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Useless article...completely empty !
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Na Veeser QzU0
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SHOULD WE INVEST in CRYPTO ? In addition to initial coin offerings (ICOs), there are many new types of blockchain investment products, from decentralized finance to non-fungible tokens. Those who have not yet invested in the digital currency space may won der if there are compelling reasons to start…. 1) By removing intermediaries and trusted actors from computer networks, distributed ledgers can facilitate new types of economic activity that were not possible before and this makes for an attractive investment… 2) Another common reason to invest in crypto is for a reliable, long-term value. Unlike fiat money, most cryptos have limited supply. This makes it impossible for any political body or government agency to dilute their value through inflation. 3) The crypto market is dominated by speculative trade. Skeptics, like Warren Buffett, Bill Gates...have warned of a potential crypto bubble. New investors should be wary of falling into psychological traps such as herd instinct, Fear of Missing Out, or the Greater Fool Fallacy ! Since cryptocurrency does not rely on a central intermediary, it falls on the user to safely store the cryptographic keys that control their blockchain address ; theft remains one of the most common threats to cryptocurrency users, and hackers have stolen tokens worth billions of dollars from exchanges, wallet software, and ordinary users. In conclusion, the blockchain space is frequently described as a transformative industry with the potential to disrupt the world. Mastering the complex security protocols and thoroughly researching their new investments is key…
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