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The "digital" will not be the new digital currency
10/2/2018 12:00 am [rtl]Which requires acceptance and stability Capitals / agencies The digital currency bubble burst, leaving behind what observers described as a convoy of fools whose pockets were punctured by losses, pointing out that what was happening was a correction in the market. The price of "Petcown" has witnessed a wild volatility since the beginning of the year, and increased views on the reasons for this volatility. But in the midst of speculation one point overlooks that these fluctuations in the price of "Petequin" mean that it will not be what it is intended to be, any digital currency. As Starbucks president Howard Schultz points out, the domain is available for digital currency, but it will not be "petecoin". The most convenient and cheapest in 2017 witnessed an unprecedented recovery of PeteCwin when it rose from less than $ 1,000 per unit in February to $ 19501 in late December. But it has recorded a sharp decline in the past few days, and the price on Monday less than $ 7000, losing two thirds of its value within two weeks, after joining Lloyds to other banks in saying that it will not allow customers to buy the home on their credit cards. The performance of other virtual currencies was not better. But observers say that it is clear that it may be part of the financial system once, but it will never be a real currency. There are many reasons to demand a currency of a new kind, which would be more suited to the requirements of the digital economy, which is increasingly interconnected than traditional currencies, such as the dollar, the euro, the pound and the yen. The circulation and circulation may be cheaper. Finally, governments or central banks can use them and move them. Value stability But the problem of Betcown is that it is a very volatile currency. This volatility means that companies find it impossible to accept hypothetical operations as payments. Its value during the period required to complete a transaction can change, so that its price can not be determined realistically. Of real currency characteristics that have a relatively fixed value, do not rise in real value or fall by 40 or 50 percent in a few months. Analysts are likely to be the new gold house, not the new dollar, the new euro or the new yen. It is a balance rather than a form of money, something that is invested as an alternative to conventional securities or bonds. This means that there is room for real digital currency, but it must be universally accepted and above all stable. But the way to this currency is still in its infancy, and the vicissitudes of the past days mean that it will not be KFHWIN or any of its current competitors.[/rtl] [rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=152519 [/rtl] |
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