Bovaird said one of the greatest benefits is that cryptocurrency cannot be counterfeited and transactions cannot be reversed arbitrarily by the sender (as credit card chargebacks can). Words: 1595 Length: 5 Pages Topic: Finance Paper #: 24582980. The bitcoin price drop can attract even more investors to enter the market. To study the current status of cryptocurrency in India and the future it holds III. Although the concept of virtual money is not a novelty, the emergence of Bitcoin in 2009 was the event that started the frenzy around cryptocurrencies and blockchain technology. In 2018, the Bitcoin network consumed at least 2.55 gigawatts of electricity per year with the potential to grow up to 7.67 gigawatts in the near future, the equivalent of the net power consumption for a small country. The Influence of Cryptocurrency on the World Economy The Ripple Effect of Cryptocurrencies - Forbes How is Cryptocurrency Affecting Commercial Real Estate ... - PLUM Lending while nouriel roubini continues with his passionate assertion that 99% of cryptocurrencies are worth zero and that it is fintech, and not blockchain that will innovate the banking system, fidelity,. This piece is a final version sample of the outlining format described in our post about how to write an outline. However, fluctuation in the value of cryptocurrency has made both kings and beggars. The Impacts of Cryptocurrency on our Society and Economy Throughout the past decade or so, there has been an increase in the popularity of cryptocurrency. The Impact of Cryptocurrencies on Changes in the IT Industry This is not a fluke. Cryptocurrency: Evolution, Impacts and Future in India is hard to substitute a cash-based society. Roma E-Solidus is also called Roma Solidus or Roma Coin or RSC coin. Whether or not a cashless society will be the future, economists expect cryptocurrencies to quickly grow.