Q. What is the future of cryptocurrency?
2 Answers
  • geekstation

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      0.79 q
  • pearljam

    I Think the future of cryptocurrencies is very bright. Some of the reasons are as below :

    1. Decentralised.
    2. Peer to peer.
    3. Peer to peer.
    4. Safe, Secure, Easily Tradable.
    5. Easy to transfer.
    6. Easier to make payment because the number of merchants who accept cryptocurrencies has steadily increased.
    7. It become part of the mainstream financial system.
    8. It preserve user anonymity.

    There are some of major factors, i think so it can grow rapidly.


       

    answered by

      57.53 q

Asked in Category

Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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