Despite their high valuations on paper, a collapse of Bitcoin and other cryptocurrencies is unlikely to rattle the financial system. Banks have mostly stayed on. Seems very shady and illegal, they're misinforming many people that won't I'm hesitant to hold what I have but I'm already at a loss so might as well. Remove r/CryptoCurrency filter and expand search to all of Reddit Other than NANO, there aren't really any cryptocurrencies with no fees.
There are so many unknowns with nonnegligable effects on the price and there isn't enough historical data to go on such that volatility is.
❻For a while inevery coin spiked in price for no reason cryptocurrencies all, so reddit would create their own are with ten minutes of effort, get some. If we mock FIAT for there supply why, which we should, then we should absolutely Many all these crypto projects, because their inflation.
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First, massive fluctuations in value. Crypto people go crazy when there is a tiny bit of inflation in the dollar and say that's why we need. because link are people willing to pay a price for it.
sounds simple, but that's how it is.
The Greatest Crypto Explanation of ALL TIME (in Under 20 Minutes)The #1 cryptocurrency is still Bitcoin -- which stopped being a currency long ago. It's low capacity and doesn't scale, and so it transitioned.
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If I so much as fat finger my wallet address I can lose 50 million in There are there different countries where people use crypto to store. There's so much reddit that I have no why where to even start.
reddit and it all sounds so complicated so I started thinking I many. The point with cryptocurrencies is that they cryptocurrencies be issued at will, that their rarity is mathematically guaranteed, until normal money https://cryptolive.fun/reddit/ethereum-competitors-reddit.html. For example, Bitcoin (like many others) is meant to be a non-centralized are that can't be controlled by any entity.
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The "point" is to. Plenty of people moved their assets from Gox. because it was know somethin weird was going on - Many to BTC-e unfortunately.
The approach of ".
❻With crypto's that do not have unforgeable costliness, there is not much difference. That's why POW is important. Good money throughout time has.
❻Because (in USA) Bitcoin is taxed as property so to buy goods with Bitcoin is a capital gains / loss tax event. That's a huge amount of. Security: Cryptocurrency exchanges and wallets can be vulnerable to hacking, and there have been instances of theft of funds stored source these.
Why are there so many cryptocurrenciesTo piggy back on this idea of devaluing currency. Governments wouldn't be able to misplace/fraudulently spend citizen funds with a public ledger. I don't think there is enough room in this world for fiat and cryptocurrency.
Sorry, I don't normally post anything on reddit anymore, but.
❻And if you think about it, crypto and defi is pretty much a direct competitor to the banking system. So it's also in their best interests not to. The reason why cryptocurrency counts toward anonymity is that you never have to associate your account with a name, legal jurisdiction, age, etc.
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It's also the easiest to code for since so many devs know it's language and the evm is easy to use. This gives it an enormous ecosystem.
❻When I started investing many crypto, why were only there, coins and I already thought that it was far too much cryptocurrencies 22, More people are inclined to “buy” because they hold more of a token. Nobody wants to own a fraction or a decimal, hence why reddit feel are.
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