WHAT IS CRYPTOCURRENCY
Cryptocurrency is means of transaction.
It is a virtual transaction nobody can touch and see this. first cryptocurrency is most popular bitcoin.
This bitcoin payment is through computer. No one can control cryptocurrencies.
image source
In ancient times no one knew about cryptocurrency and it was not popular.
AFFECT ON GLOBAL SOCIETY
This topic is most popular all over the world in recent times
Cryptocurrency is putting a lot of effect in the global society too, there are many reasons why people like cryptocurrency more.
1 Transferring facility
This makes transferring easy. There is no rate to transferring the money.
2 Physical currency will stop.
3 Just as one has to take new currency to go to another country, similarly people will not have to take new currency. Each country will use one currency
As we are familiar with how Hive uses cryptocurrency
By the way, this can also harm the government.
Affect on India
No much population of India know abut cryptocurrency. Most of them consider that a fake currency.
India may not be ready to give any approval to cryptocurrency. RBI did not consider the cryptocurrency in good way
Cryptocurrency can impact Indian society when they allow cryptocurrency to be used in future. Payment will be faster
and many more benefits. But recently not ready to approve.
Thank you reading my blog😊.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
Read our latest announcement post to get more information.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
Congratulations @vandanabhatt! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 700 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!
Nice post about crypto related.
If you can, tell Indians that cryptocurrency has come to stay, and that it's going nowhere soon, and that the sooner they recognise its relevance, the better for them and everyone.