Cryptocurrency Resumed..
Hy every one and good noon (according to Pakistan)..
Last time we talked about bitcoin's history and its generation. Now we will talk about its Pros and Cons as well as about its Market value..
Last time we talked about bitcoin's history and its generation. Now we will talk about its Pros and Cons as well as about its Market value..
Pros
- Actually it has all advantages ,
- At first is decentralized( Means that no government, agency or bank controls it),
- According to experts it can not be hacked ( due to consistently changing computer algorithms),
- It brings prosperity and lessens the poverty,
- It is not limited to any state or country but it the currency of the whole world(now as the world is getting its important they have started to buy and legalizing it),
- It is a total payment solution(getting rid or ATM's and Banks as well),
Cons
- As it is totally digital currency so the one's who don't have access to computer could not have it,
- As it is decentralized if any thing wrong happens to your wallet or bank account you can not report a case against it,
- When it was first released in market it just started from 6 cents
- And now after in less than 10 years it has a value of approx. 1800$
- It value increase and decreases like other currencies in trading ,
- It makes a fall back of approx. 500$ and climb up on top of 1200$ approx,
Have a good day guyz..see ya
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