New perspective of digital currencies
The second decade of the 21st century has changed the world of financial assets beyond recognition. In the first years of the millennium, users were surprised at the communication possibility on the Internet. Installing a special program on both computers, being in remote corners of the Earth, it became possible to transfer files and messages not depending on telephone and postal operators.
Now the network is used for transferring cryptocurrency — information blocks are equated to e-cash. Money transfers go to any part of the world, bypassing banks with virtually no commission. Enterprising companies have set up online exchanges for trading digital currencies for various national money.
The first cryptocurrency — Bitcoin, set the standards for a new economy:
-Absence of any influence from outside
-Anonymity of ownership and transactions
-Open network code, mathematical rules of emission
The capitalization of the digital market of $ 400 billion is a trickle, but in 2018 the exchanges will open floodgates for big capital. Therefore, the outgoing year gives the last chance to have time to participate in the establishment of the digital economy era. Demand for the cryptocurrency led to an excessive supply increase. The Internet was flooded with over 7,000 sites offering to buy or sell cryptocurrency, and hundreds of exchange offices ready to trade digital currencies for any national money.
Companies that organized digital exchange and trade were outlawed for a long time, which at the stage of cryptocurrency formation led to bankruptcies and scandals that were difficult to resolve legally. It can not be said that since the first trade, held 9 years ago, the market of cryptocurrency has finally formed. China, which accounted for 90% of the turnover, banned cryptocurrencies. South Korea, the successor of exchanges from Celestial Empire, works towards making the same. The opposite of these two countries was the actions of Japan, which “gifted” the first “astronomical takeoff” to the Bitcoin quotes. The Land of the Rising Sun is the only country in the world where part of the cryptocurrency is legal, and the exchanges operate under a state license.
But whatever the stock exchange is chosen by the novice user, the first steps in the market of cryptocurrency begin with the wallet opening. Digital cash will always be online, it can not be withdrawn from an ATM, as it is done with conventional money. When choosing a cryptocurrency wallet, try to avoid complex designs and “deep diving”. Do not try to “hide” your private bitcoins on a USB flash drive or download the entire blockchain to a computer, waiting for an update, whenever you want to make a transaction. Private Bitcoin must be fully authentic with real money. The wallet should be “easy”, available in the web version and it is desirable to be able to output cryptocurrency offline.
The e-wallet Bitupper is an adaptive solution for the investor and the one who makes money on Bitcoin speculation. Bitcoin can be spent in stores and offline trading networks, since there is a Bitcoin card. A mobile application that includes graphs, statistics and access to the balance, allows you to “be in the market” for active speculation. Separately, these functions are offered by other “classmates” of bitupper, but there is no such united service due to the fact that the perception of digital currency by developers is detached from real life.
The team of Bitupper knows that the future of the currency has already come.
◒ ◒ ◒
