Understand at a glance | 8 dimensions to comprehensively understand cryptocurrency

8 dimensions teach you to understand cryptocurrency and traditional cash.

【Control】 Cryptocurrency: Decentralized, code is the rule, no single authority. Traditional cash: Centralized, issued and backed by national governments and central banks.

【Supply】 Cryptocurrency: Usually has a fixed upper limit (e.g., Bitcoin 21 million), issued at a predetermined pace. Traditional cash: Theoretically unlimited, can be increased based on economic needs.

【Value Stability】 Cryptocurrency: Highly volatile, prices may change dramatically in a short time. Traditional cash: Relatively stable in value, little change in short-term purchasing power.

【Historical Background】 Cryptocurrency: A new phenomenon, born in 2009, the market is still in the exploration phase. Traditional cash: Has a history of hundreds of years, a mature currency system that has been validated over a long time.

【Regulatory System】 Cryptocurrency: Global regulations are inconsistent and rapidly evolving, full of uncertainty. Traditional cash: Managed by very mature and clear legal regulations.

【Asset Protection】 Cryptocurrency: No insurance mechanism, if lost, stolen, or project fails, losses are borne by the individual. Traditional cash: Bank deposits have insurance systems (e.g., FDIC), providing limited protection.

【Convenience】 Cryptocurrency: Purely digital form, available globally 24/7, transactions can be made with internet access. Traditional cash: Relies on physical entities, access is limited by business hours, ATM limits, etc.

【Security】 Cryptocurrency: Personal custody requires high technical demands, third-party platforms have risks of hacker attacks. Traditional cash: Bank systems are tightly secured, but physical cash itself is at risk of theft and counterfeiting. #币圈生存法则 #小白必看