Cryptocurrency is a form of digital money that operates independently of traditional financial systems, with Bitcoin being the first and most recognized example. It offers benefits such as fast transactions, low costs, and anonymity, but also presents risks including volatility, lack of regulation, and security concerns. The future of cryptocurrency is uncertain, yet trends suggest potential mainstream acceptance and integration with traditional finance, alongside challenges related to environmental impact and regulatory scrutiny.

2. What is Cryptocurrency ?
• Crypto currency is a digital money or virtual money. That is money is
not available physically and it is very secure.
• In simple words we can say cryptocurrency is a money exchange
process.
• Most popular example for cryptocurrency is Bitcoin. It is the first ever
introduced cryptocurrency.
• Some other examples for cryptocurrencies are Ethereum, XRP
• Cryptocurrencies are tax free and they are not insured too.
• Government or banks are not responsible for cryptocurrency.

3. • What is the purpose of Cryptocurrency?
• The main purpose of cryptocurrency is to reduce the risk involved in
traditional currency.
•
It is very easy to use. We can access it anywhere and anytime. All we
need is a smart phone and a single click and the transaction is done.
• We can transfer fund via email within a second.
• In cryptocurrency the power and the responsibilities are in hands of
the currency holder.

4. Pros Of Cryptocurrency
• Anonymity: Transactions made through cryptocurrencies are generally
anonymous, meaning that the identities of those involved in the
transaction are kept private.
• Easier to transfer funds between parties ( Removes Third Party )
• Security: Cryptocurrencies are secured by cryptography, making it difficult
for hackers to gain access to users' funds.
• Fast and inexpensive transactions: Cryptocurrency transactions can be
completed quickly and at low fees compared to traditional banking
transactions.
• Accessibility: Anyone can participate in the cryptocurrency market as long
as they have an internet connection.
$

5. Cons Of Cryptocurrency
• Volatility: Cryptocurrencies are known for their extreme price
fluctuations, which can make them risky for investors.
• Lack of regulation: Cryptocurrencies operate in a largely unregulated
market, which can make them vulnerable to fraud and scams.
• Irreversibility: Once a cryptocurrency transaction is completed, it
cannot be reversed. This can be a problem if there is a mistake or if a
transaction is made fraudulently.
• Limited acceptance: Despite the growing popularity of
cryptocurrencies, they are still not widely accepted as a form of
payment by merchants and businesses.

6. Some Facts About Crypto
• The first cryptocurrency, Bitcoin, was created in 2009 by an anonymous
person or group using the pseudonym Satoshi Nakamoto.
• In July 2010, bitcoin began trading at US$0.0008 = 2 PKR!
• Current Rate Of Bitcoin Is $22,239 = 6,131,292 PKR
• There are now thousands of different cryptocurrencies in circulation, with a
combined market capitalization of over $2 trillion.
• Cryptocurrencies are created through a process called mining, which
involves solving complex mathematical equations using powerful
computers.
• The anonymity of cryptocurrencies has led to their use in illegal activities,
such as money laundering and drug trafficking.

7. Did You Know?
• 1. The first commercial bitcoin transaction was for pizza
A man in Florida paid 10,000 bitcoins for two Papa John’s pizzas on May
22, 2010
• 2. There are more than 18,000 cryptocurrencies in existence
• 3. Dogecoin started as a joke
One of the hottest cryptocurrencies in 2021 was Dogecoin (DOGE), as
its market capitalization grew, in part due to support from Elon Musk,
Its World’s Top #7 Currency. However, this cryptocurrency started out
as a joke.

8. 1. Transaction speed
• If you want to send someone money in the United States, there are
few ways to move money or assets from one account to another
faster than you can with cryptocurrency. Most transactions at U.S.
financial institutions settle in three to five days. A wire transfer
usually takes at least 24 hours. Stock trades settle in three days.
• But one of the advantages of cryptocurrency transactions is that they
can be completed in a matter of minutes. Once the block with your
transaction in it is confirmed by the network, it's fully settled and the
funds are available to use.

9. 2. Transaction costs
• The cost of transacting in cryptocurrency is relatively low compared
to other financial services. For example, it's not uncommon for a
domestic wire transfer to cost $25 or $30. Sending money
internationally can be even more expensive.
• Cryptocurrency transactions are usually less expensive. However, you
should note that demand on the blockchain can increase transaction
costs. Even so, median transaction fees remain lower than wire
transfer fees even on the most congested blockchains.
•

10. 3. Accessibility
• Anyone can use cryptocurrency. All you need is a computer or
smartphone and an internet connection. The process of setting up a
cryptocurrency wallet is extremely fast compared to opening an
account at a traditional financial institution. There's no ID verification.
There's no background or credit check.
• Cryptocurrency offers a way for the unbanked to access financial
services without having to go through a centralized authority. There
are many reasons a person may be unable or unwilling to get a
traditional bank account. Using cryptocurrency can allow people who
don't use traditional banking services to easily make online
transactions or send money to loved ones.

11. 4. Security
• Unless someone gains access to the private key for your crypto wallet,
they cannot sign transactions or access your funds. However, if you
lose your private key, there's also no way to recover your funds.
• Furthermore, transactions are secured by the nature of the
blockchain system and the distributed network of computers verifying
transactions. As more computing power is added to the network, it
becomes even more secure.

12. 5. Privacy
• Since you don't have to register for an account at a financial
institution to transact with cryptocurrency, you can maintain a level of
privacy. Transactions are pseudonymous, which means you have an
identifier on the blockchain -- your wallet address -- but it doesn't
include any specific information about you.

13. 6. Transparency
• All cryptocurrency transactions take place on the publicly distributed
blockchain ledger. There are tools that allow anyone to look up
transaction data, including where, when, and how much of a
cryptocurrency someone sent from a wallet address. Anyone can also
see how much crypto is stored in a wallet.

14. The Economic Impact of Adopting Bitcoin as an
Alternative for Goods and Services
• The creation of Bitcoin $ is known as a mining activity
because computers work constantly to solve the
mathematical problems, and the result is the
presentation of encrypted keys that are used as coins.

15. Block Chain #1
• Blockchain is a decentralized, distributed ledger technology that is
used to record transactions securely and transparently. It is essentially
a database that consists of a continuously growing list of records,
called blocks, which are linked and secured using cryptography.

16. Blockchain #2
• Each block in a blockchain contains a hash of the previous block, a
timestamp, and a set of transactions. Once a block is added to the
chain, it cannot be altered or deleted without altering all subsequent
blocks in the chain, making the data stored in the blockchain
immutable and tamper-proof.

17. History Of Blockchain
• Blockchain technology was first introduced in 2008 as the underlying
technology for Bitcoin, a digital cryptocurrency. However, it has since
found numerous other applications, including in supply chain
management, voting systems, identity verification, and more.
• Overall, blockchain technology has the potential to provide increased
security, transparency, and efficiency in various industries, and is
being explored and adopted by many companies and organizations

18. Issues Of Crypto
• 1. Volatility: Cryptocurrencies are known for their extreme volatility,
with their values fluctuating widely in a short period of time. This can
make it difficult for businesses to accept them as a means of payment
and for individuals to use them as a store of value.
•
2. Security: Although blockchain technology is considered secure,
there have been several instances of theft and hacking of
cryptocurrency exchanges and wallets, resulting in significant financial
losses for users.

19. Issues Of Crypto
• 3 . Lack of regulation: Cryptocurrencies operate outside of traditional
financial systems, and as a result, there is a lack of regulation and
oversight. This makes it difficult to protect investors and prevent fraudulent
activities.
• 4 . Adoption and acceptance: While cryptocurrencies have gained
popularity in recent years, they are still not widely accepted as a means of
payment by merchants and businesses. This limits their usefulness and
utility as a currency.
• 5 .Environmental concerns: The mining process used to create new
cryptocurrencies requires a significant amount of energy, which has led to
concerns about the environmental impact of cryptocurrency mining.
•

20. 1. The Future Of Crypto
• The future of cryptocurrency is difficult to predict with certainty, but
there are several trends and developments that suggest it will
continue to grow and evolve in the coming years. Here are some
potential factors that could shape the future of crypto:
•
1 . Institutional adoption: As more institutional investors and
businesses enter the cryptocurrency space, it is likely to become more
mainstream and accepted as a legitimate asset class.
•

21. 2. The Future Of Crypto
• Technology improvements: Advances in blockchain technology, such
as faster transaction times and improved scalability, could make
cryptocurrencies more efficient and user-friendly.
• Integration with traditional financial systems: As cryptocurrencies
become more widely adopted, they may begin to integrate with
traditional financial systems, enabling more seamless transactions
and greater interoperability.

22. 3 . The Future Of Crypto
• Increased focus on sustainability: The environmental impact of
cryptocurrency mining has come under scrutiny in recent years, and
there is likely to be a greater focus on sustainability and energy
efficiency in the future.
• Overall, while there are certainly challenges and uncertainties in the
crypto space, there are also many potential opportunities for growth
and innovation. As such, it will be important to continue monitoring
developments in the space and adapt to changing conditions.

23. • Regulation: Bonds and stocks are heavily regulated by government
agencies, while cryptocurrency operates outside of traditional
financial systems and is not subject to the same level of regulation.
• Risk: Bonds are generally considered less risky than stocks, which are
more volatile and subject to fluctuations in the market.
Cryptocurrency, on the other hand, is known for its extreme volatility,
and is considered a much riskier asset class than bonds or stocks.
Bonds and Stocks vs. Cryptocurrency

24. Bonds and Stocks vs. Cryptocurrency #2
• Return on investment: Bonds typically offer lower returns than stocks,
but are generally considered safer investments. Stocks can provide
higher returns, but also come with a higher level of risk.
Cryptocurrency can offer potentially high returns, but is also highly
volatile and can result in significant losses.
• Liquidity: Bonds and stocks are highly liquid assets, meaning they can
be easily bought and sold on the market. Cryptocurrency, on the
other hand, can be less liquid and may be difficult to convert to cash
quickly.
•

25. Ransomware Cryptocurrency and Computer
Security
• Ransomware is a type of malicious software that encrypts a victim's
data and demands a ransom payment in exchange for the decryption
key. In recent years, the use of cryptocurrency as a means of payment
for ransomware attacks has become increasingly common. Here are
some ways in which ransomware, cryptocurrency, and computer
security are interconnected:
•
Payment: Cryptocurrency provides a means for cybercriminals to
receive ransom payments anonymously, which makes it difficult for
law enforcement to track and prosecute them. This is why many
ransomware attacks demand payment in cryptocurrency, such as
Bitcoin.

26. Ransomware Cryptocurrency and Computer
Security
• Prevention: In order to prevent ransomware attacks, it's important to
maintain good computer security practices, such as keeping software
up to date, using strong passwords, and implementing backup and
recovery procedures.
• Detection: Detecting ransomware attacks can be challenging, as they
often use advanced encryption techniques to evade detection.
However, there are a variety of security tools and techniques that can
help detect and mitigate ransomware attacks, such as endpoint
protection and behavior-based analysis

27. Ransomware Cryptocurrency and Computer
Security
• Mitigation: In the event of a ransomware attack, it's important to
have a plan in place for mitigating the damage and recovering data.
This may involve restoring data from backups, negotiating with the
attackers for the decryption key, or engaging the services of a
cybersecurity firm.
• Overall, the interconnectedness of ransomware, cryptocurrency, and
computer security underscores the importance of implementing
strong security practices and staying vigilant against emerging threats.
By taking steps to protect their systems and data, individuals and
organizations can reduce their risk of falling victim to ransomware
attacks and other cyber threats.

28. Conclusion Of Crypto
• Cryptocurrency is a relatively new and rapidly evolving asset class that has
generated a lot of interest and excitement in recent years. While it offers
some potential benefits, such as decentralization, transparency, and
security, it also poses significant risks and challenges, such as volatility,
security concerns, and lack of regulation.
• As with any investment, it's important to carefully consider your
investment goals and risk tolerance before investing in cryptocurrency. It's
also important to stay up to date with developments in the space, and to
take steps to protect your investments and personal data against cyber
threats.
•

29. Conclusion Of Crypto #2
• Overall, the future of cryptocurrency is uncertain, but it's likely to
continue to evolve and grow in the coming years. Whether or not it
will become a mainstream asset class remains to be seen, but it's
clear that it will play an increasingly important role in the global
financial landscape.