What is Bitcoin? How to understand this in simple language?
To understand Bitcoin in easy language, you can say that it is the currency of the Internet but in reality, it is not limited to just that, so no one should be subtle with its knowledge, there is a lot to know about it.
It works on Blockchain technology, uses it as a transaction as well as an investment, it has a limited amount after which it cannot be created anymore, we need another device to keep it safe. It is known that Bitcoin is also called Digital Gold, the reason behind this is that from 2009 to 2020, investors have got startling results. In such a situation, complete information about Bitcoin is very important, for which it is important for everyone to read White Paper. It can be easily found on the Internet in both Hindi and English languages.
How do you view negative news about Bitcoin or Crypto?
Bitcoin negative news: There is currently no rule law regarding Bitcoin and digital currency in some countries along with India. All this is being considered by the government and the courts, during which it has neither been called legal nor is it in the illegal category. With the changing times and evolving technology, we all hope that in India also we will come up with rules about it which investors will follow.
If we talk about the news coming in the media, then we cannot pay attention to the news which is often negative. It is written: "Referring to the sources"... But who is/are these sources? Or do you even have any source? Such articles and news cannot be trusted where there is no foundation of news. For some time, we have been looking very seriously at our Honorable Prime Minister Narendra Modi, who has also mentioned about adopting this technology in many places and he understands its use very well.
What do you consider Bitcoin and CryptoCurrency as the currency of the future?
Bitcoin cryptocurrency exchange corporation Change with time is the law of nature, we are all seeing technology evolving day by day and getting better from tomorrow. In such a situation, Blockchain Bitcoin and CryptoCurrency will play an important role in the lives of all of us. If we look back, we can all see how PCOs have become extinct, with the time emails and Whatsapp messages have taken the place of letters, postcards, etc.
Online shopping became an important part of the life of all of us with use of technology. In such a situation, it is wrong to completely ignore Bitcoin and CryptoCurrency, the reason behind this is that many big countries are embracing this technology.
Bitcoin ATM in India: Bitcoin ATMs exist for transactions in many countries outside. Many big businesses and small stores are taking Bitcoin as payment. Some countries have put up posters on their vehicles to promote technology, some are making people aware by installing hoardings. In such a situation, it is important that along with the time, we should be aware of technology, if all other countries are adopting it, then we should also be prepared how we can make our country better by using new technology.