ceri wholesale jewelry Bitcoin has fallen below $ 30,000. Can cryptocurrencies really prosper for a long time?

ceri wholesale jewelry

5 thoughts on “ceri wholesale jewelry Bitcoin has fallen below $ 30,000. Can cryptocurrencies really prosper for a long time?”

  1. wholesale jewelry making supplies that come in bags I am not optimistic about cryptocurrencies, because cryptocurrencies are not recognized by most officials, so that the currency value will be zero sooner or later. We can analyze the advantages and disadvantages of cryptocurrencies. Then give a conclusion.
    The advantages of cryptocurrencies.
    1. Convenient transaction.
    The traditional currency needs to be affected by policies of various countries during transactions, and it takes a long time. Cryptocurrencies only need to trade on the Internet, and it can implement efficient transactions between different countries in the world and regions.
    2. Transparent.
    Ear currency is created based on blockchain. As long as people on this platform can see any type of transaction and check self -transactions. No other organizations and personnel can change, so he is more open and transparent. Based on his transparency, he is relatively safe.
    The shortcomings of cryptocurrencies.
    1. cannot be recovered.
    Cocurrency is a personal key to personal. If the personal key to the personal key is lost, then there is no way to restore their own data, which means that no one can access it (unless each program is cracked out, Hacker, this possibility is relatively low), that is, the loss of cryptocurrencies, no way to recover. This is not like our traditional currency. If our bank card is lost, we can restore our assets through various means such as reporting, but cryptocurrencies cannot be recovered like this.
    . The transaction is not regulated.
    The traditional currency is subject to state supervision, but cryptocurrencies are not regulated by the state. Most of the black -gray industrial chain uses cryptocurrencies. That means that if the cryptocurrency happened during the transaction, no one could go to the bottom and could only consider it to suffer. Because although his transaction process is transparent on the platform, he is still unsupervised, which is dangerous.
    . Market fluctuations.
    although traditional currency will be affected by the exchange rate, the fluctuations in this area are relatively small. Unlike cryptocurrencies, his price will rise or fall at any time. We need to prepare at any time to prevent changes. This risk is relatively large, and because he is not regulated, the risk is increasingly increasing, which also causes cryptocurrencies to be unable to prosper for a long time.
    Although cryptocurrencies are transparent and are relatively convenient for transactions, his risks are uncontrollable and fluctuated too much. So I think he cannot prosper for a long time.

  2. wholesale magnetic jewelry suppliers Of course, it is impossible. No currency can always be prosperous, and there will always be the process of falling to decline.

  3. savvy wholesale jewelry I think it must be impossible. These currencies may only be all the rags. They cannot stay for a long time. If they stay for a long time, the country will definitely be controlled.

Leave a Comment