There was a time in the past when people had no idea about cryptocurrency and people didn't recognize it. There were various questions about crypto in people's minds. There are many ideas about cryptocurrency today and many people are familiar with cryptocurrency now.
In the past many governments were against it but now they have adopted it. It is slowly spreading all over the world and it is becoming acceptable in all countries. Sadly, it has not yet been adopted in my country .
Physical money is the legal money of a country and each country has its own money. These funds are transacted through banks and if a person wants to transact through or keep his savings in the bank then he has to open an account there by all his personal information. Which is disliked by many. If you deposit money in the bank , the bank will know how much money you have deposited. It is not to the liking of many. Many people want to protect the privacy of their money and they do not like this system.
First of all let me say that I am a crypto lover and I
like this digital form of money. In the past people were skeptical about this money but now people are not skeptical about this cryptocurrency and people are starting to accept it. Due to its various advantages people have started accepting and liking it. The reasons I prefer cryptocurrency are discussed below.
- Cryptocurrency Wallet is very secure and that is why you can keep your money safe here.
- Transactions through cryptocurrency are very fast and this is why I like it so much.
- Your own right in your own wallet and that's why I like it so much.
- It is possible to protect the privacy of your money through cryptocurrency.
- It is almost impossible to hack cryptocurrency wallet
- Investing in cryptocurrency is profitable but you need to make the right decision and plan for it.
- One coin can change your destiny completely and with one coin you can become very rich.
There are also many other advantages to cryptocurrency. But there is one major drawback, and that is if you lose your wallet's private key, you will never get your funds back. So the private key of the wallet should be kept in a safe place at all times. Such mistakes are made by unconscious people and there is nothing wrong with cryptocurrency. However, I prefer cryptocurrency for this advantage.