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What is your opinion about cryptocurrency? Would bitcoin is the future of digital payment system?
Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator.
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Yes, it is, and is a time of glory of bitcoin. Bu there are two problems.
The first , the bitcoin is not standard accepted over the whole economy.
This means, way of using bitcoin for businness transcaction
1)get money from own providers,
2) change this currency into bitcoin
3ÂŽ) send as bitcoin,
4) on the other side change bitcoin into currency
5 pay other providers
The second problem, quick large changes of bitcoin curse. This is not good for standard economy, more for speculations