Who Control Cryptocurrency?
Assalamu Alikum
Hope everyone is well. Alhamdulillah I am fine too. We sometimes wonder who controls cryptocurrency? Every day the number of users of cryptocurrency is increasing and it is slowly becoming popular among people. In fact there is no ownership of cryptocurrency. However, many may wish to bring various important changes to cryptocurrency. As we know there are different coins of cryptocurrency. And constantly new coins are coming to the crypto market. The price of these coins fluctuates up and down. People who trade a large amount of coins naturally increase the price of the coins.
On the other hand, when the number of trades or users of a coin decreases, its price starts to decrease. So those who are basically big traders who have very big investments increase the ability to reduce the price if they want. Thus, even though cryptocurrency is decentralised, some people have their own power. These coins require different development. In that case a good quality developer has the ability to update it. Most cryptocurrencies are blockchain related So keep in mind that no one person has all the power of cryptocurrency In 2021, the value of Bitcoin was the highest. A lot of Bitcoins were discussed then. And its price continues to increase a lot. By 2022, its price is slowly decreasing. There are many other reasons for the price drop. As many people scam the crypto market. As a result, the whole market has a very big effect. So friends this was today's post. Viewing any new post.
Wonderful content from you, I mean sometimes it almost looks like someone is pulling the strings somewhere but I mean what do we know, for sure though world news affects it, that much is proven don't know though if someone is behind the scenes pulling the strings don't think so though as that would be bad.