Digital Economy: Why is BITCOIN Rising So Much? Today with all the history we have of the Digital Currency Bitcoin. Since 2008, being that Bitcoin is one of the most volatile assets in the financial market, that is, its price changes constantly, quickly, several times a day. It reaches the apse of sometimes varying up to 20% (twenty) within 24 hours.
Digital Economy: Why is BITCOIN Rising So Much?
What is Bitcoin, anyway?
What is Bitcoin? Bitcoin is a digital currency, decentralized and that does not need third parties to function. This means that you do not depend on banks, large corporations or governments to move your money. With Bitcoin, the money is really yours. Bitcoin was the first cryptocurrency in the world and for eight years it has been running without any interruption, based on an extremely secure decentralized network called Blockchain created by Satoshi Nakamoto.
- Sub-Unit: satoshi
- Used: World
- Administration: Decentralized;
- Symbol: BTC, XBT, ₿ (U + 20BF,)
That Bitcoin is a digital currency, created through cryptography, and that it does not exist physically, most people have heard of it.
The question that doesn’t want to shut up and leave everyone wanting to invest in Bitcoin. What happens so that a completely digital asset is in fashion and valuing so much?
Do you remember what the world was like before the internet or smartphones? The internet through social networks gave everyone a “turn and a voice”, just having a Facebook account, for example. This way, you can already get in touch with any person, personality and or state ruler! With a simple Facebook account, you can leave a message on the profile of the President of the United States of America, or for the President of the Federative Republic of Brazil. Jair Bolsonaro. Yes, even from a famous artist.
The instant messaging apps made people panic if they didn’t have an answer via WhatsApp in 05 (five) minutes, and it doesn’t even remind us that until recently we sent email one day, to receive the answer the next day. .
Let’s see, they’ve killed so many emails but so many times that I lost count . However, try to make any registration on the internet … without Email. Impossible.
What are the advantages of Bitcoin?
No Bitcoin can be confiscated, you can send it to anyone you want by paying lower fees. In addition, it is secure and gives more privacy, control and transparency in negotiations. However, Bitcoin can also be used as an investment so you are looking to diversify your equity for better earnings. Bitcoin has brought excellent returns and the trend is that it will become more popular in the long run.
But what is the purpose of going back to the beginning and explaining the reality of the internet today for you and me?
The objective is to present the size of the change in people’s lives, yes you and me with the arrival of the Internet. Today we have Uber, Uber Eats, 99, Ifood. I mean that the same change that happened in people’s lives because of the internet and the smartphone, will happen with money.
The precursor to it? Bitcoin! That is why its tendency is only to appreciate, in a scenario where even Facebook launched its digital currency: Libra.
Cryptocurrency technology uses Blockchain, an innovative and decentralized system for storing and transferring information, much more reliable than any other, since the records are made on countless computers around the world at the same time, with no chance of being circumvented or reversed.
Use of this Technology in Brazil
It is no coincidence that banks are starting to use this technology in Brazil, to the point of uniting Banco do Brasil, Banrisul, Caixa, Sicoob and Santander to create their own blockchain that allows transfer between these banks and their account holders, as Bitcoin does today.
Create your own blockchain
- Bank of Brazil
- Sicoob and
And you still have doubts that the money will change?
I think we are in the 21st century, still taking care of the money with the head of the last century! And what else can change in a matter of time? Communication has changed, money is changing. Soon we will be introduced to the problems of Electric cars known as a Transport in a 100% clean and sustainable way.
A Great Innovation
Of course, denying and neglecting that the first auto engines were, yes, electric! Why not, to our generation that struggles so much against, but 100% digital education, online sales of things that we can’t even imagine yet, and companies today without expression will be global development leaders.
The 4G network created a revolution on the internet, today we have APPs and websites for everything! Much of this, because speed and access are as they have never been before.
How far can the 5G network and technology take us? Do not know! Who says, kick! But don’t bet! Clarity of the information we have, are you sure? no! Forecasts are always predictions. We can good base story kick many things. One is that Global Warming does not exist! But everyone believes otherwise. Guilt belongs to the weapons and not to those who shoot. The culprit is the Disposable product.
- Disposable Cup,
- Disposable plate,
- Disposable Cutlery,
- Disposable Straws,
But it’s never my fault or yours! From the company that has no obligation to recycle the material it produces. But the ruler being absurdly populist. He says that the fault lies with plastic and banishes the disposable forever. For some friend, cousin, nephew, brother-in-law or even the Wife or the husband. Do you have a company to “end the problem” and the People? Accept! for lack of Knowledge.
So is technology to blame? the type of currency used? The gun? Is the fault of everything being dirty in the world of plastic? but not from the people who throw any garbage in the place closest to them. (Of course, other than your own home. I hope.)