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Cryptocurrency

A new-age currency

Cryptocurrency

A New-Age Currency

Have we ever wondered how money can be digitalized? Yes… this all happened quite a few years back with the starting of digitalization all over the world when some of the great yet changing the world kind of mindset people decided to give a shot to something unusual that can redefine the language of Money.

First introduced back in 2009 with no background or information on how it works or where we can get this, but the biggest question in everyone’s mind was how this is created. It is created or mined (in crypto terms) with the use of the technology called Blockchain.

Emergence

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The first ever mined crypto was Bitcoin which began its journey from just fractions of cents and continuously increasing its worth in the market.Currently, more than one thousand cryptocurrencies are active in the market with a combined worth of more than a hundred billion dollars.

Evolution

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From the very start of their journey, cryptos carried a big question with them: how legitimate they are and how far they can survive. But it didn’t hold back the strong rise of them all over the globe, and now some nations have already accepted it and made it part of their monetary currency.

Legality

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In the era where everything is being digitalized, from shopping to education to entertainment, we have also moved from paper currency to paperless currency, and cryptos are integral yet questionable players.

Never Ending Journey

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