he is Bitcoin price surpassed $ 40,000 this Thursday It marked a new price climax. The increase in cryptocurrency has accelerated in recent weeks and accumulated in the early days of January in advance of 35 percent.
he is The digital currency craze in recent months It caused its price to rise eight times as of last March when it was trading at around $ 5,000. There are different visions of what will happen to Bitcoin’s value in the coming months.
On the other hand, optimistic investors confirm this The technology is mature, the public’s knowledge of these assets is enormous and the demand for digital currency will increase To the extent that the younger population gains weight in the total investments made in the financial market.
The idea behind this argument is that Young people reject traditional structures such as banks and traditional assets Investing and searching in cryptocurrencies for an alternative way to hoard money.
Some powerful investment funds internationally consider that this point may be the main factor maintaining demand for Bitcoin in the coming years and legitimizing the price hike.
This insight is leading some global investment managers to start betting on cryptocurrencies by millions of dollars. a The Asian Fund put about $ 1.3 billion into the cryptocurrency And other big players in global finance like Blackrock and JP Morgan have increasingly digital asset friendly data.
On the other hand There are skeptical cryptocurrency investors who argue that the price hike is not only unsustainable but the product of a strong speculative move.. They are not convinced of the arguments about Bitcoin’s ability to compete against gold or the dollar as a store of global value.
They assert that the volumes dealt with in the world of cryptocurrencies are still very small in terms of the value of traditional financial assets and for this reason Price volatility and manipulation It is the simplest.
For now, bitcoin’s less optimistic investors – who have said in some cases that its value will be zero in the short term – have not done well. at Last year, cryptocurrency was the most prominent investment Global Finance. It has outperformed Wall Street and derivatives such as soybean futures.
one of The peculiarity of Bitcoin is that the issuance of coins is limited. Once 21 million coins are reached, new bitcoin creation will cease. It currently takes $ 40,000 to fully purchase a coin, although the technology allows for a 1 million coin to be purchased.
Bitcoin is among the other differences Your system doesn’t need middlemen to transfer or store money digitally. This is the major disruption of cryptocurrency by leaving banks without a role as account providers and actors in the financial system as guarantors of money transfers.
In the world of digital assets There are more crypto assets than Bitcoin. Among them, stands out Ethereum, which last week raised in excess of 65 percent and has had a price increase of 10 since the start of 2020.
he is The difference between Ethereum and Bitcoin is that their technology allows you to program what is done with money In a safe way. This means that rules that cannot be modified can be set to perform operations in the future. For example, he demonstrated that from an Ethereum account, funds must be frozen (as collateral) until a certain date and then sent to another Ethereum account.
The result is that Smart contracts are done without the need for a guarantor or a notary To ensure that the operation is carried out. In this way, it is committed not to brokerage in finance but also to the economy.