#Навщо Does the modern world need cryptocurrency?

The modern high-tech world can no longer be imagined without cryptocurrency. Money is gradually changing, just like the rest of the environment: it is transitioning from paper versions to digital ones; this innovation was needed to simplify human life as much as possible. At least, that was the original noble goal of cryptocurrency. The purpose of virtual money was initially the same as the primary function of regular banknotes and coins. Electronic resources were supposed to become another way of exchanging goods and services in virtual space.

But it so happened that today digital money is predominantly bought and sold to make a profit from the fluctuations in exchange rates.

Cryptocurrencies are a digital variety of money that represents a digital code known only to the owner. The essence of cryptocurrency is that they do not have a physical form. However, to create them, powerful computer hardware and a graphics card are essential. This is how Bitcoin appeared - the most famous and widespread version of virtual money.

Today, the application of cryptocurrency is quite broad: it can be easily exchanged for dollars, euros, and other currency units.