Cryptocurrency has emerged as a new creation in today’s technology-driven society, and it’s important to remember how it’s used. Bitcoin is a type of digital coin or currency that was created to allow people send and receive money over the internet. Cryptocurrency is a very new concept, and as a result, there are no established rules to regulate its use. As a result, bitcoin has been observed to be misused, resulting in digital fraud or money laundering.
Source: https://www.quentoq.com/the-necessity-of-bitcoin-in-the-digital-world/