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Ask Leo- Are Cryptocurrency Coins Going To Revolutionize How We Save? by adedayoolumide

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· @adedayoolumide ·
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Ask Leo- Are Cryptocurrency Coins Going To Revolutionize How We Save?
The idea of using cryptocurrency coins to save money is becoming popular. However, not everyone is excited about it. Some people are afraid of cryptocurrency coins because they don’t know how to use them. Others are afraid of the volatility that comes with cryptocurrency coins. But the truth is that they are new medium of exchange and the underlying technology on the verge of changing the world of finance. The way people are looking for to get more of their money on this Cryptocurrency coin, and now with cryptocurrency coins, people can use them to save and invest their money as well as make transactions and payments. I can see how the rise of this new medium of exchange has created a lot of buzz in the financial sector, but will they be able to truly revolutionize the way we save and invest?
![images 72.jpeg](https://i.imgur.com/uUlDSyR.jpg)[source]()*pixabay image*



### A brief history of cryptocurrency coins

Cryptocurrency coins are a relatively new invention. They were first introduced in 2009 by an anonymous person who went by the name of Satoshi Nakamoto. Since then, there has been a huge surge in popularity of cryptocurrencies coins. There are many different types of cryptocurrency coins that are available. These coins are all built on a technology called blockchain. The blockchain technology is a public ledger that is used to track all transactions that have been made using cryptocurrencies coins. This is why cryptocurrency coins are a lot more secure than traditional currencies. But cryptocurrency coins are not physical cash for those of you that don't know. Instead, they are digital assets that are stored in a digital wallet, the wallet is essentially a digital account that holds the digital assets of the user where user can store their cryptocurrency coins in a wallet and then transfer them to other wallets. This means that cryptocurrency coins are not limited to one person’s wallet. There are many options for cryptocurrency coins. Some are better for saving, while others are better for making purchases.


#### Why cryptocurrency coins are so revolutionary

Cryptocurrency coins are a type of digital currency that is created and transferred electronically, with no physical coins or banknotes. The coins are a way for people to buy and sell goods and services in a secure, digital marketplace. The coins are stored in digital wallets that are controlled by private keys and they are not subject to any regulation and are not backed by any government. Decentralized in nature and not controlled by any one individual or company. Infact I always imagine everytime how this happened, creating a coin using computers. 
cryptocurrencyoins are one of the most revolutionary inventions of this century the way they are changing how we save, what we save, and how we save it. Infact blockchain technology are making banks obsolete because they allow you to store your money in a digital form on your cell phone or computer that doesn't need you to go through stress. They are decentralized in nature, anonymous that you don’t have to put your name on anything. I think this is an important feature because it prevents anyone from knowing what you are spending your money on and where you are spending your money.

In conclusion

Crypto coin are becoming a big thing in the world of technology and the future of it is bright, but there is a lot of risk involved. A few ways cryptocurrency could revolutionize the way we save and invest in the future is by providing a more flexible and secure system that is also less expensive than traditional bank accounts.

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Thank you for your attention 💞💖

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