If we talk about digital money, Bitcoin must come to your mind first. These days, Bitcoin is the most expensive and well-known cryptocurrency which, in early 2021, jumped to an unbelievable $42,000. However, in fact, Bitcoin is a tiny asset in the digital market.
Almost 90% of the world’s currency is digital, implying that only about 10% of the global currency is actually cash or physical money. Also, it should be mentioned that black money refers to that 10%. Everything that is earned illegally and is not taxed is called black money. But economists claim that that low percentage is far from the truth.
Digital money is not the only cryptocurrency; it is your money that you earn, transact with, and buy goods but do it online; all credit/debit transactions and wire transfers. According to The Nilson Report, in 2018, more than 368.9 billion purchase transactions took place daily. We can assume that that number has significantly increased since then.
More and more transactions are done electronically. When was the last time you made a big purchase paying in cash? Exactly. Even more, keeping large amounts of cash can be dangerous. Most people will agree that it is much safer to keep money in bank accounts than in cash at home.
Security is our highest priority, so there’s no need to worry about the safety of your information.
We guarantee the highest file download speed at our service, so you won’t miss a file!
Your work will be fast and far more efficient thanks to our easy, user-friendly service interface!