What Is Cryptocurrency

Hi friends. My name is Ashish Shivaji Karne. I am here to talk with you.

It's very essential to earn money nowadays. You cannot sit without earning.

My topic is how you can earn money. How you can earn cryptocurrency. 

Cryptocurrency is a new method of payment in this century. In old age, there was a barter system. Then there were cash system coins and notes. People used to carry cash, letters, or currencies. If the amount is large then it is tough to carry the load.

Then came card payment. It was a revolution. It was never before an idea. Now people can send money through a card. The card is a debit card or credit card. The debit card is also called atm. Using a debit card or ATM we can pay money by already having money in our account. 

From a credit card, we can pay money by taking credit. hopefully, you understand what  I am trying to say.

Now times changed. There are many banks are there. Every and all bank offer payment methods like cash, atm, and credit card. Every bank is controlled by the central bank. Bank gives us loans also. Bank gives us interest on our savings also.

Also, there will be staking rewards on crypto. You can lock your crypto or there will be no need to lock crypto for getting staking rewards. Crypto is not the authorized currency of any country. Crypto was started with bitcoin. Bitcoin was invented by Satoshi. But the clear proof is not there that who invented crypto bitcoin. Bitcoin is called BTC. And every single unit of Bitcoin is Satoshi. There are some sites or application which gives you a little amount of crypto for tasks, as a reward. That sites or apps are called termed as faucets. You can earn through the faucet. You can earn currency through the faucet. 

Bitcoin is the richest source of money. Bitcoin is so much more costly. Initially, bitcoin was of small price, but nowadays bitcoin has left the ground and touched the sky. You can never tell if crypto prices will go up or down. Crypto is so much risky. Crypto doesn't have a specific fixed value. If you have more crypto to buy, you are taking so much risk.

A cryptocurrency is a specific digital currency or specific online currency. Online means it's not hard currency. It does not have printed notes of coines made from metal or anything. You can store cryptocurrency.

Taking cryptocurrency you can buy, and purchase goods or services. I saw online a rikshaw driver was taking passengers for cryptocurrency. It is the new trend. There is no physical coin in the cryptocurrency. So if you go to the local market and try to purchase goods and services with crypto, you will fail, you can't buy stuff. Very few people are currently accepting cryptocurrency as a way of buying or purchasing.

Cryptocurrency is an online ledger. There are some cryptocurrency exchanges where we can convert our crypto to cash, for example, if you are from the United States then you will buy used.