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What are Cryptocurrencies’ main aim/goal?

Currently, the primary purpose of cryptocurrency is to be used as an asset, similar to stocks and commodities. Bitcoin is currently one of the most profitable investment opportunities. The main goal of cryptocurrency is to solve the problems associated with traditional currencies by putting power and responsibility in the hands of currency holders. the end goal of bitcoin is to create an anonymous currency that can be transferred between two parties without either party knowing who is the person at the other and and to diminish the need for a third party. It also develops a competitive alternative to central banking. Cryptocurrencies get rid of underlying problems such as:

Corruption

Theft

Inflation

Inefficiencies

Speed of transactions privacy

Intermediaries







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