Cryptocurrency: An Overview and Analysis on the Awareness

Abstract

This paper analysis delves into a wide range of aspects of crypto currency, with the goal of giving answers to queries like "Can crypto-currency be the dominant money in future?" Is it financially advantageous to dabble in digital currencies? Is utilizing digital cash safe? It focuses mostly on how Crypto currency’s function, making it easier to evaluate whether virtual currency exchanges are secure. It investigates crypto currency’s effect on the world economy, as well as its potential future impact. It presents a concise review of the legislations in numerous countries that support and prohibit cryptocurrencies. Also, in this paper, we look at the risks and benefits of cryptocurrency. In addition, the results of a brief survey we performed on cryptocurrency and bitcoins provide insight into how well people are aware about the digital currencies.