Is crypto the future money?

1. FUTURE
MONEY
IS CRYPTO FUTURE OF
MONEY?

2. CONTENT
INTRODUCTION
HISTORY OF CRYPTO CURRENCY?
HOW CRYPTO CURRENCIES WORKS?
IS CRYPTO FUTURE OF MONEY?
BENEFITS OF CRYPTO CURRRENCY
DISADVANTAGES OF CRYPTO CURRENCY
CONCLUSION

3. INTRODUCTION
 Simply a Crypto currency is a Digital Currency.
 A crypto currency is an encrypted data string
that denotes a unit of currency. It is monitored
and organized by a peer-to-peer network
called a blockchain, which also serves as a
secure ledger of transactions.
 There are over 18000 crypto-
currencies in existence as of
March 2022

4. HISTORY OF CRYPTO
CURRENCY
 In 1998, Wei Di published a Description of “B-
Money”, an annonymous, distributed
electronica cash system.
 Nick Szabo created “bit-gold’ like “bit-coin”
and other crypto currencies.

5. HOW CRYPTO CURRENCY
WORKS
Cryptrocurrencies are generated through a
process called “mining”. This is a complex
process.
Basically, miners ar required to solve certain
Mathematical puzzles over specially equipped
computer systems to be rewarded with bitcoins
in exchange.

6. Mining process of cryptocurrency
1
• ELECTRICITY
• The only input you ever provide.
2
• MINING HARDWARE
• The mining PC you setup.
3
• CRYPTOCURRENCY
• The mining hardware generates cryptocurrency.

7. IS CRYPTO FUTURE OF
MONEY?
The concept of money is something that’s
constantly evolving. There was a time when
money existed only in the physical form but
today, we can’t even imagine a world without
digital payments. So it will come as no surprise
that in future cryptocurrencies too will work as
money. You will be able to buy coffee or pay for
your cab ride using cryptos. It only seems like a
question of time.

8. BENEFITS OF CRYPTO
CURRRENCY
 Easy to carry.
 Simple, Fast, Safe and Cheap.
 Low inflation and Collapse Risk.
 Untraceable.
 Access to Everyone.
 Decentralization Nature.

9. DISADVANTAGES OF
CRYPTO CURRENCY
 Lack of Awareness and understanding.
 Risk of Volatility.
 Still developing.

10. CONCLUSION
As you can see, any crypto-currency until now is
not perfect. It have many advantages; however,
it also has its disadvantages. This is mostly due
to the fact that it is still a relatively young and
new currency. People are just beginning to
become more aware of it. In order for Crypto to
succeed, more people need to understand what
it is.