Bitcoin
Bitcoin Meaning : Bitcoin is the crypto currency that has the ability to eliminate paper money in future from daily use.Satoshi Nakamoto in year 2008 developed it for the purpose of making payments with electronic systems. It is currently a hot topic around the globe due to its value in the current market and is hitting the market with its increased user who are taking bitcoin seriously in terms of business channel. Importance -It is fast , easy and reliable means of payment. -It helps to maintain record without the fear against the breach in Data Privacy. -'N' number of bitcoin wallet can be created as per the wish. -Financial Privacy can be maintained because its not mandatory for the people to show their identities during business transactions. -Bitcoins are scarce and easily interchangeable therefore no any impact on inflation which occurs when total amount of cash increases in the system. Disadvantages -Bitcoin facilitates money laundering activit...