Hi Steemians!

I am very hopeful that you all are doing well. Todays I want to discuss you about all the real facts about cryptocurrency, and I am hopeful that your all queries regarding cryptocuurency may be overcomes. So, let’s know about reality of cryptocuurency?

What is Cryptocurrency?

Cryptocurrency is basically a digital currency which the developed countries used to buy goods or services. Moreover, it is also used for the trading purposes. It is used online ledger having strong cryptography to protect online transactions. Many of the developed countries have changed their currencies into token system like arcade or casino chips. But still there are some people who deny digital currency, but it is not true.
(Image sourcehttps://images.app.goo.gl/1PnVYPCiPcPAbKxR8)

Role of Digital Currency 💵

Digital currency is playing a key role in trade and exchange of goods and services. Here some people ask that how it works? The answer to this question is quiet simple it works by using a technology called as Blockchain which is spread across many systems and it manages all the records such as transactions.
There are many types of digital currencies have been launched. About 6700 digital currencies according to a recorded data are currently working across the globe. You may know about bitcoin it is the top ranked currency in all over the world, but if we look at the past the peoples are denying it but it’s a reality. The current worth of Bitcoin is about 969.6$ billion. Just imagine how fast this digital currency is growing continuously.
(Image Sourcehttps://images.app.goo.gl/PnZLxWNShWPK9o59A)

Similarly, Ethereum, Tether, Cardano and Binance Coin are the leading currencies by worth.

Incredible Platform: Steemit

Steemit is an other platform where I'm currently working is also an online application which is designed to built up the blockchain using eponymous cryptocurrency steem and gives the users reward for their content writing and blogging. The users can get pay by receiving votes on their post. The users may also get rewards for findings and upvoting the content. This is really an appreciable platform for youth to explore their thoughts and ideas and in return also get rewards.
(Source image https://images.app.goo.gl/C5BPAs5NPoU5HTyy9 )

Why Cryptocurrency is popular

Now the peoples have thirst to know why this is so popular? Now we look at their popularity, The actual reason behind its popularity is that it is valuable more in their future because it is continuously growing. For Example if the people buy any good it becomes more valuable in future, and it gives them support.
(Image source https://images.app.goo.gl/FxiXm96YMJT3Nuom6

Blockchain Technology

Moreover, Blockchain technology becomes another reason because it decentralize the recording and transactions records. The success of any digital currency relies on the stability such as bitcoin. As we know it’s a digital currency so its value may either decrease or increase such as bitcoin in December 2017 its value decrease about 3200$ but its again strengthen at a record level in December 2020.
Now we have to know about how we can buy cryptocurrency? We just need a wallet an online app which can hold your own currency and by creating an account, there is an option to exchange it into any online currency such as bitcoin and Ethereum. Coinbase is the most popular currency in which we can create an account and here is the option to sell and buy any type of cryptocurrency.
(Image Source) https://images.app.goo.gl/Y45NY7M4EnqNsdr5A

These are the few real facts about cryptocurrency, and I hope you all will understand better now. The world is totally shifting towards cryptocurrency as in the form of token and casino chips. Japan is the best suitable example here. Japanese use token to buy and sell goods or services. So, we have to realize about the truth of cryptocurrency.

Best wishes for all of you guys and stay happy.

Special Thanks:
@azamrai
@ahmadchemist373