Being positive can Solve Big problems with ease. Saying that when stuck in lockdown although the economy is struggling and it still needs to move, for that the only solution is to work at home. we have Zoom for that but then how do we earn money? the economy is still struggling and the salaries are reduced even in the big companies not to mention the smaller ones, they had to fire a lot of workers ignorer to manage their money flow.
Bitcoin then was introduced as a token with the idea of currency. Many smaller startups began to introduce it in their business and then slowly it began to gain popularity worldwide.
The idea was to overcome the hassle during transfer or any kind of transaction for that matter and a third-party fee while during an exchange. Bitcoin being decentralized made it super fast to transfer all around the world.
But this came with exceptions, things such as Government approval. without which there is no security. For instance, when your bitcoin wallet gets stolen, it is lost forever.
At the beginning of the arrival of bitcoin, there has been a lot of misconceptions such as bitcoin transactions cannot be tracked, which is not exactly true and people are realizing it by now.
it is also said that bitcoin itself was a trial project to test the new decentralized platform. So that the government could introduce their own digital currency and regulate it. in this case, the digital currency backed up by govt would be more Secure, Safe, and Fast.