Can online transactions be unsustainable?
Crypto is a collection of binary data which is primarily used as a medium of exchange. There is no physical form of crypto, It just exists in the computer database. Crypto can also be used as a form of payment online in order to exchange goods and services. Cryptocurrencies work using a technology called blockchain. In recent times, the cryptocurrency which has caught the eye of all the people is Bitcoin. After the introduction of Bitcoin in the cryptocurrency, there are several apps that have emerged to make the investments more simple and easier, allowing users to make purchases for amounts as low as ten rupees. Crypto has been the talk of the town ever since the business tycoon Elon Musk admitted to being an ardent supporter of the virtual asset. When he revealed in February 2021 that he himself has invested in Bitcoin, the value of all cryptos skyrocketed and have been on the rise thereafter. Due to this newly garnered support from people, the Indian youth has also already s...