When it comes to the Future of Money, there is a growing consensus that cryptocurrencies are set to play a major role.
Cryptocurrency is a ‘Virtual Currency’or “Digital Asset” that uses advanced encryption technology to facilitate free & secure peer to peer transactions. Most cryptocurrencies are fiat currencies by nature, meaning they have no physical value tied to them. Cryptocurrencies are also usually not controlled by any government or country. The value of a cryptocurrency is solely determined by supply and demand as it traders buy and sell the currency on the public traded exchanges and the actual value they are providing to the merchants, consumers and overall marketplace.