Bitcoin, Cryptocurrencies, Public chains- Steemit Crypto Academy Season 4 - Homework Post for Task 5.

This is my third task on Crypto Academy as a beginner and I hope to answer to question well in good faith with all sincerity. Thanks to @stream4u for this lessons.

QUESTION 👇👇👇👇

What Is Cryptocurrency and How You Would Like To See Cryptocurrency In The Future ?

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ANSWER👇👇👇

Cryptocurrencies are that are intangible money that has value and can only be traded(used) via the internet. I essence, they are digital currencies that operates virtually based on a decentralized system hinged on blockchain technology that cannot be tempered by any third-party.
Cryptocurrencies are there to make sure that intermediaries such as banks and central authorities are not there. This makes transaction instant/spontaneous, secure and affordable. Because cryptocurrencies works on decentralized blockchain, it usually does not operates on a central server, thus asserts of cryptocurrencies can be accessed on any computer or mobile devices. One thing that makes cryptos secure is that, it operates on a p2p system without third parties. Due to this, a secure key is required for every transaction. The keys are meant to be kept secret and safe because once its lost, all your digital asserts would be lost as well.

How I'd Like to See Cryptocurrency In The Future

With the dwindling confidence in the banking sector, I believe Cryptocurrency is the next thing to happened in the financial sector. I would like to see mass adoption of cryptocurrencies not just because I believe is the future, but i also believes that it redistributes wealth through its decentralization than the current status quo of banking system.
I foresee States and Nations adopting it as their main currency over the fiat which needs banks to secure it.

The mass adoption would not happen spontaneous or overnight but would be triggered by another financial crisis like that of 2008. In my Country where the penetration of mobile money services is high, i hope crypto would be adopted and become a medium and source of transaction.