Cryptocurrency would change our entire life?

Eka Putri Yuningsih
2 min readJan 4, 2022

Crypto currency become more popular since the Pandemic come because of COVID. In this era, digital platforms are very important, Almost all daily activities require a digital platform. Cryptocurrency is a digital currency that uses cryptography to secure and verify transactions, as well as to control the creation of new units of a particular digital currency that has been widely used. Cryptocurrency is also a key part of the operation of some decentralized financial networks, where digital tokens are an important tool for carrying out transactions.

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With Cryptocurrency, we can buy goods and services that also can be used as investment vehicles. We can do easily online shopping because we don’t have to pay the intermediary fee, tax and of course it will push the price down. Another example is related to money transfers. If you are going to transfer money to a friend who is abroad, you will of course need to pay taxes. we can immediately transfer with cryptocurrency directly to the cryptocurrency wallet. Cryptocurrency is an incredibly speculative and volatile buy. Stock trading of established companies is generally less risky than investing in cryptocurrencies such as Bitcoin.

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Bitcoin (BTC) is the first and most popular Cryptocurrency. Bitcoin was created in 2009 on the heels of the economic recession. Bitcoin was created to be an electronic peer-to-peer cash system but has also attracted crypto-curious investors as a store-of-value currency, comparable to gold.

There are many cryptocurrencies that have already been created such as Ethereum (ETH)Litecoin (LTC), Cardano (ADA), Polkadot (DOT), Bitcoin Cash (BCH), Stellar (XLM), Dogecoin (DOGE), Binance Coin (BNB), Tether (USDT), Monero (XMR) and many more.

If we see about the trend, cryptocurrency will be the next future payment on the internet that people will use later on.

For more up-to-date information about Cryptocurrency follow @lagicuan on Instagram.

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