Essay about Cryptocurrency
Bitcoin, NFT, Litecoin, Ethereum. Sounds familiar? These are forms of cryptocurrency and this work has been trending in the past years. With the surge in interest in cryptocurrencies, there is a need to understand its intricacy. Cryptocurrencies have received significant attention in the past years because of its better features than the banking system. I have read a lot about cryptocurrency, but there is more to learn about the system. In social media platforms such as YouTube you can find tutorials on how to use cryptocurrencies and use it as an investment instrument. Much better, we should take a look at journal articles discussing the system so we can make informed decisions regarding the matter. In this speech, I will discuss why cryptocurrency is a more efficient system of facilitating transactions, but it also carries risks that people should guard against. The first point that I will discuss is that cryptocurrency can be considered as the fifth generation of the system facilitating commercial transactions. Next, I will discuss why cryptocurrency involves complex processes. Lastly, I will explain the risks and benefits of this new system.