Future of Crypto Currencies

Hello, I'm happy to initiate this discussion.

Crypto-currencies were once known by very fewer people but today most of the young minds like us are involved directly in investment. In future, this knowledge will be spread to even the young fellow who possibly to complete their schooling.

Hello friends,

As all know about cryptocurrency. It is a virtual currency that is based on blockchain technology. Cryptocurrencies are of different types some of them are BITCOIN, DOGECOIN, ENTHEREUM etc.

In 2009, Cryptocurrency came into the market. This is digit currency we can buy or sell in the national as well as international market. Is a convenient way to invest.

Thank you.

Hello everyone.

Cryptocurrency is a virtual currency which do not have any governing body.

There are many advantages of cryptocurrency.

1) It is very important for the economic development of a country.
2) In cryptocurrency transactions we do not permit any governing body.
3) Time taken is less in cryptocurrency transactions.

Hello everyone!

Cryptocurrency is a virtual currency whose transaction details are stored in blockchain. This blockchain technology is based on the decentralised systems concept, meaning that no single person/company has the sole authority. Also, the data stored in these blocks are immutable, so the chances of data loss are negligible.

These technologies make cryptocurrencies a more secure way of transaction that anybody can trust. As we all know online transactions of money are increasing, hackers and frauds also have evolved and found their way to fraud people and take their hard-earned money.

So far cryptocurrencies are a solution for this and if more people get aware of it, this will be a boon for our future generation.

Hello everyone,

In my perspective, cryptocurrency is a digital currency. Most popular cryptocurrency are Bitcoin, Dodge coin, Ripple, and many more. It was banned in 2018 but was relaunched in 2020.

Cryptocurrency transactions recorded in public ledger called block chain. Blockchain is a decentralised technology because it is not manipulated by any government. It is maintained by users through peer to peer networking by this it very secure and fast.

Thankyou.

Cryptocurrency is a digital and virtual currency it is rapidly in India because it will save our time and it will increase the ceaseless economy also but in India lack of digital literacy lack ok proper knowledge hackers hack the money and in this transaction, the government will not take any interface and it also increase illegal activity as terrorist use in bad direction and rbi also will not participate.

As per my opinion.

Cryptocurrency is a digital currency and in India cryptocurrency was banned at 2018 the supreme court of the removed ban on cryptocurrency in India in 2020 and then India created a rule for cryptocurrency that any transaction related to cryptocurrency will be subject to 30% of tax so because of that rule you have to pay 30% tax of your cryptocurrencies transaction to the government of India.

Future of cryptocurrencies in India is very bright and I feel that in future we all use digital currency as it takes very less time and use peer to peer network and it is also secure.

Cryptocurrency is the technology of blockchain and blockchain technology means a decentralisation database decentralisation means a sole company in one sole personal authorised database and that's why bi it will be less possibility of data and information being misused.

So that it is safe nowadays because day by day cybercrime is increasing and people lost their money.

So, it is a great way to invest and it is more secure so in my point of view, it's a great future for the word.

Hello everyone,

Cryptocurrency is a digital currency and in India crypto currency was banned at 2018 Then After two years, the supreme court removed the ban on cryptocurrency in India in 2020. For any transaction related to cryptocurrency, we have to 30% Tax to the Indian Government. The most popular cryptocurrency is bitcoin, ripple, and many more it also contributes to the growth of the Indian economy. The future of cryptocurrency is very bright because it is rapidly increasing day by day.