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Showing posts from November, 2020

Cryptocurrency: The Future of Currency

Nowadays, many people are aware of cryptocurrency and how it works. Thanks to all the news and information regarding cryptocurrencies and blockchain. If you go through current cryptocurrency news , you will be able to understand more about it. Just like in a casino, chips are exchanged for money to play, cryptocurrency is also traded online in exchange for goods and services. Real currency or denominations are exchanged online with cryptocurrency to receive some particular goods and services. Cryptocurrency works on the basis of Blockchain technology. The blockchain technique is broadly used in many computers to record and handle large transactions. This technology plays an important role in maintaining its security. Thanks to the internet era, whenever one wants to know about cryptocurrency, he/ she can easily browse through social media channels or other news sources. The legality of cryptocurrency changes from country to country. For instance, it is legal to use cryptocurrency