The present paper involves the study of the new form of the asset that people own and create value from be it through capital appreciation or from the retail sales , this paper will look in depth into the knowledge as to how the money has worked in the present times and can the crypto currency could be taken as the new advancement in the money forms used by the people and how the recent jump and belief can lead to the next generation of the legal tenders and what are the advantages and disadvantages of accepting such a form of currency
Key words: cryptocurrency, blockchains, financial system, digital currency
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