Assalamualaikum beautiful people, welcome to my participation in #steemcryptochallenge.

Hello friends. I hope you all are doing well. Today you will enjoy a participation in #steemcryptochallenge, while reading facts and benefits of cryptocurrency.

Source

Cryptocurrency is the great alternative to credit cards, actually it is the competitor of credit card. This is the unique currency which is very popular in the world, but we can not touch it and even we can't see it. When some people wants to reject the crypto currency, they object on these 2 points often: "Where is our payment" or "Where is the currency, we are not seeing anything like currency." et cetera.

Advantages of Cryptocurrency:

One to One Transactions:

When we purchase anything, or we are having deals with brokers, there is lot of our money go waste in the fees called transactions or broker's fee. We face lot of paperwork and we spend lot of time for doing that. Cryptocurrency is the first platform where we do not need any of them, we don't need any broker or a middle man. Cryptocurrency ends the character of middle man here, and provides us a one to one transactions. We save our big amount of time also, when we use cryptocurrency for transactions.

Central Governments can not Take It Away:

This is also the cause of BAN of crypto in some countries in world, like Pakistan et cetera. Because the governments knows that we can not control it, and everyone will be able to own their money safe. Only we will own it, governments won't get any fees and deposits fees as they get from us through banks and other things. This is a big benefit.

Safe From Fraud:

Fraud is the easy to do work in life, but digitally it is very difficult. There are very less cases of fraud in cryptocurrencies, just you can be frauded by some people who catch you in their cage. Your crypto cannot be counterfeited.

Easy Access:

The crypto currency service can be use by any person, poor or rich there is no difference between them. This service can only be used through internet. In nowadays the internet is very common thing in world. so everyone access to internet can use this service.

Security:

When you sent some cryptocurrency to anyone, you can't reverse it. It will safe receiver from any fraud.

Some Facts:

• The currency is still unknown in big area of world. There are very large amount of people don't know about cryptocurrency.
• Still there are less businesses accepting cryptocurrency. For the success of cryptocurrency, businesses need to start accepting cryptocurrency.
• People need to be educated with crypto currency. They need to know it's risks, it's usage, loss and profit in cryptocurrency.

Future of Crypto Currency aka Digital Currency:

World changes slowly, if we look back in history there was no internet, if we go back more there was not any computer, if we go back then we can read about the invention of bulb. We are now enjoying the changes of world, that's how the cryptocurrency will take over all financial systems in near future. We often shakes hands with humans, but we have to start shaking hands with digital currency. As PayPal did shake hand with crypto currencies, I don't know how much currencies are allowed on PayPal.

Bitcoin In 2010:

In the starting year of bitcoin, many people who was having bitcoin, thought it as a trash and they did not took bitcoin seriously.

Bitcoin In 2015:

Suddenly Bitcoin started rising, but it was still less popular.

Bitcoin In 2017:

Bitcoin broken all records, when it jumped from $10 to $500+ in 2017. This was the year when bitcoin got it's real popularity in all over the world.

Bitcoin In 2018:

I was experiencing price of bitcoin in 2018 everyday. And that was about $2000 to $4000.

Bitcoin In 2019:

In the end of 2018 Bitcoin jumped higher on $8000. Made me surprised. In 2019 Bitcoin was fluctuating between $8000 to $10000.

Bitcoin In 2020:

As we all knows bitcoin price in this year. It was fluctuating slowly as it do. $11000-$12500. I believe it could get success without any acceptance of companies like PayPal. Just it will make bitcoin's speed more faster.

You can see my own predictions for Bitcoin. It can be more, but not be less from my predictions.

Bitcoin In 2021:

Bitcoin will reach $15000, in starting of 2021. If not, then it must goes to $15000 at the end of 2021.

Bitcoin In 2022:

Bitcoin will cross $16500 easily in 2022. It can be more, but not be less from my predictions.

Bitcoin In 2025:

Bitcoin will fluctuate $30000-$35000. I am surely feeling this prediction, after watching it's fluctuation.

Thank you all for reading. I will try to share something more interesting next time, inshallah.
@abdt!
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