IMPACT OF CRYPTOCURRENCY .

in #crypto5 years ago

(pic taken from bitfolio.org)
"cryptocurrency " hey! wait do we know the real aim to get this currency born? i think most of us know but not exact .
lets have quick flash back to get familiar with this virtual economy .

in 2008, there was a mankind(satoshi Nakamoto ) who created a peer to peer blockchain so called bitcoin which was currently known as the king of cryptocurrency.

Now, we know that " Invention is the mother of our necessity " what exactly happened at that time when satoshi Nakamoto created bitcoin but at early stage it was just like Dogecoin in value but slowly it started getting growth and popularity and todays everybody knows and adopted by mass.

so, if you aware of this coin and hold at-least 1000 bitcoin then you realised that you are capable to get retired from your work and get luxurious life in present time.
About me , i was aware but couldn't realised and buy that time ...haha. it was my bad.

in 2008 , bitcoin was used by some retailers or commercial places to use as mode of payment like pizza shop but after 2012 it start as big value and also considered as gold commodity .many exchanges started launching on their site and used as trading platform with various pairs.
bitcoinmarket.com was first trading platform for bitcoin.

Now, lets move on in the year of 2018 , After great success of bitcoin cryptocurrency there was a market who was looking forward to expand the virtual currency business and gave many other alt coins called ethereum , ripple , steem, dash etc
who was been created in 2011 onwards , did great contribution to create a market for crypto currency .
one-day, in 2017 the market was hit 8 billion dollars and had great potentiality to grow further but the government around the world started awakening and start banning and regulating these currency which put great negative impact on market which lead the market in such a bad condition but todays i will confidently tell you that cryptocurrency is not here to get end one day but to guide the world to get as an option to fight with todays corruption, transparency issue, fees and time consuming process.

let me make you belief that one day virtual currency will rule the world . why i am telling all because i can prove my words by giving you all facts.

#1 nowadays, there are more than 1000 crypto exchanges around the world which transacting in huge volume , just imagine how would be after 10 more years.

#2 cryptocurrency breaking all the barriers and giving equal opportunity to every one .
#3 demand of present time to become cashless ,paperless which will be only happening by virtual currency.
#4 crypto currency is bridging the world to be united .
#5 crypto would provide corruption less environment .
#6 crypto will increase the tendency to become fast .

we are living in the world where your tv, phone, aircon, cooking product even city must be smart then why not your payment equilibrium , safety measures , security, health care system even your country economy can be smart !
think guys...and just support whichever crypto you like to contribute to the world to get changed.

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Cryptos are mostly for speculation now. Hopefully it changes sooner or later.


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