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Cybrcoin or commonly known as Bitcoin is gaining ground from the last 6-8 months which led
to huge spike in the value of the Cybrcoin. The best part about the Cybrcoin is that it has limited
capacity which means it cannot be mined beyond a fixed supply which means it eliminates the
biggest flaw of the current financial market where we see central bankers increasing money
supply at their will not following the true fundamental concept of the money creation. By
keeping Cybrcoin supply fixed, it is attracting investors attention which are seeing it as big
opportunity alternative currency for the future transactions and many companies are saying that
they might accept it as medium of exchange.
But in my view, this Cybrcoin lacks on many fronts, first is the absence of regulation and another
is that there is no creditability and base to measure its fair value. Moreover, the key market Soutn
Korea has announced to take steps to ban this Cybrcoin which can be huge loss of value for
Cybrcoin. Considering above challenges, I would say without regulation, it would be difficult for
Cybrcoin to become the major international transaction currency.
Solution
Cybrcoin or commonly known as Bitcoin is gaining ground from the last 6-8 months which led
to huge spike in the value of the Cybrcoin. The best part about the Cybrcoin is that it has limited
capacity which means it cannot be mined beyond a fixed supply which means it eliminates the
biggest flaw of the current financial market where we see central bankers increasing money
supply at their will not following the true fundamental concept of the money creation. By
keeping Cybrcoin supply fixed, it is attracting investors attention which are seeing it as big
opportunity alternative currency for the future transactions and many companies are saying that
they might accept it as medium of exchange.
But in my view, this Cybrcoin lacks on many fronts, first is the absence of regulation and another
is that there is no creditability and base to measure its fair value. Moreover, the key market Soutn
Korea has announced to take steps to ban this Cybrcoin which can be huge loss of value for
Cybrcoin. Considering above challenges, I would say without regulation, it would be difficult for
Cybrcoin to become the major international transaction currency.

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Cybrcoin or commonly known as Bitcoin is gaining ground from the las.pdf

  • 1. Cybrcoin or commonly known as Bitcoin is gaining ground from the last 6-8 months which led to huge spike in the value of the Cybrcoin. The best part about the Cybrcoin is that it has limited capacity which means it cannot be mined beyond a fixed supply which means it eliminates the biggest flaw of the current financial market where we see central bankers increasing money supply at their will not following the true fundamental concept of the money creation. By keeping Cybrcoin supply fixed, it is attracting investors attention which are seeing it as big opportunity alternative currency for the future transactions and many companies are saying that they might accept it as medium of exchange. But in my view, this Cybrcoin lacks on many fronts, first is the absence of regulation and another is that there is no creditability and base to measure its fair value. Moreover, the key market Soutn Korea has announced to take steps to ban this Cybrcoin which can be huge loss of value for Cybrcoin. Considering above challenges, I would say without regulation, it would be difficult for Cybrcoin to become the major international transaction currency. Solution Cybrcoin or commonly known as Bitcoin is gaining ground from the last 6-8 months which led to huge spike in the value of the Cybrcoin. The best part about the Cybrcoin is that it has limited capacity which means it cannot be mined beyond a fixed supply which means it eliminates the biggest flaw of the current financial market where we see central bankers increasing money supply at their will not following the true fundamental concept of the money creation. By keeping Cybrcoin supply fixed, it is attracting investors attention which are seeing it as big opportunity alternative currency for the future transactions and many companies are saying that they might accept it as medium of exchange. But in my view, this Cybrcoin lacks on many fronts, first is the absence of regulation and another is that there is no creditability and base to measure its fair value. Moreover, the key market Soutn Korea has announced to take steps to ban this Cybrcoin which can be huge loss of value for Cybrcoin. Considering above challenges, I would say without regulation, it would be difficult for Cybrcoin to become the major international transaction currency.