What is crypto currency? Is it more valuable then Rupees, Dollar and Dinar? Is dollar, rupees and dinar are going to vanish in future? Is crypto currency will be the new world currency? There are many questions like this which puzzled the minds of Vada karobaries. Crypto currency trend is gaining momentum in Indian share market but businessmen have little knowledge of it.
Now the question arises, what is crypto currency? Cryptocurrency is a digital asset designed to work as a medium of exchange or business. Crypto currency is to secure the transactions and to control the creation of additional units of the currency. Cryptocurrency is also known as digital currency and virtual currency. Bitcoin is the first decentralized cryptocurrency, since then numerous other cryptocurrencies have been created like Mcap, Eurotheum excreta. When Bitcoin was introduced in 2009, the cost of one Bitcoin is 36 paisa but today the value of same Bitcoin is around 4000 dollar which means 270 lakh Indian rupees. Which means if one would have invested 100 rupees in 2009, his assets would have been 7.5 corers today. According to latest data, on 21st august 2017 the cost of Bitcoin was highest, that is 4200 dollars.
To make concept of crypto currency easy and to benefit Indian businessmen who have fail to invest or has no knowledge of cryptocurrency, Indian born and an Indian origin engineer Amit Bharadwaj has designed a crypto currency known as Mcap. Mcap is a chance for all those Indian businessmen who want to earn big profit by taking risk.
The creator of Mcap and the frontrunner in promoting crypto currency in India Amit Bhardwaj feels, crypto currency has great future in India. According to him if you have fail to invest in Bitcoin than you have chance to invest in Mcap and Eurotheum . But Eurotheum will cost you 300 dollar whereas you can buy Mcap at only 2 dollars each. This low cost makes Mcap a better investment option. It is as simple as this; investment of 100 rupees nine years back in Bitcoin would have made you corerpati, similarly the same investment today in Mcap can make you a millionaire in future. If market experts have to be believe then by the end of this year Mcap will value around 100 dollar.