There are more than 1600 cryptocurrencies are availble in the internet. But we were going to focus first in bitcoin. So come and join us in this informative adventure.
Bitcoin is the most popular or well-known cryptocurrency in the world. With the use of smarthphones or comouter, you can have this virtual cash which helps the people to buy products or items.
In reality, you have a purse wherein you put your cash there and make a transaction to the owner of the store, people you owe and any negotiation you have. But in these, you have a this called "digital wallet" where you put your coins and make transaction to the people online. Safe and sound. because every transaction you have will be recorded in a public list and they call it Blockchain.
Since bitcoins is valuable and relevant nowadays because of its usefulness and the security that your virtual cash is safe. We still have to be careful when it comes to this because there are some people out there who like to steal.
On my perspective to the blog I've just red that in the virtual world, Cryptocurrency and blockchain is the modern way to transfer our money to the people we want us to send because trusting and relying to the bank or what is still kinda dangerous because we dont know how it works and what if there is a mistake happen when transferring it. So the idea with this, Why dont we educate ourselves when it comes to this and transfer your money by yourself. We should be independent since it is our money.