Q. How can Bitcoin or any other crypto coin become the currency of the future with so much volatility?
How can Bitcoin or any other crypto coin become the currency of the future with so much volatility?
What needs to happen for it to become stable?
Asked in CategoryCryptocurrency
Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.
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