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Found 2 results

  1. I was reading an article that the Wells Fargo firm published a few days ago, where these indicate that users of cryptocurrencies tend to make "speculative investments", since the price of Bitcoin in particular only depends on the ambition that certain individuals may or may not have within the market In part they are right, since the price of Bitcoin is not associated with something tangible and therefore depends on the trust of people, however including all cryptocurrencies under the same concept is not acceptable, each one has more or less supports in which they develop their projects and therefore their value is not based on speculation, an example is ETH or XRP. "Investing in cryptocurrencies today is a bit like living in the early days of the 1850 gold rush, which involved more speculation than investment, "the report says. What's your opinion about it? You can read about it in: cointelegraph
  2. In recent weeks there have been certain news that have stirred, a bit, the opinions that some individuals associated with different governments from different countries have based on Bitcoin or cryptocurrencies in general, these news highlighted the fact that some individuals within national or world politics used cryptocurrencies as a means to make payments, transactions or simply save. Which reflects that many groups from large or small nations look favorably on cryptocurrencies, a recent example is that of President Nicolas Maduro who apparently pays loans to the Turks using Bitcoin another case is that of the Ukrainian councilor who declared 180,000 XMR that he has in his possession, or the recent Russian law that forced politicians to declare their assets in cryptocurrencies and it turned out that at least 38% have BTC and ETH in their possession. This fully reflects an indirect adoption of cryptocurrencies in order to satisfy some business need. What do you think about this? Why more and more rulers use cryptocurrencies but governments in general continue to maintain a negative or neutral position?
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