Is it ripe for one?The world as we know it is largely dominated by the rule of the fiat. Whether pegged on gold or oil and gas, economies live and die by the value of the fiat. The mighty US dollar served as a benchmark of all the world\u2019s fiat currencies in relation to their monetary values. But the fiat\u2019s inflationary nature makes its value cheaper by the day, as reflected on the price movement of commodities based on availability and scarcity, and the number of times and how much the benchmark currency is printed.The rise of cryptocurrencies, however, cannot be directly attributed due to the sagging of the fiat\u2019s purchasing power. As the Internet has provided mankind the opportunity to create anything into virtual realities, digital money is no exception. Just to be clear, the invention of Bitcoin as digital money gained nobody\u2019s attention as its value equated to the dollar is next to nothing. Decentralized in its core being, the world\u2019s first cryptocurrency was totally unregulated and highly speculative as an asset. Retail investment caused much of its wild and unpredictable market volatility throughout the first ten years of its existence.After constant media exposure, coupled with serious research and numerous studies, Bitcoin\u2019s traction began to set in. The creation of thousands of other cryptocurrencies is a testament to the fact that digital money can work on legit projects. Institutional investors began to march in by buying millions and millions worth of bitcoins as means to store a substantial part of their earnings, wealth, and treasures. Former staunch critics of digital monies came to regret their statements and their conversion to advocates are contributing much to the weight of value that cryptocurrencies are starting to have and to hold.Many cryptocurrencies, though, perished along the way. But those with strong\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Is it ripe for one?The world as we know it is largely dominated by the rule of the fiat. Whether pegged on gold or oil and [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3330"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=3330"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=3330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=3330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=3330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}