4 thoughts on “wholesale jewelry louisville Is Bitcoin a credit currency?”

  1. stainless steel jewelry wholesale suppliers Bitcoin has no one to guarantee its value so far. It is a virtual currency without any actual credit support. Its real value is that when everyone believes it, it is valuable. When everyone does not believe it, it does not believe it. It does not believe it. It's worthless.
    of course, its selling point is that the hype "does not inflation", but a limited number of currency does not definitely not inflation, because the original price can be changed at will when people's confidence cannot get any guarantee, which is equivalent to equivalent It means that inflation changes that can be controlled as difficult to control as any currency.

    Callowing at least the value of decoration and metal function when gold has no currency function, and then you can re -become a substantial currency in any society where there is a currency existence.
    , although any pure credit form belongs to a limited number of virtual currencies, whether it is the banknote of a certain country or the so -called electronic currency, it must have a certain amount of substantial wealth value in injection to get reality when they can start reality. Credit guarantee and assignment in form can have real credit value. Any so -called credit currency that lacks this kind of injection value process is 0 credit currency.
    Is as long as Bitcoin does not have any social entity (such as a government government) to inject actual value and make formal guarantees for it, it will always be just a nominal currency that legal credit is equal to 0. Any country can adopt this type of electronic currency to improve the counterfeit function and other management functions, but this pure electronic currency itself cannot be separated from the attributes and forms of a credit currency itself. It can be managed to issue this form of existence of electronic currency, but this does not mean that the US dollar and the RMB itself can be separated from a actual credit guarantee form and assignment process to become truly valuable currencies.
    Any certain amount of currency can be diluted and depreciated by diluted and degrading by other more numbers of "nominal currency assigned by the same amount of wealth". Use; and in another logic, any fixed amount of credit currency's dominance value can also change when the amount of wealth assignment in its reality changes, when it is abandoned by the original credit supporters, it is abandoned by the original credit supporters. At the time, the credit rights of the actual wealth value also ended. For example, a country with basic bankruptcy in economic expenditure, even if its currency is fixed, will fall into the bottom, because its currency itself has lost its original normal normal normal normal normal normal normal normal normal normal normal. The right to dominate the quantity. And when a currency has not yet received a formal political entity in the legal form and process, its value can only be empty.

    This above is only for some mentally handicapped characters that may be trapped in the financial scam. People who do not understand should not participate in the hype and avoid losses. As for specific financial knowledge, many experts actually understand that the existence of credit currency such as bitcoin is a relatively new electronic currency. Many people want to observe what specific reactions will be in their actual social actions. It may cause adverse negative effects to not cause much vigilance.

    Reference: Bitcoin: So far = so far

  2. trendy boutique jewelry wholesale Is Bitcoin currency? Is it a scam? Is there a bubble?

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  3. wholesale jewelry show in kissimmee I think it is not a credit currency. It does not have a subjective currency issuance authorities. The stability of its value depends entirely on people's speculative psychology, but it is the most perfect currency in the eyes of many economists. Gold and Gold Represents the past Bitcoin represents the future, but now it has become a speculative product. In short, I think it is not a credit currency

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