Your bitcoin,steem and other crypto currencies are not secured
Here is the logic of the crypto currenciea that the other currencies that you have you have saved it in your wallet and its safe in your pocket and you can use them as of your wish but the other currencies or money that you have saved in a bank is no more but like a digital numbers that are showed to you as your account balance.
These digital currencies are like nothing but the dust in the wind and assume that you have some amount of bitcoin or other currencies and the value of these worth something huge and if some one hack tge server and steal that bitcoin what can you do or in some ways if the server had some problem and it fails and all of the data is lost than what can u do.
Only a thing you can do is sit aside and cry on your own nothing else you can do about it.
This article is all about the difference between crypto currency and the real currency of the country
What is crypto currency?
As you all know that there are different types of currencies that we all us in our country that can be in dollars that can be Euros or any type of currency. Currency actually means that the thing will impacts the finical growth of the country.So crypto currency is the same currency but not in the form of a paper or a piece of iron or copper or bronze but as a digital currency that is either in the form of a bitcoin or steem dollars or anyting that is available in the market and can be exchanged for the real money.
How currency Impacts the Growth Of country?
Currency is one of the major finical aspect of the country that can either lead to poverty or can make a country rich that way it impacts the growth of the country is by importing and exporting business .If u import the things from other countries in your own currency your currency will grow other wise it will be a big loss for your country and if you export in the export in your own currency your currency will also grow otherwise a big lose for your country.
Thanks for Reading My article.
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