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Does the craze for Crypto currencies have faded away in people of India?

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 Today, I will discuss the latest trend in crypto world, If want to know more about crypto currencies then You can read my old post - What is crypto currency? In the past few years, I saw a great trend in people investing in crypto currency to make good profits. Initially, people in India were little hesitant to invest in crypto because of non-availability of proper Indian investment channels for crypto plus less awareness about the product. Soon, people realized that they can make huge money by investing in crypto currencies then many new people started investing in crypto currencies. By seeing this increasing number of Indian investors in Crypto currencies, we also saw the launch of many Indian platforms to invest in crypto currencies.  But with time, the craze in people looks to have faded away and today, people are not so excited about crypto as they were excited about it a few years back.  The two of the main reasons behind this were the failure of a few top crypto ...

What is Cryptocurrency, Lets understand it better

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I have always found difficulty in understanding Cryptocurrency because of the complexity involved around it. Though we have to accept that Cryptocurrency is a revolutionary digital or virtual form of currency that uses cryptography for secure financial transactions, independent of any central authority like a government or financial institution. So far, we all have lived under the dominance of a banking system where we use banks to store or get money. In this whole process, banks earn money by charging for their services and by interest rates on the loans. This system of money is governed at many levels and always remained under the influence of governments. Whereas cryptocurrency   emerged as a decentralized and blockchain-based alternative to traditional fiat currencies, presenting a wide array of benefits and challenges for the modern financial landscape.   The concept of cryptocurrency can be traced back to the early 2000s, but it gained significant attention with the...