Cryptocurrency such as Bitcoin is becoming famous day by day and its use has increased by the passage of time. Bitcoin technology is based on blockchain which is one of the safest and secure technology.

Everywhere around the globe this technology is becoming popular and even huge companies are looking to apply this technology in their systems.

Cryptocurrency is a kind of digital money which has no physical appearance but systematically it is controlled such as buying, selling, investing and other transactions. As the technology is becoming advance the challenges are also arising.

One of the greatest challenge we have in this time is the use of cryptocurrency. Is it really safe to invest and are our investment will be secure? There are scammers who are also using modern technology to steal your assets.

Such as in #HIVE ecosystem we have seem some accounts are hacked. They have even traced or identified the complex keys which is really worrying. We can lock our houses to keep it safe but with crypto the scenario is totally change and its not as easy as to lock the house.

Another challenging thing is the choice of cryptocurrency. In my previous post I have discussed that there are around 1800 cryptocurrencies and out of all those its very difficult to select the best crypto for investing.

Almost majority of these crypto coins are fake and scam. Many of these are just introduced to steal peoples money and they are totally fake coins. Its really a challenging situation to choose the best crypto coin.

Unpacking Cryptocurrency's Evolution and Future Hurdles

But what is good in #Crypto world is its technology which is the blockchain decentralized technology. Which means that the system is not controlled by an entity or group of people. Rather it is decentralized which means that no one can reach to others account.

Where the technology is best but also we have another challenge here and that is the consume of energy. This technology really need lot of energy which is a challenging. The challenge is to make it better, faster, and without using too much energy.

There is no doubt that in future the whole globe will use this technology and the digital money. The fiat currency may be replaced to digital currency so for that we must know about the use of this currency.

Just like before we buy a car, we learn about the rules and the road signals. Then we learn how to drive a car. The same we must learn about the use of this money which is very necessary and a challenging task.

Therefore, maintaining cryptocurrency's security, making the appropriate selections, improving the technology, and mastering its use will be its future challenges. It's similar to a fun game where everyone must cooperate and play strategically.

What do you think about the future challenging task for #Cryptocurrency? Do you think digital money will replace Fiat in the future? Will be glad to see your answers in the comment section.

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