Review on Pesetacoin by francis fernandez
digital opening to the crypto world of the Spanish
The economic system of a country is based mainly on the use of a legal tender as a measure of value to monetize the payment of services, production costs, public expenses, salary and salaries, among others.
But thanks to the advent of the digital age, crypto currencies have been introduced as a means of technological and financial innovation in order to develop a decentralized market for the exchange of assets on a global level.
Peseta is the digital currency that promotes this innovation in Spain, as a measure to systematize the transfer of assets and the payment of goods and services safely and without intermediaries, through a blockchain platform.
How is the price of the currency set?
Like the price of goods and services in the traditional economic system, in the case of the Peseta currency, the value of this digital asset is established according to the law of supply and demand, that is, the higher the supply, the lower the price of Peseta, and as there is greater demand, the price of the currency rises.
What benefits did this digital currency bring to the Spanish?
Innovation to the national financial system
Ease of sending and receiving money safely, both locally and abroad
Permanently available platform to carry out commercial operations at all times
Permanent availability of the currency, due to the fact that it has a fixed supply
Eliminate the payment of fees for the use of other cryptocurrencies, since Peseta allows you to carry out transactions for free
Serves as a means of payment for goods and services
Financial instrument to carry out business and investments
Pros
- Drive general adoption of cryptocurrencies
- Internal and foreign transfers at any time of the day
- Allows you to send digital assets for free and quickly
- It has a constant emission
Cons
- Does not have a stable value
- Few functions
