There are actually a lot of similarities between virtual currency and real estate
Real estate, when an individual or company auctions a plot of land instead of having to borrow a lot of money from the bank, the pressure of construction time, completing the project, and having to pay high interest to the bank. . There's enough pressure and burden that can lead to bankruptcy.
When an individual organizes an auction for a plot of land, they will set aside a little money, they will hire a designer to draw a beautiful project, divide the plot and divide the commission to brokers or employees who take on that role. Calling on investors to buy each plot of land, painting a beautiful prospect.
So you can hold a huge amount of money, comfortably build and construct for 5 or 10 years without fear of having to pay high interest rates from banks but also without fear that after construction there will be no buyers.
Virtual money is the same, they give a name and then call for capital for a certain period of time, then pay an amount of their virtual money to investors. They use the investors' money to determine a value. given an amount of their virtual currency that can be redeemed, they release some to some traders to make their bets. Once they start trading, they can algorithmically control the value of that coin so they are always profitable, they pay money and tokens to investors who contributed capital according to the number of their cryptocurrency purchases. was fine. Some people considered their money to be liquid and began to decline, increasing from 1 to 3
