A digital currency is a new and emerging phenomenon that has a history of less than a decade. This emerging phenomenon is rapidly opening up its place in the world of economics and business, and individuals and governments are gradually becoming familiar with it. Digital currencies are encrypted currencies that are not controlled by an entity or government. And in fact the set of people who use them make up the system. But at the same time they have high security in the field of storage and transport.
The first digital currency that was unveiled was Bitcoin, which Satoshi Nakamoto created. This was the first and most important digital currency. The smaller unit of this digital currency was called his name, Satoshi. Each Satoshi is 0.00000001 Bitcoin. There were many other digital currencies after that. But none of them comes to Bitcoin in terms of importance, credibility and value. Though these currencies could not be replaced by Bitcoin. But each of them has their own value and place. The most important of these currencies are Ethereum, Dash, Litecoin, Dogecoin, Ripple, Monero, Peercoin, Blackcoin, Primecoin, Redcoin, Bitcore, Bitcoin Cash and Bitcoin Gold (that are derivatives of bitcoin) and etc. Among of them, the Bitcoin Cash, Ethereum and Dash have the highest value. But their value is not even close to Bitcoin.
One of the reasons behind Bitcoin's high value is the limit on Bitcoin numbers. A maximum of 21 million of this currency can be extracted and can not be increased. So, one of the most influential factors in the value of digital currencies can be their number. In recent months, the value of digital currencies has grown very much. And it surprised everyone and international organizations. And governments do not yet know how to react to this new phenomenon in the economy. The more we move forward, the clearer the situation and the future, for the world of digital currencies can be imagined.
As we said earlier, in recent months, the price and value of digital currencies against traditional currencies, such as the dollar and the euro, have increased significantly, as the value of bitcoin has reached nearly $ 20,000 in a period. Although this wave has already subsided to a certain extent, and there is more stability in this field, But we can not close our eyes on this growth and ignore it. Whether we want it or not, digital currencies have become widely used today, and many people work and trade through them. Certainly, one of the most important factors in the application and value of digital currencies depends on the response of governments to them, and their positive reaction to this phenomenon can increase their value and application. As a negative reaction will lead to a decline in their value and function. Perhaps in the near future, digital currencies, and especially bitcoin, will replace traditional currencies and even be used for daily purchases. And finally, It must be said: you're welcome to the world of digital currencies.
By Pedram (Admin)
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