What Is the Future of Cryptocurrency?

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What Is the Future of Cryptocurrency
Cryptocurrency is the future of money or the next
generation of money. Cryptocurrencies investments
have seen a gradual rise over the years which
depicts the general acceptance. Currently, as per
the latest crypto news, we are seeing a big
change in cryptocurrencies due to the emergence
of institutional and smart money.
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What is Cryptocurrency?
Cryptocurrency is a medium of exchange that uses
the cryptographical functions to perform secure
financial transactions, control the creation of
additional units, and verify the transfer of
assets. Cryptocurrencies use blockchain
technology to gain decentralization,
transparency, and immutability.
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History of the First Cryptocurrency
In 2008, Satoshi Nakamoto released a whitepaper
of bitcoin which he called A Peer-to-Peer
Electronic Cash System.   Initially, the bitcoin
was not so popular, but gradually the concept
started getting acceptance and rose in popularity
since then we have seen the emergence of over
more than 4000 different types of
cryptocurrencies which are popularly called as
Altcoins.
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• Low probability of fraud
• Highly Secured
• No Control Authority
• Deflationary

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• Legal
• Volatile

The legality of cryptocurrency is still clear as
some countries have legally recognized and some
have declared them illegal.
There is a high risk to investments in
cryptocurrency because of its volatile nature and
absence of any guidelines which makes prices
susceptible to manipulation.
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Conclusion
The appearance of cryptocurrency and Bitcoin has
sparked a debate about its future. Despite recent
altcoin news and issues, the success of bitcoin
has inspired the creation of alternative
cryptocurrencies.
Source
https//www.apsense.com/article/what-is-the-future
-of-cryptocurrency.html
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