Digital currencies and their impact on global markets
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At present, most of our transactions are done through the Internet
Sales and purchase operations and others
All this helped more in the spread of digital currencies
Obviously these currencies
Affected by supply and demand
In the sense that its price is determined through
Quantity of supply and quantity of demand
All this shows that there is a great relationship between
Digital currencies and the global economy
Especially the massive rise of the currency of the bitcoin
In the last period
Where some consider it
That it will be the savior of the global economy
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The daily volume of the daily bitcoin currency is estimated at $ 3 billion
This has a significant impact on the big companies
If the currency of the bitcoin succeeded
China will be one of the most important countries
Which will achieve great successes
China contains 81 percent of the bitcoin mining ponds
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As we have known before
There are many people
They were able to get big profits
Of electronic currency
Such as former CEO of Mozilla "Brendan Eich"
Which managed to raise $ 35 million in less than 30 seconds
Therefore there must be censorship
For the supply and demand of this currency
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But digital currencies
Facing many problems
Such as non-recognition by some States
The spread of rumors
Greatly affects them
As happened in China
The cause of the disorder is very large
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The digital currencies are ruling the world especially the bitcoin which has raised its value recently is trending all over the world
Yes this is expected for the bitcoin currency as being the only savior of the world economy
Cryptocurrency will hamper banking system!! It's the great fear of different states.
So many countries are afraid to deal with them
Absolutely right