What is a cryptocurrency? Does it include gambling?

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Avatar for budun.1
2 years ago

this time Writer will explain what is cryptocurrency and does it include gambling? Technological advances have reached new levels in the last two decades that have never been thought of before (except for science fiction writers). From smartphones, tablets, computers and now the new generation of digital money, also known as cryptocurrency. Many people use debit and credit cards instead of the physical money they carry in their wallets to pay for all kinds of groceries. In addition, people now use e-commerce applications on their smartphones for e-payments. But in this millennium, there are several cards or applications to pay for your assets, and in fact it is a "cryptocurrency".

Not everyone knows what a cryptocurrency is. Few even consider it a scam (online fraud). There are also those who think that cryptocurrencies are not real until they know how to do it. we will start with the history of cryptocurrency, the cryptocurrency created by David Chaum was created in 1983. he is a cryptography expert from USA, then he started developing digicash in 1995. digicash is a digital currency that cannot be tracked by publishers, governments, and other parties. and in 2009, the emergence of the first coin, namely bitcoin, created by Satoshi Nakamoto, bitcoin is the most popular coin in the world, although the glory of bitcoin has only appeared in recent years. Satoshi Nakamoto is an enigmatic figure who created bitcoin in 2008 but released the coin as an open source soft coin in 2009. bitcoin itself is very limited in quantity, there are only 21 million bitcoins in the world, there are two kinds in the bitcoin world, namely miners and traders, miners are the people who manage bitcoin servers and are responsible for verifying bitcoin transactions. . they are then rewarded with bitcoins and alternative coins (altcoins). while a trader is a person who buys and sells in the same way as the activity of selling or buying a country's foreign exchange assets, etc. 

The development of cryptocurrency technology is increasingly attracting people all over the world, as well as more and more companies producing cryptocurrencies. such as binance, etherium, dogecoin and many more. Bitcoin or BTC is the most popular, especially for beginners. Besides bitcoin there are many other cryptocurrencies such as Ethereum, Litecoin, Ripple, Dash, IOTA, Monero, Zcash, Cardano, Stellar, NEM, NEO and Tron.These cryptocurrencies, in addition to having similarities, also have differences, both in terms of usage, trade and politics.Japan has officially opened its doors to digital currency as a legal trading tool other than physical money. Japan and South Korea are driving high cryptocurrency traffic according to CoinMarketCap. In fact, South Korea made major improvements in 2017 to more secure Bitcoin transactions. Some people say that cryptocurrencies tend to be bad due to their nature, which expands and blooms like bubbles. There are great benefits, there are even profits even just lying in bed.Many large corporate merchants now accept virtual money as a payment method. AirBaltic became the first airline to accept Bitcoin in 2014, followed by other airlines such as Southwest and American Airlines.

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Welcome brother, I think this is your new article, good enough to read but if you can pay attention to the distance of the paragraphs okay.

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