Bitcoin, ether, ripple, cardan, IOTA and a thousand
Encrypted coins suddenly arrive at fabulous dates, fall precipitously in a few hours and return with the same vertigo.
In this roller coaster, drag the heart and stomach of those who have decided to deposit our fortunes in this new financial roulette. The phenomenon now begins to cross new frontiers and breaks into geopolitics. Countries that seek to avoid sanctions appeal to the promise of cryptocurrencies, such as Venezuela, which has already launched the petro.
What are they, what are they for and what are the benefits or the dangers of those cryptocurrencies, which were born a decade ago, but which, for a short time, have kept the world in suspense? Bitcoin is the star of cryptocurrencies. It was created in 2008 by Satoshi Nakamoto, a mysterious identity that nobody knows whether it corresponds to an individual or a group of people. The incognito responds precisely to the philosophy that supports a virtual currency: to propose a completely decentralized currency, without control of States, companies or people.
The system has an additional advantage. Like a gigantic accounting book maintained by thousands of independent computers, in the blockchain nobody is in control. It was designed in that way explicitly to avoid central banks and financial institutions.
For this reason, many governments like the Russian, the North Korean or the Venezuelan are determined to try the experience and take advantage of the promises of the virtual currencies: new types of money that will allow to escape from the almighty dollar and new financial infrastructures out of the control of all central authority. The cryptocurrencies appear as an ideal instrument for a country subject to financial sanctions.
At the moment, most governments do not know if they should bless or curse virtual currencies. In September, Estonia, which at that time chaired the European Union (EU) on a rotating basis and hosted the European summit on cybersecurity, announced the launch of its cryptocurrency.
Beyond the previously mentioned, DeepOnion in my opinion promises to be a safe project, to which any individual who thinks to invest in cryptocurrencies, should think about doing it with the Onions. All its characteristics, advantages and others make it attractive to the eyes of people. It is a matter of time for DeepOnion to be in everyone's mouth, and with this, to get the onion community to expand throughout the world.
Official website: https://deeponion.org