This in an excerpt from this book
Cryptocurrency is a new and evolved digital currency. It has been around for years now, old enough to have captured the imagination of millions of users and investors. Unlike conventional money, Cryptocurrency is not physically present anywhere, yet at so many places virtually. There is no bound of either government or any administration, it can only be physically realized or related to the virtual online system.
Bitcoin is being used worldwide for online transactions and buying products over the internet. From online stores to online gaming industry many use Bitcoins. Most of the Cryptocurrency market is occupied by Bitcoins alone and contributes to the majority of Cryptocurrency trading. There are hundreds of other players like Ethereum, Litecoin, and Zcsah etc. and is gaining traction slowly. These Altcoins have opened enormous amount of investment opportunities for Cryptocurrency Investors.
People who invested at the very beginning of Bitcoins or Ethereum made unbelievable profits, which caused skepticism amongst the traditional currency investors. Growing rapidly the market is worth billion, matched by the growth of the internet. Around 1, 00,000 businesses and ventures have incorporated Bitcoin and Altcoins among their payment system. It’s not only a better faster way of money transactions but currency itself is worth thousands of dollar at the moment. Not only users but investors are gathering around the bubble of Cryptocurrency.
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