Bitcoin is the name of the best known cryptocurrency the one for which blockchain technology was invented a cryptocurrency is a medium of exchange such as the us dollar but is digital and uses encryption techniques to control the creation of monetary units and to verify the transfer of funds. Bitcoin and digital currencies could fizzle but they have the potential to transform the financial system here are four cryptocurrency future scenarios for a new financial order. The world needs a framework for the regulation of blockchain and cryptocurrency technology which is behind bitcoin and ethereum a unified framework will help the technology reach its full potential
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