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Since 2017 cryptocurrencies are spreading on a global scale. Nonetheless we are now at a new level of diffusion. Two developments happened simultaneously with the cryptocurrency industry in 2021 China has started testing its digital Yuan and we can see the beginning of serious discussion over Central Bank Digital Currencies in Europe and the United States. While it appears unlikely that countries will begin adopting a "Bitcoin standard" of money or investing in cryptocurrencies with their sovereign wealth funds in the near future (even though El Salvador has adopted crypto for everyday use), the World Bank reports that governments are increasingly paying attention to cryptocurrencies and considering their role in the future of digital money.
In the last year, there has been a significant change in the way financial institutions view digital assets. With the seismic shifts in the economic landscape globally due to the pandemic last year, the economic consequences have caused central banks to introduce economic stimulus packages and lower interest rates. This has also changed the narrative surrounding Bitcoin and cryptocurrencies, where Millennials and generation Z investors flocked the crypto markets to get a hedge against inflation. These shifts were particularly noticeable in the first two quarters of 2021, where, despite crypto market volatility, investors' interest kept growing across all sectors within Crypto.
According to a survey, 36 percent of institutional investors in the United States and Europe had previously made investments in cryptocurrencies. High-net-worth individuals, financial advisors, family offices, crypto hedge and venture funds, traditional hedge funds, endowments, and foundations were among the types of organizations that made up this group of institutional investors. When it comes to institutional investors, a large number of them declared their purchase of Bitcoin in 2021, as well as investments in other crypto assets and decentralized financial infrastructure (DEFI) platforms.
Major Bitcoin purchases were made by Fortune 500 and Fortune 100 companies in the U.S and Companies in EU and China, as well as hedge fund managers and this points at an increase in institutional crypto investments in 2021.
Google Trends shows that interest from regular retail investors has stayed at or around its 2017 high, contrary to common perception. In contrast the crypto sector is prevalently attracting financial institutions, banks and central governments.
Cryptocurrencies operate on peer-to-peer technologies (equal networks), consisting of computer users located across the globe. Special programs available to these users carry out wallet functions. As a peer-to-peer network, there is no central authority needed to control the cryptocurrency or its economy. Transactions take place collectively on the network and everything is solely based on a consensus algorithm which is distributed within the network.
This makes it possible to send payments directly from one party to another without verification from a financial institution. These features, unique in their kind, cannot be performed by traditional payment systems, which are based on the logic of centralized control. Some cryptocurrencies have attracted many people by offering benefits such as anonymity and total control by the owner. On the other hand, the high volatility of prices due to speculation has made it impossible to use cryptocurrencies in daily life. It is impossible to imagine the use of cryptocurrencies as an effective complementary currency when they are characterized by high volatility, where percentage points of their value can be lost in a few hours. The speculative use of cryptocurrencies is not supported by real assets that contribute to the formation of a value independent of market confidence. To last over time, an underlying asset is a fundamental element.
Since its inception, DTCOIN, born within DTCircle ecosystem (founder Daniele Marinelli) has aspired to be different, with the aim of being recognized as a complementary currency able to protect its value and grow over time. In the past, money was tied to the gold standard, a monetary system in which the monetary base was defined by a fixed amount of gold. Until then, money had a real value: DTCOIN recreated this concept by basing its value on a resource whose quantity and market, unlike exhaustible resources such as gold or oil, is constantly growing and evolving. The Daniele Marinelli’s DTCOIN value is determined by the data standard. The support of a market outside the cryptocurrency market is an extremely positive feature, because it stabilizes DTCOIN's price.
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DANIELE MARINELLI DT SOCIALIZE
DANIELE MARINELLI DT SOCIALIZE
Cryptocurrencies' values rise and fall constantly. Depending on the dynamics of the market and the quantity purchased and sold, the price can vary significantly. This is because the value of a cryptocurrency is based, in most cases, solely on its trading. It is impossible to predict the trends that must strongly affect the loss of value - particularly considering the danger of sales of large quantities of units.
DTCOIN found the solution by embracing an underlying tangible value. The founder of DTCOIN, Daniele Marinelli, spent two years analyzing the market, looking for a solution, before creating the Forced Market Cap system (FMC). FMC is a new way of looking into a token value, through a special mathematical algorithm connected to the big data sector, allowing an increasing exchange market with DTCOIN. Within FMC people are able to exchange DTCoin and convert them in euro. DTCOIN is linked to big data.
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