A currency that is not controlled by any individual or an entity  is called cryptocurrency. A pure cryptocurrency must be a democratic one that follows blockchain’s consensus mechanism.

Alternative Banking 

It is a decentralized financial system that democratizes finance. It gives the unbanked access to all. It provides many features that a traditional financial institution denies. Besides, it is an alternative to the  banking ecosystem and a way to protect our money from hyperinflation. What’s more is that it acts as an intangible asset and digital gold, surely.

“Money manipulation is the root of all evil, you can manipulate fiat but you can’t manipulate bitcoin.”

Gun Gun Febrianza, Written by

“It gives real freedom to every citizen of every country; such freedom is termed as Bitcoin Freedom”

‘Bitcoin Freedom’ , Written in

Every nation will be using their own digital currency  as their legal tender and at the same time business regimes use cryptocurrencies of their own or of others, for their every business transaction.

The digital currencies are centralized in nature and cryptocurrencies are decentralized, mostly.

Cryptocurrencies belong to neither private nor government, but belong to the public.

To summarize, cryptocurrency is just an alternative economy and ideally people should be able to exchange information, finance, goods etc through this alternative economy if they so choose.

Features

• Making worldwide payment
• Making investments and staking
• Entry to Zaka communiy
• As long-term value
• As a medium of exchange for Webbazar etc