Decentralized Finance
Digital money that is kept in the form of tokens or virtual currencies is known as cryptocurrency. To buy and sell anything, including electronic payments, you can utilise cryptocurrency. But in order to sell their services or goods, the company or individual must accept cryptocurrency.
In terms of technology and the base asset, digital payments and cryptocurrencies are not the same. Additionally, cryptocurrencies do not have a tangible presence like the Indian rupee does. Therefore, using cryptocurrency for physical transactions is not possible.
There are now tens of thousands of cryptocurrencies that you may use to buy and sell goods. Instances of cryptocurrencies include the following: Bitcoin, Ethereum, Litecoin, DogeCoin, Ripple, and others.
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