Risks when using cryptocurrencies

[Матушкин Андрей Николаевич]

Да, это кусок, написанный для монографии Финансового Университета при правительстве РФ...

Опубликовано в СМИ?

 

[OldWhiteCat]

Published in the media?

No - this is a full-fledged monograph 2020 release

 

[Матушкин Андрей Николаевич]

No - this is a full-fledged monograph 2020 release

It would be great to listen to you as a speaker at our conference.

 

[Частный детектив Донецк]

Of course, there are risks. Unlike stocks of companies (in which we can analyze), cryptocurrency is quite the opposite. There is a chance that it will skyrocket, or it will drop to zero. Cryptocurrency doesn't even give a 50% guarantee

 

[Частный детектив Донецк]

"Greetings! I can not publish an article on the forum on cheating on fintech - mostly crypt. Not ripped off - my own. Wherever it goes"

You wrote all this, what was published by you above ?!

I agree

 

[David Mamedov]

It is dangerous for investments. But why did they create cryptocurrency? to make anonymous transfers

 

[OldWhiteCat]

It is dangerous for investments. But why did they create cryptocurrency? to make anonymous transfers

Wait. There is no cryptocurrency in the abstract. Actually, like money, it is a virtual resource of society. Outside of society, no money can exist. For them to work, it is necessary that
but. there would be many of them, so much so that it would be impossible to gain sole control over them.
b. they should not be made in artisanal conditions - that is, they are protected from counterfeiting
in. the trust of the majority of society in their reliability and stability is necessary.
Investment is participation in a project. But it is fashionable to call this word and just participation in speculation

 

[Частный детектив. Москва.]

I only use BTS, experts say that it is also not safe

 

[OldWhiteCat]

I only use BTS, experts say that it is also not safe

Let's understand, what is "danger" in this case? Basically it is the risk of losing the investment.
How?
1. Devaluation by turning an asset into a scam (garbage).
2. Termination of operations with the asset.
3. fraudulent actions of third parties
4.loss of wallet
So let's compare with regular fiat
p. 1. It is also observed regularly with an explosive inflation rate of 100 or more times.
p. 2. Also repeatedly observed. True most often as a result of defeats in wars
p. 3. This is equivalent. In the circle of friends, do not click your beak
p. 4. Today this is the most terrible thing in working with crypt. Almost 20% of bitcoins have been lost, and about the same with other high-cap coins. Basically, it's just stupidity - it can't be cured.

Conclusion - cryptocurrencies are no more dangerous than using fiat money for storage and / or investment.
Using it as a means of payment is more difficult here. In many countries it is prohibited, somewhere specific are allowed. Somewhere it is considered simply as property, that is, an exchange agreement ...

 

[Частный детектив. Москва.]

Let's understand, what is "danger" in this case? Basically, this is the risk of losing an investment.
How?
1. Devaluation by turning an asset into a scam (garbage).
2. Termination of operations with the asset.
3. fraudulent actions of third parties
4.the loss of a wallet
So let's compare with regular fiat
p. 1. It is also observed regularly with an explosive inflation rate of 100 or more times.
p. 2. Also repeatedly observed. True most often as a result of defeats in wars
p. 3. This is equivalent. In the circle of friends, don't click your beak
p. 4. Today this is the most terrible thing in working with crypt. Almost 20% of bitcoins have been lost, and about the same with other high-cap coins. Basically, it's just stupidity - it's not cured.

Conclusion - cryptocurrencies are no more dangerous than using fiat money for storage and / or investment.
Using it as a means of payment is more difficult here. In many countries it is prohibited, somewhere specific are allowed. Somewhere it is considered simply as property, that is, an exchange agreement ...

Thanks for the enlightenment!