Hello Guys,
We all are here on steemit platform because of crypto currency, if this thing is not there we also might not have been here.
Since the beginning of 2008 The era of Crypto currency began by one unknown person Satoshi naskamota that we all know well but from where he came and where he went that nobody knows.
Even we don't know that either this is one person or group of people??
By the way whoever that guy but this is true that he or they have gifted the world new fast and secure way of money.
Gradually the entire world is accepting the reality of crypto currency and they are trying to understand and accept it.
Even though lot of people are not ready to adopt the technology behind it but as a crypto scholar anyone can say firmly that everyone has to accept even they don't use the crypto currency.
There are lot of uses of having crypto currency that can be described:
- Easy to store
2)Easy to transfer
3)value increases- this one is the main reason of hoarding crypto currencies
4)No tension for fraud, fake,torn etc - world wide acceptable with same rate
6)can be earned and mined ourselves.
Having lot of benefits there are also lot of problems with crypto currency:
- People of lot of countries are also not accepting crypto currency because the lack of knowledge
- Lot of Governments are not supporting as they think that it is harmful to the nation.
- Terrorists and anti social elements are using bitcoin for their illegal activities
- Fraud is not possible but ransom and loot is possible
- Of crypto currency holder pass on password then he or she put into the trouble
- Fluctuation movement is too much then small investor are ruined if they frightend.
- Only long vision investment can give you much profit
