Cryptocurrency as we all know is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography.
Cryptocurrency made the leap from being an academic concept to (virtual) reality with the creation of Bitcoin in 2009.
Bitcoin has attracted and progressed in the following subsequent years, it captured significant investor and media attention in April 2013 when it peaked at a record $266 per bitcoin after surging 10-fold in the preceding two months.
Bitcoin sported a market value of over $2 billion at its peak, but a 50% plunge shortly thereafter sparked a raging debate about the future of cryptocurrencies in general and Bitcoin in particular.
I believe with the existence of Bitcoin it will still make better value in the future rather than how it is now. All we need now is patience and hope for the better of cryptocurrency.
I have a feeling there are many who would disagree, but personally, I think that EOS has the most potential of all the coins I am seeing right now. I would never purchase Ripple. It is basically the opposite of everything a crypto is supposed to be. The transaction speeds and number of transactions per second with EOS are insane and it has a good model for governance which is evolving and fixing errors as they come up.
There were definitely some bumps in the road, but I think things are going to be very smooth for them moving forward.
Of course. because in the future we are no longer need paper money. everything has turned into digtal money. when shopping enough to scan a barcode. the government also does not print paper money anymore, because it will only cost money.
Oddly enough, we don't observe any widespread cryptocurrency adoption by any industry or business. Which gives you a hint - they're not excited that much about the idea