Currency is a kind of investment, it has no longer stressed that countries have already mentioned in every file more than once the currency is defined as a commodity, investment or assets, if today, do you still think that the currency and other mainstream encryption currency is a scam or pyramid selling, you may really need to take some time to learn carefully, what exactly are these things?
Despite the above definition is not entirely accurate, both at home and abroad and concluded that there are differences between different countries, but we think the goods is defined as a result, all people can accept and in terms of the development level of the industry at present, we seem to prefer to define it as a product, one does not rely on a centralized company released product, this product can be used for cross-border payment intermediaries, can also be used as a store of value, is also the tool of investment profit,
So compared with traditional investments, which fundamentally different COINS have on earth?
The fundamentals
In the latest general meeting of shareholders, buffett ever give COINS under such a definition, he thinks that the currency is something against humanity, while Mr Buffett's language some extreme, but if according to his logic analysis, the currency against humanity's biggest characteristics should be hidden in the fundamentals of the currency, which is also referred to by the whole industry the most point, decentralization,
All kinds of investment has a traditional credit endorsement, and this is usually a highly centralized credit endorsement and both countries, the stock exchange, there is always a party support behind the whole deal, made an example of stock, stock is the law and the state to do behind the guarantees, securities exchange is responsible for the audit need to be listed stock, the status if there is a fraud, securities exchanges should assume liability to pay compensation, usually in the stock market and the trading of stocks, the representative of the company's assets are usually behind the national securities trading association or provide credit endorsement, guarantee that you buy is not a simple string of data, for foreign exchange trading, the behind represents each country money, if you participate in with leveraged trading tools but not real cash to buy, then your money will last and settlement with the rest of the money do support,
But the currency is not the case, a lot of people think that the currency is the biggest cause of fraud, but also because these people are of the opinion that the currency back doesn't have any real support, normally do is thought to be so, but we are in a previous article also analyzed with everybody, the bottom layer of the currency is actually have a physical support, deep web is physical commodity trading and mining cost, more and more linked to the currency of the asset is also a physical, here is simple, don't skip the table, interested friends can go to take a look at our previous articles, we can only say, in the eyes of most people, the currency's against humanity, is that there is no centralized institutions to provide credit endorsement, no credit endorsement can produce COINS how credit, or how to make most people recognize the value of it?
The currency of the credit have been written in its early operational mechanism, using mathematical encryption algorithm to ensure the safety and not been tampered with, it was like a bank to open the door, said to all the people we don't charge, and we are here to remember the money in the account won't go wrong, do not believe if you can come in to check at any time, the rules are written, do not change, as far as security is not safe, you see, these are all read white paper currency, understand the spirit of the currency and experts proficient in mathematics cryptography mutual recognition and can check rules, any people understand the principle of the currency will also understand that the currency would have in their own system to prove to everyone that everything, this also is we often say, math on the sense of security, the transparency of the whole system is built by the cryptography and mathematics, and people make mistakes, but mathematical calculation can't,
Along this view, we can elicit COINS and other traditional investment second difference, on the surface of the basic rules in mathematics and cryptography way out of the currency amount is 21 million, at the same time not tampered with, not a rights issue, the process is irreversible, immutable rules, are already using cryptography and math set, we often hear the phrase, mathematical sense of security, security is better than centralized authority, the same is true,
Traditional investments, although there is a centralized organization endorsed, but will not be able to avoid fraud, fraud, and wanton issue, whether the currency, stock, foreign exchange, commodities, are faced with the risk of unlimited rights, and the transaction process is not transparent, opaque, total for most of the people, we know that this may not comply with their familiar sense, it may also be buffett would like to emphasize that the currency against humanity in a bit, however, drain the securities company audit, foreign exchange platform for fraud, currencies more big background, it may be time to sink down and think about it, what's so bring us more sense of security?
Current level we said just now, we can put the COINS as a product, a is used to solve cross-border payment and store the value of the products, is the product has the valuation, valuation involves the circulation,
Compared with traditional investments, COINS there is essential difference between the flow range, the currency is a global investment, can the free circulation in the global scope, it refers to transactions between private, traditional stock, securities, foreign exchange is difficult to do this, two simple examples, assuming you have purchased a shares or stocks, when you want to transfer, you can only be sold in the local stock market, then realized by the securities company dealmaking, assume your friend wants to buy stock from your hand, no matter purchase size is big or small, must have a third party involved, between you and your friend can't realize point-to-point exchange, this is one of,
Secondly, apply boundary problem, either monetary or stocks, has applied the boundary problem, this limitation is actually talked about the direct impact of the first point, that is to say, I participated in the a-share market investment, the value of recognition is limited to areas in China, not only can't send any one person I know, there is no way in other parts of the world the right to receive cash, just stay in paper wealth forever, when you want to cash in return for other currencies, and could face heavy withdrawal limit or foreign exchange control, and the currency would not have these concerns, at any time you want to open Localbitcoin or local exchange, at any time will be converted into cash, there are a lot of COINS from around the world, distribution of ATM, can also help you at any time change money into COINS, COINS or convert into local currency,
This advantage and efficiency is a lot of incomparable centralized organization, the international organization for t/t swift communication of the finance between round-the-world bank (association) takes a long time, can be in a new country to find the right agent to complete the international cross-border remittance business, and the currency, said I'm sorry, our agent is the world of participants, free and voluntary, the fact is, the use of the currency, has exceeded the scope of application, swift
Psychological level finally here to discuss the difference of the psychological level, the currency is a kind of amazing investments, his real participants (here not involving encrypted digital short-term speculators in the market, because speculators psychological state from all over the world are the same) mentality, and investors in the traditional investment field exactly the opposite, this is also one of our very interesting phenomenon observed,
In the field of traditional investment, investors, is the feature of low investor confidence is infinite, watchers unlimited confidence is high, how to understand this sentence? You can think about it, whether it's now the a-share market, or the performance of the real estate investors is that when you are outside, you will have confidence in the market, every time want to go in making a money, not to buy a house of people believe that house prices only rise not fall, and during this time, when you become the holder of an asset, your mind will change, just earn a little money, you'll want to, the value of the assets is too high? If you are a lot of houses to the landlord, trimmed in house prices is only the case, your valuation of house prices will be much lower than the potential investors to house prices average valuations,
In COINS include other encryption monetary investment, by contrast, in the field of currency investors, investor confidence is high, infinite watchers panic infinitely high, holds encryption currency positions of investor confidence, mostly position information increases, more fell more buy, unlimited confidence is high, and on the sidelines, watching the price fluctuations, but are reluctant to invest a dime to enter the market, neither was willing to learn, and not willing to give up the attention to the market, prices fall, they shouted loudly it to the end of the currency, rising prices, than who are afraid of his missing a perfect investment,
Appear this kind of differences are the root cause, the currency has a set of logic and philosophy, and other investment does not have to say so, of course, that sounds special illusory, but it also is the fundamental reasons of this phenomenon, at the same time, the whole market speculators, high turnover rate, the fluctuation is large, these are the performance of the industry or market in the early stage, and it is these characteristics and psychological state, make the COINS in the global scope increasingly tend to be a perfect value storage tool, it is any investments, don't have the advantage of,
Investment logic and more advantage about the currency, you can be found in more articles, the above three points is also optimistic about the main cause of the currency, which is the mainstream investment and the most essential differences in the currency, if you are a serious investors and has to enter, so you must among bullish reasons, tell us,
You the most recognized COINS, whether the above which point?
Author hold COINS, etheric lane and other encryption monetary investment position, all views are the personal opinions and does not constitute investment advice,
Here today, in the hope that we can learn more knowledge here,
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