative authorities do not interact with digital currencies. "
"We know that it is impossible for digital currencies to become traded in daily life unless they worked with the central bank"
Where it differs from traditional currencies is the main cause of instability
Where conventional currencies are almost constant
But the most important feature of these currencies is the speed of their transactions and their huge profits
This is a major reason for its spread
Talal Tabba believes that in the near future
People will use electronic currency in all transactions
The biggest winner will be the people who initially joined these currencies
But the spread of money laundering and the drug trade has made many countries afraid of these currencies
Therefore, these currencies must prove their value until they are Recognition
where
"Talal Al-Tabaa believes it is impossible for digital currencies to become an essential part of our lives unless they are worth a little bit of value."
Where the values
of digital currency sectors amounted to 8 billion dollars a year ago and today amounted to 400 billion dollars.
This means a very high rise
"No sector in the world has jumped like this. Can this jump be repeated again? I do not expect that personally and I do not expect to see the same rise we have seen in the last year. "
What is the future of these currencies
The future of digital currencies is closely linked to state recognition
And the existence of laws governing these currencies
Investors' money must protected from cyber attacks and piracy
He talks about the future of electronic currencies and says
"Digital currencies are still in their infancy, and so far we have seen nothing of the applications and ways they can improve our lives. But I bet that within five years, digital currencies will become an essential part of our lives without us feeling that. Just as the Internet has become an essential part of our lives without feeling it. "
Source
Talal Tabba and digital currencies