There is a crypto money type on the market today according to my meeting. Some of these are: Bitcoin. Ethereum, Ripple, Litecoin, Line, Monero, Neo, Humidity. It's because they are registered on the computer system to be virtual. Like the dollar, it is not found physically in print like the Euro, like the TL.
There is no value derived from the value of the mines or the state, such as paper money, as crypto money is assessed. The reason is that they accept that their users can change them, or that they are negotiated as a commodity. The value is determined on the market instantly and in terms of demand, just as it is in other currencies or commodities.
Superiority of Crypto Money
The most significant advantage of crypto money from real money is that it is not influenced by the economic situation of any country since it is not connected to the central bank of any country. Moreover, it is not a question of confiscation of accounts opened with crypto money or confiscation as a result of the fact that it is not known to whom it belongs and it is not supervised by a central authority.
Where is the danger?
The greatest danger to the crypto paralysis is the possibility that the use of these funds is banned by the state because it is open to monetary transactions, or the demand for the naming of accounts as in the case of Swiss banks. When this happens, they may face very large depreciation and even be worthless.
Thanks for reading .. @hitwill