Can we rely on Cryptocurrencies like Bitcoin?


 Future belongs to technology.      Cryptocurrencies make peer-to-peer financial transactions a lot      easier. This currency can be sent from any part of the world to      any part of the world. Hence there will be no struggle of exchanging      the currencies like Dollar to Rupee etc.

 While travelling the world, there      will no hurdle of exchanging our currencies with local currencies.

Banks do charge us a part of the      money we send or receive. With cryptocurrency, middlemen like      banks will be eliminated, hence there will be no loss to us in      financial transactions.

 These transactions can be      verified. Each coin is assigned a unique number.  One of the top economies of the      world, Japan officially recognizes Bitcoin as currency.