Crypto currency and Bitcoin's future And why bitcoin is so valuable

What is the acceptance of Bitcoin and how much acceptance of many banks in the world and why I posted it today on the famous price.

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If anyone thinks of being a very risky 'stock' or 'share' of Bitakayena, which today can make Amir a fakir tomorrow, in which almost everything is tax evasion and fraud, then he can not be blamed at all. Since such a thing is happening, again the news is being made and people are spreading in the face. The risk is not wrong, Amir / Fakir's prediction is also correct. Those who are part of the bits of coins, they are also saying. But none of these is 'Bitakayana', that's what's going on with bitcoins. Bitcoins are one of the most inventive, 'block chains' technology, the first 'cryptocurrency' based on them. Bitcoin is a secure software. Experts agree that the 'blockchain' technology at the root of the bits of coins is revolutionary, very reliable. Banks, financial institutions, should also use 'block chains' technology.

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Recently, suddenly all of his incredible price blasts took place. Nobody can take a walk on this. The Chicago Exchanges have been allowed to sell futures for bitter coins. Many renowned institutions including Marily Lynch, Bank of America, say this is not 'bubbub'. There is the reason behind this increase in prices. Because there is a reason because there is too much depth. As much as economic, its equivalent or more technical and scientific. This 'crypto coin' has the power to change society and the economy. Already 'block-chain' has been adopted as a new potential technology. There is a lot of research and concrete discussions on which to contribute in some areas.

Crypto-currency discovery efforts have long been running. It is possible to discover such a coin from 'cryptography' (cryptography), researchers know that in the eighties. But some of the problems they failed to solve. In two or eight years, an unknown researcher resolved all those problems and sent a research paper to the Internet forum. Wonderfully his solution is useful. His name is "Block-chain" Based on the block-chain, the first 'crypto-coin' is invented, whose name is bitcoin. Due to its sky-high prices, and due to high frequency, most of the people in this present time are considered as assets without thinking of money.

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♦What is the need of bitcoin or cryptocurrency?

As society and life are progressing, with the advancement of science, so are the progress of financial instruments. There has been a lot of evolution of coinage. From coin to coin it has become a currency of paper. Advanced technology is being used to counter duplicate Then came credit card, debit card. With that, the economic exchange became more and easier. These can be called "digital currency". But the most incredible progress has been the "crypto coin". Let's outline some of these characters.

√1. There is no government or organization. The world's huge population is circulating this currency through a very secure network. No one is a policymaker, everyone is equal, just a network node. Buyers from the seller directly, without anybody's intervention, will be safe and sure to leave this currency. There is no central form of this currency system, it has been completely decentralized here. It is directly referred to as a "buyer-seller" (peer-to-peer) network.

√2. As a result, one person will be able to buy something by sending coins from Ghana to China. There is no issue with any bank, no exchange rate matter. There is no middleman, that's the currency design.

√3. This currency can move from one country to another at an accelerated pace. It takes a maximum of ten minutes for bitcoins. But some other 'crypto coins' might change hands in less time. However, in the current wire transfers, one day to another country has to go to another country.

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√4. The fee that a currency receives from one person to another, the name is only. It is not dependent on the amount of money sent again. Send a bit of coin, which is a fee, send one million bits of coins to the fees. Compared to the current money transfer fee, here too, "crypto coins" are far ahead of convenience.

√5. The 'crypto-currency' lane-donation cannot be made. Once it is transferred, it can not be withdrawn or modified in any way. In many countries of the world, thousands of machines are recording it. This transaction is irreversible.

√6. There is no inflation in 'cryptocurrency'. The number of these coins is predefined, so it can not be printed more like money. Different countries, like publishing their coins more openly or secretly, are trying to increase their international purchasing power, and that 'coin war' (currency war) is going to start, 'cryptocurrency' is absolutely impossible. The maximum number of such Bitcoin is fixed at 2.1 Crores.

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♦Why so much price?

★The reasons for rising prices are as follows:

√1. It is believed that in the near future everybody will use 'crypto-coin' throughout the world. It can be understood this way, if anyone used to say that twenty years ago everyone would use mobile phones around the world, it might not have been very believable. Many people think strongly about this happening here.

√2. The number of bitcoins is limited. So there is nothing to be surprised at the price of a bitcoin too much. Because all the resources of the world will be bought with limited bits, so the price of each will be Skyscraper.

Believe in Yourself by @eliashossain