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Sunday, June 11, 2023

Earning by Social Media

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Introduction:

Imagine a 2019 stock market that lacked significant cryptocur-rency and mutual fund investing. Any realistic expectations of (potential) upward growth were overshadowed by the drastic shift in our society’s treatment of capital. People increasingly bought and traded through the power of social media platforms. Howev-er, that change would make it even harder for their earnings to show up on their brokerage account. As a result, it is now harder than ever for anyone to make an upward career transition in the finance industry.

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Bitcoin is supposed to be a transparent investment method of the future, however, a 2018 report from Boston Consulting Group’s Emerging Technology Center showed that individuals spent $5.7 billion on cryptocurrencies in 2017. In some cases, this has led to increased investment in stocks, bonds, and mutual funds. The more that people engage in cryptocurrency trading, the greater their potential to distort the prices of the products and those products they value.

A distinct social platform that lets consumers earn free money for purchases that lack sufficient liquidity puts an additional strain on our already strained markets. This would mean that everyone would be the same unit of measurement, but no matter how ac-curate it would be, most users will make decisions based on their perceptions of the future price of cryptocurrency and any activi-ties that could affect that. Because even though user involve-ment can positively affect cryptocurrency prices, the demand curve will remain fixed and the prices of the things that people pay for will stay the same. We know this, and companies who would be impacted by or have no significant connection to cryp-tocurrency-trading need to recognize that supply and demand are simply no manipulations, and therefore would not be manipu-lated.

When an entire category of products is being manipulated, com-panies of all shapes and sizes would be impacted as well. Even if individual investors paid nothing for the stocks, bonds, and mu-tual funds they traded on, “financial news” would affect the pric-es. Companies that sell new products or updates of existing products would have an unbalanced supply of their products. Ra-ther than looking at a financial outcome with an illusionary dollar value, they would look at their products with a value that de-pends on the eyes of the global community. Because it is so easy to price the uncertainties that come with cryptocurrency trading, we’ll only do it with blind optimism.

The process of adjusting to changes in the equity market is the same as any changes in the financial system itself. It is impossi-ble to predict the product or service to which we are looking from the future, or, as a consequence, make the appropriate adjust-ments if you think your products will change. In the short term, businesses can track the inelasticity of their product and even the relative strength of their pricing power. However, in the long term, a company needs to adjust as the economy changes, mar-kets change, the business world changes, the government changes, anything changes. Employees at a company need to be empowered to be ready for any changes, and businesses cannot do this if the outcomes they assume, which are likely to happen over the long term, are dependent on either the past or the future prices of cryptocurrencies.

The problem with cryptocurrency trading on platforms like Rip-ple’s XRP is that there is little equality between what one buys or sells and what they have control over. On any given day, a com-pany spends less money on its stock than it does on cryptocur-rency trading. Similarly, the currency can be bought or sold at a lower price compared to the equity markets. Although these games can be much less costly when done electronically, it is much less fair. 

If you see that your stock is $5.7 million, and you trade it on a platform like Coinbase.com for two dollars, which product does it cost less to gain? 

The stock is a well-known asset. However, if you see that the equivalent cryptocurrency is $5.7 million, it means that a compa-ny’s equity also uses that product to generate a positive net in-come of one dollar at a much higher price. Consumers at a large scale need to be able to take control to decide what it is that they gain or lose from the products they purchase. If they see that the cryptocurrency that they can buy for bitcoin is $5.7 million, then it is reasonable to question why they don’t just spend that on themselves. It is nonsensical to give a company the investment capacity to trade on the volatile cryptocurrency market.

Based on the performance of cryptocurrency markets, we know that these platforms are increasing the volatility of digital currencies. For many reasons, however, cryptocurrency is volatile from all the different governments and institutions that make it not-worth-the-risk-or-cost-of-existence. For them, companies should take every step necessary to ensure that they compete transparently, and with equal investment capabilities.

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