What is the purpose of currency global (currency hot)
What is the purpose of currency global? What is the purpose of currency global?
What is the purpose of currency global? What is the purpose of currency global?
Currency Global is an alliance composed of companies, governments, and individuals from around the world. They are responsible for issuing and exchanging digital assets. These companies can use US dollars or other fiat currencies as a medium of exchange.
One important reason for this is that bank account holders receive corresponding rewards and a certain amount of interest. However, this payment system is inefficient and costly, and using this payment system requires a lot of fees. Therefore, in terms of economy, currency is a very useful thing. (Note: Currency refers to a specific type of economic rights owned by a country or institution), but its essence is not like that. The core function of currency is to enable people to exchange goods and services in a simpler way, while reducing transaction costs and risks.)
In a sense, Currency Global provides a solution for those who do not have bank accounts. Because only when someone knows that they have a bank account, will they start considering recording it in the public ledger, which means that everyone has a trustworthy way to deal with funds and other related information in their wallets. So for those who want to send their assets to private accounts via email, this is a very powerful tool!
So why do we believe that blockchain technology has great prospects? The main reason is that it can solve some problems in the financial field, such as exchange rate fluctuations, and now most people’s understanding is not completely consistent, and even some people think that the technology of blockchain has been proven to have certain value.
However, the future of currency is hopeful, and it may not be as crazy as imagined before, because blockchain technology itself does not have the functions and attributes of currency. Bitcoin is not perfect, and its design concept is very simple, just to facilitate everyone’s quick understanding of bitcoin and thus increase the price of BTC. The development direction of bitcoin still depends on its ecological system.
Currency hot
Huobi Global Market shows that the price of HT fell below $1 since this morning.
CoinMarketCap data shows that currently, BTC accounts for 0.18% of the total supply of Ethereum in circulation; the second-ranked is USDT, with a market value of $3.13 billion; LTC has a 24-hour increase of 11.4%; EOS is temporarily priced at $2.5. According to BitUniverse quantitative analysis, the ETH/BTC market fluctuates greatly, so please prepare for risk control. (The above data is from Huobi Pro)
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