The emergence of the cryptocurrency market has its foundations in 2008, with the creation of Bitcoin, the first digital currency. At the time of the arrival – or the apogee according to some – of Web 3.0, the crypto-currency market experienced a parallel growth in our daily life.
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SThe recent investment by big companies (Tesla, Paypal) increases confidence in these currencies, many people have a denial of them or lack of information about them. Here’s a roundup of what to know about the cryptocurrency market in 2022:
According to the Autorité des marchés financiers (AMF), a cryptocurrency represents: “virtual digital assets based on blockchain technology (block chain) through a decentralized ledger and an encrypted computer protocol”. This virtual currency can be used for peer-to-peer exchange of goods or services, independent of the banking system or any monetary policy.
Therefore the issuance and transaction of this currency is based on blockchain technology, which allows safe, confidential and independent processing. In fact, users themselves control the validity of anonymous transactions, by doing so-called mining, a process where they also generate gains in crypto-currencies.
How to diversify your investments
If the advent of crypto-currency seems to generate large profits and thus represents an interesting investment solution, it is necessary to accompany and ask to start while remaining cautious to avoid some scams. Crypto-currencies have many attractions by definition: save time and transaction security, anonymity, no fees or bank fees.
By their creative method, they are not dependent on the market and therefore not subject to inflation. They can be an interesting solution for diversifying one’s investment portfolio, especially in the event of a financial crisis. Linked to the principle of supply and demand, the values of the latter may vary, so it is important to know before investing in the internet.
Crypto-currencies: become a professional
The imitation linked to these currencies is accompanied by a significant need for recruitment in this field. With the number of users increasing daily, the need for cryptocurrency developers or engineers – to design, secure and implement blockchain projects – is growing rapidly.
The growing interest in these currencies also reveals the need for recruitment to support these investments. Training in marketing, communication, management or finance will allow, with good knowledge or training in crypto-currencies, to access consultant or trader positions. By visiting tokize.com, discover new cryptocurrency professions.
The recent Covid-19 crisis has contributed to accelerating the process of changing our society towards the dematerialized. E-commerce in France, for example, will grow by 15% in 2021 according to Fevad (Federation of e-commerce and distance selling). These new ways of consumption are usually accompanied by a desire to overcome some constraints, which can be seen in crypto-currencies (Ethereum changed its mode of operation for more ecological production).
We then witness, similar to the rise of virtual currencies in 2022 (there are several thousand of them today, with a total capital of almost 1000 billion dollars, of which two thirds of Bitcoin and Ethereum), the institutionalization of the sector that there is the creation of banks or states of the so-called more stable digital currencies.
States continue to legislate to regulate crypto-currencies and large companies (Tesla, Paypal, Mastercard) have recently decided – in addition to investing in crypto-capital themselves – to allow payments of digital money for hotel reservations, plane tickets, holidays, the purchase of a car or even some food business.