Relatively serious traffic accident

The digital space around the world has changed, and the discussion about login password has decreased. In the past few months, the cryptocurrency sales market has experienced the biggest collapse so far. The collapse of the sales market wiped out a large part of the global market value: the collapse of the sales market caused billions of dollars of damage to investors in this field. In conclusion, many people have suffered huge losses in project investment. Negative feedback caused many people to make profits in the collapsed industry, which led to chain reaction for several enterprises

Cryptocurrency borrowers such as Celsius and three arrows capital are the big losers in the cryptocurrency winter. In El Salvador and other countries, the use of cryptocurrency (BTC) as legal tender has also added damage to government departments. Thus, this fear of damage unknown reduces the speed of fitness exercise with cryptocurrency. As investors no longer trust the revenue development potential of cryptocurrencies, discussions on the adoption of cryptocurrencies will follow.

Growing uncertainty

With the biggest collapse of cryptospace, the field is facing great uncertainty. Under such circumstances, many unknown elements may have adverse effects on the field. This uncertainty reduces the development potential of encryption technology and alleviates the voice of organizations applying encryption technology and advocating the adoption of encryption technology. This unknown quantity focuses on two key industries; Government policies and the natural environment of global finance.

Government policy

Before the beginning of the last decade, there was basically no government intervention in cryptocurrency. Therefore, many customers flock to the digital currency of blockchain technology. This lack of interference is part of the reason for the surge in cryptocurrency applications. However, this is not the case in the past few years. With the rapid development of cryptocurrency, the transaction volume of assets increased significantly. The mining volume of data encryption is also significantly increased, which seriously affects the application of electric power

This eventually led government departments to intervene under the pretext of avoiding fraud, criminal acts and ecological environment protection. Such interference is expressed by prohibiting and establishing existing policies in areas of concern. In foreign countries and other countries, the current policy control mainly focuses on the payment of taxes on the profits of trading centers and cryptocurrencies. Although most of these current policies are in the initial stage of development, they have a profound impact on the development of data encryption economy

Because the trading center and the enterprises related to data encryption may also need the permission of government departments, many companies have stopped service or relocated to some countries. On the other hand, the introduction of preferential tax policies has also reduced the total number of investors. In China and other countries, because government departments focus on reducing carbon emissions and power energy applications, data encryption mining is declared illegal. This factor has led to more and more uncertainty in the future development of cryptocurrency. As a result, they also reduce the need to adopt cryptocurrency.

Natural environment of global finance

The global financial environment refers to a region composed of economic powers of many different countries. In this region, some things are likely to exceed the boundaries of one country and harm other countries with the domino effect. Under some conditions, a national event will seriously affect the economy of other countries in the region. Recent events on the world stage have caused a negative chain reaction and seriously affected the natural environment of global finance

The conflicts between Russia and Ukraine have led to a series of adverse effects, which have seriously affected the cryptocurrency sales market. With the participation of more and more countries and the implementation of the embargo on Russia, this conflict has escalated to the level of international participation. Therefore, the encrypted space is also endangered

With the contradiction still unresolved after five months, the uncertainty can only increase. Such uncertainties have been extended to data encryption thematic activities at the international level and in the affected regions. Therefore, when people and companies are concerned about urgent issues, they reduce the publicity and guidance of using cryptocurrency

Creator's point of view

With the occurrence of events at this stage, the uncertainty of cryptocurrency has increased again. The movement track of the cryptocurrency market and the status quo of its policy and international impact are temporarily consistent. However, some (if not all) of the problems will be solved in time sooner or later. This decision will provide a series of positive effects for global users and enterprises on the premise of eliminating unpredictability. With the improvement of the situation, the discussion on the use of encryption technology will be enhanced. However, as far as the current situation is concerned, only the duration can confirm when the cryptocurrency sales market will flourish and maintain its previous relative height