Cryptocurrency role in today's world. #Cryptocurrency #Technology
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Cryptocurrency |
Cryptocurrency role in today's world.
Today I will talk to you about cryptocurrency, Cryptocurrency is growing very fast all over the world. Cryptocurrency has many benefits in our life, it also causes a lot of losses. Today we will discus about them, so let's start.
Cryptocurrency is seen as a virtual currency, it is a completely digital currency, in which we can do transactions with anyone digitally, in whatever currency.
People adapt to virtual currency very quickly and see a lot of benefit in it. Many applications give you some coins to work in that application. Similarly, one of the biggest names that comes to us is Bitcoin, Bitcoin is a cryptocurrency.
The biggest disadvantage of cryptocurrency that comes to us is that its prices are kept up and down, there is never any stability inside it.
Due to lack of stability, the government forbids people from using cryptocurrency, the government is afraid that somewhere a lot of money of a common man may be used by someone to blow it away.
Although cryptocurrency has been recognized in some countries, there are many countries which stand in support of it, but we can never forget that it can cause a lot of damage to the common man as well.
Bitcoin and such cryptocurrencies have been completely banned in India. Looking at the goremment of India, this decision takes the decision that no cryptocurrency company can take advantage of the people.
Cryptocurrency can be a profitable deal for the people, but for this the government of all the world will have to invest in it and there is a fear in the people that not all our money will be blown away.
We have seen a lot of cyber-attacks in which we have seen how bitcoins were blown out of people's accounts.
We have seen a lot of cyber-attack, given that the government has bab in a lot of countries because it is completely a direct transfer system and it uses a blockchain so that one can transfer money to another.
There is a lot of danger in this cryptocurrency transaction due to lack of government intervention.
Cryptocurrency also benefits a lot of people because if we see the volatility of it, then it also benefits a lot of people and also makes a loss, just as the stock market works, in the same way bitcoin its price also up down Keeps happening.
Given this, the government should control this, this is our opinion and we can see how we can use this futuristic system.
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