- The value of cryptocurrency has risen enormously in the past few years.
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In the year 2009, bitcoin surfaced as a new form of currency i.e cryptocurrency.
There were some conspiracy theories about the bitcoins that they are gonna vanish soon and there is no scope and future of them.
But after seven years bitcoin has become a popular method of investment.
REASON OF POPULARITY OF BITCOIN
- De-centralized system
- Secure medium of investment
- Time-saving medium
- Profitable medium
Future potential of cryptocurrency
Cryptocurrency is gaining popularity because it does not require any third party (for example banks) to make any transactions.
In the near future, cryptocurrency will be giving the bankers and stock market a tough time. The enterprises rejecting the reality of cryptocurrency can have difficulty in the future.