Neo handel forex
I did expect some deviation after it was clear we were going to get a large correction on BTC.
Why NEO Vs. Bitcoin?
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The Chinese government has been clear that is will never allow Bitcoin to be used as a currency. They have even released an official warning to all their users. This is one of the major differences between the two currencies. They officially made the following statement:. Participating institutions and individuals should carefully engage in activities such as Bitcoin investment and bear the corresponding responsibilities and risks.
Unlike other currencies in the world, NEO is being looked at by the Chinese government and investors as the top cryptocurrency to be watched and invested in. This is important because China holds some of the most significant exchanges in the world. They have full government approval and are even sponsored by them at different industry conferences.
There large backing makes NEO well off and bodes them well, but the problem beckoned is that they may see massive government control in the future.
NEO has absolutely exploded since their initial coin offering as Antshares. This was just over a year ago and is very promising for the new Chinese cryptocurrency platform. There are many reasons that one would want to invest in NEO, especially before the Chinese government starts to regulate it, which will always be a possibility.
One of the other ways that NEO is different is that they are free from the proof of work system that is used by Ethereum and Bitcoin. You can read all of the technical details about the system on their white paper listing. GAS is created with every new block that starts.
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