Cryptocurrency or cryptocurrency is a collection of binary data, which acts as an exchange, that is, as an exchange

1. What is cryptocurrency and how does it work?
Cryptocurrency or cryptocurrency is a collection of binary data, which acts as an
exchange, that is, as an exchange. Records of ownership of privately made coins are
stored in a ledger, which is a computerized database and controls and ownership of
additional coins to store transaction records. And a strong and highly secretive coding is
used to secure its transfer. This is called cryptography. Cryptocurrency is basically fiat
currency, which cannot be converted into notes, nor can it be converted into anything.
Cryptocurrency is basically a system of value. When investors buy cryptocurrencies,
they buy with the expectation that their value will increase in the future, just as stock
market investors buy securities and they believe that the company will grow and share
prices will rise. , But rising stock prices depend on discounted estimates of the
company's future cash flow. While cryptocurrency does not have such a system,
because it does not have any company or industrial entity, but its dependence is
connected with the purchase of investors. That is, the value of a cryptocurrency
depends on the likelihood of investors buying an asset or the usefulness of a
cryptocurrency blockchain. The cryptocurrency operates on blockchain technology.

2. What is Blockchain?
The term has become so commonplace that its meaning has become blurred. Basically,
blockchain is a digital ledger of investment transactions, distributed across a network of
computer systems. Not a single computer system controls it, but a decentralized
network of many computers operates the blockchain and verifies the transactions that
take place in it. Proponents of Blockchain technology say it is a transparent system that
enhances trust and protects data shared on the network. Opponents say the blockchain
is a cumbersome, inefficient, costly and energy-intensive system.
According to John Lensky, the cryptocurrency system has six conditions:
This system does not require any central authority. This system monitors and monitors
cryptocurrency units and their ownership. This system determines whether new
cryptocurrency units can be created or not. If new cryptocurrency units can be created,
the system explains how to determine the ownership of these new currency units and
their actual status. The ownership of cryptocurrency units can only be proved by
cryptography. Transactions are carried out through this system, through which the
ownership of cryptographic units is changed. Transactions can only be done under this
system and this proves the current ownership of these units. If two different applications
are submitted simultaneously to change the ownership of a cryptographic entity, then
the system will accept only one of them. Cryptocurrency any physical form Does not
exist in, as paper notes nor is it issued by any government agency or any state
institution (as rupee notes are issued with the signature of the Governor) but rather it is
a central bank digital currency (CB) Works against DC). It has no central control system.
۱۹۸۳ David Cham, an American cryptographer, put into practice the concept of
cryptographic electronic money, dubbed "e-Cash". He later made further changes,
introducing "Digicash", an early form of cryptographic electronic payment, through which
banknotes were withdrawn and sent to the recipient. At the same time, specific
encrypted keys were sent to the recipient through software. This digital currency could
not be traced by banks, government or anyone else. It is said that the first decentralized
cryptocurrency "bitcoin" was created by Satoshi Nakamoto. Does not exist, as is the
case with paper notes, nor is it issued by any government agency or any state institution
(as rupee notes are issued with the signature of the Governor) but rather it is a central
bank digital currency (CBD). C) works against. It has no central control system. ۱۹۸۳
David Cham, an American cryptographer, put into practice the concept of cryptographic
electronic money, dubbed "E-Cash". He later made further changes, introducing
"Digicash", an early form of cryptographic electronic payment, through which banknotes
were withdrawn and sent to the recipient. At the same time, specific encrypted keys

3. were sent to the recipient through software. This digital currency could not be
traced by banks, government or anyone else. It is said that the first decentralized
cryptocurrency "bitcoin" was created by Satoshi Nakamoto. Does not exist, as is
the case with paper notes, nor is it issued by any government agency or any
state institution (as rupee notes are issued with the signature of the Governor)
but rather it is a central bank digital currency (CBD). C) works against. It has no
central control system. ۱۹۸۳ David Cham, an American cryptographer, put into practice
the concept of cryptographic electronic money, dubbed "e-Cash". He later made further
changes, introducing "Digicash", an early form of cryptographic electronic payment,
through which banknotes were withdrawn and sent to the recipient. At the same time,
specific encrypted keys were sent to the recipient through software. This digital currency
could not be traced by banks, government or anyone else. It is said that the first
decentralized cryptocurrency "bitcoin" was created by Satoshi Nakamoto. Not like paper
notes nor is it issued by any government agency or any state institution (as rupee notes
are issued with the signature of the Governor) but it is a central bank digital currency
(CBDC). Works against It has no central control system. ۱۹۸۳ David Cham, an
American cryptographer, put into practice the concept of cryptographic electronic
money, dubbed "e-Cash". He later made further changes, introducing "Digicash", an
early form of cryptographic electronic payment, through which banknotes were
withdrawn and sent to the recipient. At the same time, specific encrypted keys were
sent to the recipient through software. This digital currency could not be traced by
banks, government or anyone else. It is said that the first decentralized cryptocurrency
"bitcoin" was created by Satoshi Nakamoto. Not like paper notes nor is it issued by any
government agency or any state institution (as rupee notes are issued with the
signature of the Governor) but it is a central bank digital currency (CBDC). Works
against It has no central control system. ۱۹۸۳ David Cham, an American cryptographer,
put into practice the concept of cryptographic electronic money, dubbed "E-Cash". He
later made further changes, introducing "Digicash", an early form of cryptographic
electronic payment, through which banknotes were withdrawn and sent to the recipient.
At the same time, specific encrypted keys were sent to the recipient through software.
This digital currency could not be traced by banks, government or anyone else. It is said
that the first decentralized cryptocurrency "bitcoin" was created by Satoshi Nakamoto.
Like paper notes nor is it issued by any government agency or any state institution (like
rupee notes are issued with the signature of the Governor) but it is against any central
bank digital currency (CBDC). Works It has no central control system. ۱۹۸۳ David
Cham, an American cryptographer, put into practice the concept of cryptographic
electronic money, dubbed "E-Cash". He later made further changes, introducing
"Digicash", an early form of cryptographic electronic payment, through which banknotes
were withdrawn and sent to the recipient. At the same time, specific encrypted keys
were sent to the recipient through software. This digital currency could not be traced by

4. banks, government or anyone else. It is said that the first decentralized cryptocurrency
"bitcoin" was created by Satoshi Nakamoto. Like paper notes nor is it issued by any
government agency or any state institution (like rupee notes are issued with the
signature of the Governor) but it is against any central bank digital currency (CBDC).
Works It has no central control system. 1983 David Cham, an American cryptographer,
put into practice the concept of cryptographic electronic money, dubbed "E-Cash". He
later made further changes, introducing "Digicash", an early form of cryptographic
electronic payment, through which banknotes were withdrawn and sent to the recipient.
At the same time, specific encrypted keys were sent to the recipient through software.
This digital currency could not be traced by banks, government or anyone else. It is said
that the first decentralized cryptocurrency "bitcoin" was created by Satoshi Nakamoto.
Not only is it issued by a government agency or a state agency (like rupee notes are
issued with the signature of the governor) but it also works against a central bank digital
currency (CBDC). It has no central control system. 1983 David Cham, an American
cryptographer, put into practice the concept of cryptographic electronic money, dubbed
"E-Cash". He later made further changes, introducing "Digicash", an early form of
cryptographic electronic payment, through which banknotes were withdrawn and sent to
the recipient. At the same time, specific encrypted keys were sent to the recipient
through software. This digital currency could not be traced by banks, government or
anyone else. It is said that the first decentralized cryptocurrency "bitcoin" was created
by Satoshi Nakamoto. Not only is it issued by a government agency or a state agency
(like rupee notes are issued with the signature of the Governor) but it also works against
a central bank digital currency (CBDC). It has no central control system. 1983 David
Cham, an American cryptographer, put into practice the concept of cryptographic
electronic money, dubbed "E-Cash". He later made further changes, introducing
"Digicash", an early form of cryptographic electronic payment, through which banknotes
were withdrawn and sent to the recipient. At the same time, specific encrypted keys
were sent to the recipient through software. This digital currency could not be traced by
banks, government or anyone else. It is said that the first decentralized cryptocurrency
"bitcoin" was created by Satoshi Nakamoto. (As rupee notes are issued with the
signature of the Governor) but it works against any Central Bank Digital Currency
(CBDC). It has no central control system. 1983 David Cham, an American
cryptographer, put into practice the concept of cryptographic electronic money, dubbed
"E-Cash". He later made further changes, introducing "Digicash", an early form of
cryptographic electronic payment, through which banknotes were withdrawn and sent to
the recipient. At the same time, specific encrypted keys were sent to the recipient
through software. This digital currency could not be traced by banks, government or
anyone else. It is said that the first decentralized cryptocurrency "bitcoin" was created
by Satoshi Nakamoto. (As rupee notes are issued with the signature of the Governor)
but it works against any Central Bank Digital Currency (CBDC). It has no central control

5. system. 1983 David Cham, an American cryptographer, put into practice the
concept of cryptographic electronic money, dubbed "E-Cash". He later made
further changes, introducing "Digicash", an early form of cryptographic electronic
payment, through which banknotes were withdrawn and sent to the recipient. At
the same time, specific encrypted keys were sent to the recipient through
software. This digital currency could not be traced by banks, government or
anyone else. It is said that the first decentralized cryptocurrency "bitcoin" was
created by Satoshi Nakamoto. It works against a central bank digital currency (CBDC).
It has no central control system. 1983 David Cham, an American cryptographer, put into
practice the concept of cryptographic electronic money, dubbed "E-Cash". He later
made further changes, introducing "Digicash", an early form of cryptographic electronic
payment, through which banknotes were withdrawn and sent to the recipient. At the
same time, specific encrypted keys were sent to the recipient through software. This
digital currency could not be traced by banks, government or anyone else. It is said that
the first decentralized cryptocurrency "bitcoin" was created by Satoshi Nakamoto. It
works against a central bank digital currency (CBDC). It has no central control system.
1983 David Cham, an American cryptographer, put into practice the concept of
cryptographic electronic money, dubbed "E-Cash". He later made further changes,
introducing "Digicash", an early form of cryptographic electronic payment, through which
banknotes were withdrawn and sent to the recipient. At the same time, specific
encrypted keys were sent to the recipient through software. This digital currency could
not be traced by banks, government or anyone else. It is said that the first decentralized
cryptocurrency "bitcoin" was created by Satoshi Nakamoto. The concept of electronic
money was put into practice, which was dubbed "e-cash". He later made further
changes, introducing "Digicash", an early form of cryptographic electronic payment,
through which banknotes were withdrawn and sent to the recipient. At the same time,
specific encrypted keys were sent to the recipient through software. This digital currency
could not be traced by banks, government or anyone else. It is said that the first
decentralized cryptocurrency "bitcoin" was created by Satoshi Nakamoto. The concept
of electronic money was put into practice, which was dubbed "e-cash". He later made
further changes, introducing "Digicash", an early form of cryptographic electronic
payment, through which banknotes were withdrawn and sent to the recipient. At the
same time, specific encrypted keys were sent to the recipient through software. This
digital currency could not be traced by banks, government or anyone else. It is said that
the first decentralized cryptocurrency "bitcoin" was created by Satoshi Nakamoto. Used
to go This digital currency could not be traced by banks, government or anyone else. It
is said that the first decentralized cryptocurrency "bitcoin" was created by Satoshi
Nakamoto. Used to go This digital currency could not be traced by banks, government
or anyone else. It is said that the first decentralized cryptocurrency "bitcoin" was created
by Satoshi Nakamoto.

6. Crypto Quantum Leap will teach you how to get rich with Bitcoin and
cryptocurrencies even if you know nothing about technology.
Bitcoin is the largest and most popular cryptocurrency, but it was not the first
decentralized digital currency. Earlier, there was cryptocurrency called eCash and
DGCash. Computer scientist Nick Zabo created "Butt Gold". Y Day created "B
Money". Despite all these efforts, they failed to attract the masses, but it is safe
to say that these individuals laid the foundation for the digital currency.
Corrupt investors buy digital assets only when they believe in the power and
usefulness of blockchain. All cryptocurrencies operate on blockchain. This means
that corrupt investors are drawn to the flexibility of the blockchain and place bets
on it. (Whether they are aware of it or not) Corrupt currency transactions are
permanently recorded on the blockchain. Group transactions are incorporated into
'China' in the form of 'blocks', which verify the authenticity of the transaction and keep
the network running. All batches of transactions are accumulated in joint book accounts,
which can be viewed by anyone. Anyone can see the transactions taking place on big
blockchains like Bitcoin and Ethereum (ETH).
Investors in cryptocurrencies do not have their own assets like traditional bank
accounts. Instead, they have digital addresses (numbers). These addresses come with
private and public keys, consisting of numbers and letters, through which funds are sent
and received by users of the cryptocurrency. Private keys make cryptocurrency usable
and allow you to send it to someone else. While public keys are available to everyone
and enable the user to receive cryptocurrency sent from another.
Our country is also investing heavily in it, especially the youth. Different countries
around the world have taken different positions. El Salvador has become the first
country in the world to legalize cryptocurrency. In June, its legislature introduced a bill to
legalize cryptocurrency, which received 62 votes. Approved by a majority. In August,
Cuba also legalized the bitcoin. China, the single largest market for cryptocurrencies,
imposed a complete ban on cryptocurrencies in September, declaring all cryptocurrency
transactions illegal. The Central Bank of the Republic of Turkey has banned the use of
cryptocurrency transactions and the use of corrupt assets since April 30.
The Indian government also wants to ban all private cryptocurrencies, with some
exceptions, to pave the way for a digital currency under central bank supervision. The
battle between the digital currency and the country's economists continues. At the time
of Modi's issuance of banknotes, there was a huge increase in digital currency
transactions in the country and at the same time there was a huge increase in the
incidence of digital currency fraud. With this in mind, the government banned all corrupt
transactions, but the Supreme Court lifted the ban in March. As soon as the Supreme

7. Court declared the ban null and void, it has gained momentum. According to
Chanelless's research, it has increased by 600% in the last six months. According to the
Industry Body Blockchain and Crypto Assets Council (BACC), Asia is the third largest
economy in the country. About 20 million people in it Invested in cryptocurrency. Prime
Minister Narendra Modi said that corrupt currency can harm our youth. However, the
central bank has expressed concern and warned that it could "pose serious risks to
microeconomic and financial stability".
Former Reserve Bank of India Governor Raghuram Rajan has warned that the use of
digital US dollars could have a detrimental effect on poor countries. He said that
although the digital dollar could provide much-needed financial services to many people
in poor countries and where basic financial infrastructure is lacking, it could have
unintended and detrimental consequences. The readily available digital dollar will
deplete local currencies, which could pose a serious threat to the country's financial
system.
The government is going to bring "Corrupt Currency and Regulation of Official Digital
Currency Bill" in the winter session of Parliament. The bill also calls for a ban on all
personal cryptocurrencies in the country, as well as legalization of digital currency
issued by the Reserve Bank of India. There are currently hundreds of cryptocurrencies
operating in the world under different names. What is its legal status? Is it legal to buy
it? Muslims in particular need to be aware of its legal status as well as its sharia status.
It is hoped that the scholars will pay attention to this and issue clear guidance and bring
its clear and unambiguous status before the people