The future of the world's wealth must belong to the cryptocurrency, not the dollar, nor gold

Since the birth of Bitcoin in 2009, innovation on the underlying technology of the blockchain has never stopped. Bitcoin is just the beginning for blockchain technology. The market value of Bitcoin was only $1.293 billion on May 12, 2012. At that time, the circulation was only a little more than half of the total amount, which was about 11.14 million bitcoins. Although the price was only US$116.07, the price rose by 40% in less than 10 days. This time, the price rebounded and the market started to boom. At that time, the bubble burst in 2013, and many people poured into the Bitcoin market to seek asylum in order to avoid the EU and the International Monetary Fund their strict structural adjustment policies.

On May 12, 2013, Citicoins had a total of 14 digital currencies. Bitcoin surpassed its competitors and gained approximately 7175% in the past five years. EOS is the fifth largest digital currency with a market capitalization of $10,589,067,478 U.S. dollars and a circulation of approximately 877,268,338 EOS. The eos digital currency price is now about $12.07. Although EOS market share decreased, eos is still the fifth largest digital cryptocurrency, making it the best performing coin since April, 2018. Nowadays, eos coin market cap has $10,602,314,231,230 USD.

However, only 50% of the cryptocurrency is value-added over the past five years, and 46% of the value of the cryptocurrency has fallen by more than 80%. Of the competing currencies that were still trading on May 12, 2013, 23% now appear to death. Almost a quarter of the coins have ceased to be active. The eighth largest digital currency Cardano also decline 1.07% today, Cardano coin marketcap has $5,216,033,978. A recent price record for the cryptocurrency CHNCoin, which was ranked tenth at the time, stopped on the second day of Christmas last year. The price of CHNCoin fell from 0.1 US$ to $0.001222 and fell 99% in the last five years. ChronoLogic, the first cryptocurrency ChronoLogic linked to the Ethereum blockchain, which incorporates the concept of time certification into blockchain technology, can integrate time into blockchain technology and apply it to financial, transportation and network businesses and other fields… ChronoLogic also down 6.69% of the price at $1.84%.

Let’s take a look at what happened to the late currencies:

Crowdcoin (CRC) is a cryptocurrency based on proof-of-work mechanism that allows changes and adjustments to be made for the greater advantages of the platform and potential currency, using the master node to provide greater stability of the network and currency. The goal of crowdcoin is to use it as a currency for transfers between crowdcoin platform users. CrowdCoin (CRC) implemented a wallet on May 15 will be updated to allow changes to masternode collateral and reward plans.

Crowdcoin now on May 25 has a market cap of $216,631 USD and total supply 1,739,300 CRC. Crowdcoin price currently declined 23.40% and price at $0.155928 USD. CRC has $23,890 USD in its 24 hours treading volume.

Qubitcoin coin (currency: Q2C) is a brand-new algorithm composed of luffa, cubehash, shavite, simd, and echo. The cpu mining was released on January 11, 2014, 30 seconds per block, 2048 blocks, totaling 248 million yuan. No excavation was dug in the currency, and the first 1,000 blocks were rewarded with only one q2c; difficulty and rewards were rationally designed, the community was active at home and abroad, and there were many supporters. Qubitcoin coin now has a market cap of $554,130 USD, total supply 248,777,941 Q2C, on today Qubitcoin price is $0.002227 USD and traded down 1.13%.

ProCurrency is designed for daily consumers and makes everyday life use currencies simple. They focus on consumer and business solutions and reward them for using cryptocurrencies in everyday life. ProCurrency (currency:PRO) technology can help people experience cryptocurrency without too complicated. PRO is the entrance to cryptocurrency. PRO aims to be one of the most recognized mainstream coins in cryptocurrency world. ProCurrency is one of the fastest tradable currencies in the cryptocurrency market, making it suitable for business. ProCurrency has a market cap of $795,315 USD, total supply 15,005,475,406 PROC. Today ProCurrency price rise 1.58% and price of $0.00000109.

Kobocoin is similar to Bitcoin’s digital currency and payment system. In Africa, Kobocoin is a blockchain based on P2P payment system. It uses advanced technology to ensure information security, and can not be forged, allowing users to feel safety. Compared to banks and credit cards, Kobocoin has the advantage that it has almost no transaction fees, and in most cases it is free too. Also in terms of fund management, the Jiyo blockchain is essentially leveraging the advantages of work proof and sharing techniques. Jiyo can be mined with GPUs, ASICs or coins in your wallet. It is easy to send and receive funds globally. So how about the two coins in the market? Kobocoin has a market cap of $1,460,605 USD. Kobocoin price down 10.71% and today price is about $0.059133 USD. Jiyo now has a market cap of $4,109,864 USD and has a price of $0.126615 USD and rise 6.23%.

eBay’s PayPal began to accept cryptocurrency payments. This is a small step in the growth of digital currency, but it is a big step for digital currency. The huge Internet consumer and financial services market can only keep pace with the development of the times and the progress of society by accelerating the embrace of digital currencies and formulating relevant rules. The trend of digital currency cannot be changed. According to foreign media analysis, the future of the world’s wealth must belong to digital currency, not to the US dollar, nor to gold. The digital currency in the future will no longer be the special drawing rights of the International Monetary Fund. It may realize the unification of the global currency. This may be the road to peace and prosperity. It ultimately depends on how the global central bank will face a digital survival.