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Crypto crash really a crash-



Smart IT Alliance GmbH


If you look at the media landscape at the moment, you will see that the negative headlines in the crypto sector are not coming to an end. After many crypto coins had to accept a loss in value of up to 80% and failed projects such as Terra Luna and the crypto exchange Celsius cost numerous investors their entire fortune, one reads again and again about the crypto crash and the imminent end of the crypto scene. Is there really a crash at the moment and what do you think of negative headlines of this kind? We will give you an answer in the following lines.

Where wood is chopped, splinters must fall

Since the beginning of cryptocurrencies, there have been neutral observers as well as harsh critics of the crypto revolution, which arose when the inventor of Bitcoin came up with the idea of ??creating a digital currency that is organized decentrally, dedicated to the new type of blockchain technology and offers protection against inflation per se.Recently, it has been these tough critics in particular who have been talking about the demise of cryptocurrencies and the inevitable crash. In fact, many cryptocurrencies are currently going through anything but a rosy time, as they serve many investors as an investment and behave in a similar way to stocks – unfavorable global economic events are increasing the risk aversion of investors in the market and causing prices to fall.

No deeper market understanding available

However, what is completely ignored in reports on the ailing crypto market is the fact that all cryptos are often lumped together and many journalists lack a deeper understanding of the market. Established projects such as the Ethereum blockchain or Solana with smart contract applications can by no means be compared with central crypto exchanges (Celsius and Co.), which represent the opposite of real DeFi solutions and are therefore currently rightly subject to a market shakeout.

In the past there have always been times when Bitcoin and other coins have had to accept large percentage losses in value, but have never completely melted. Incidentally, the same thing was predicted about the Internet during the dot-com bubble, so that there were actually opinions at the time that said the Internet would not last and would hardly have a greater impact on the global economy than fax machines.Given the current situation, one could say that the wheat is being separated from the chaff and providers who lure unsuspecting investors with promises of returns of up to 18 percent deserve nothing more than to go bust.

The coded incentive systems of blockchain technology, on the other hand, are indestructible and have survived the current market shakeout with flying colors. Since new providers can learn from the mistakes of old providers, the DeFi sector will in all probability be able to better exploit its advantages over the traditional financial world in the future and experience a new upswing with regained purchasing power.

Smart IT Alliance GmbH, specializing in the delivery of crypto mining hardware and crypto mining farms, inspires its customers with well thought-out system configurations, power and heat concepts, IT security, professionals for implementation and exceptionally fast deliveries. By operating our own crypto mining farms, countless miner configurations have already been tested, problems solved and ideal implementations for all possible variants tested live.

Customers often approach Smart IT Alliance GmbH with a request to design and implement a coherent overall concept – from bare ground or even without a suitable property for the mining farm. Anyone who is allowed to become a customer of Smart IT Alliance GmbH can enjoy indescribably close customer loyalty, full service, special offers and lightning-fast implementation. A separate subsidiary was founded in Hong Kong with on-site employees just for the faster implementation of deliveries from Asia.

The most important point in the overall approach of Smart IT Alliance GmbH is that not only the one delivery but the overall concept is seen and always kept in mind for each customer. Otherwise, the miners cannot be connected in the office, warehouse or new mining farm because the power connection is not sufficient for the high permanent load, the heat cannot be transported away, IT security is not given, the noise was ignored or or or .

And so that the tax KO blow does not come later, Smart IT Alliance GmbH strongly recommends that every customer bring the most experienced tax and corporate law expert, Mr. Thomas Breit, on board right from the start.

Posted by on 25. June 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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