HOLD on owning TBC(Transaction Balance Coin),It’s going to be the next BTC
In 2020, digital cryptocurrency has a new myth!
Recently, the price of Bitcoin (BTC) reached a peak of $18,476 after an impressive 35% bull market began in early September. Many people regard Bitcoin as one of the assets they must invest in, because its value is limitless.
When we talk about asset valuation, the first step is always to understand the fundamental economics. Equities, bonds and real estate, for example, generally derive value from generating cash flows. Therefore, valuation of these assets involves projecting future cash flows. Commodities, on the other hand, are more utility-based, so their prices are anchored by industrial supply and demand.
History of money shows us that natural forms of money generally go through three phases of evolution — first as collectible ...