Evolution of Cryptocurrency
Cryptocurrencies have been introduced in the 21st century and have since evolved and adapted to the needs of the market and consumer. Currently, cryptocurrency market is worth over 100 billion US dollars, but since its inception the currency has seen major shifts in usage and format.
The popularity of cryptocurrencies is on the rise. Countries like China, Tunisia, Venezuela, Senegal, Sweden, Estonia, Singapore, etc. have either created their own national cryptocurrency or are planning to launch one.
In addition, bitcoin and other popular digital currencies appear to be gaining more acceptance as a growing list of retailers and services now accept them as payment.
More and more cryptocurrencies are created every day. It all started with Bitcoin, but it is not the only cryptocurrency in the market, many people have also developed more cryptos like Ripple, Ethereum, etc.
It is safe to say we are only in the early years of cryptocurrencies. We will no longer have at our disposal only the traditional and conventional money to which we are accustomed.
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