What Really is Cryptocurrency/Bitcoins

                                 UNDERSTANDING          CRYPTOCURRENCY

I am damn sure that you might have been in a conversation, where that one fellow friend of yours flaunting, his Bitcoin investments, and you don't have any idea of what he's been saying for hours, and you prefer to maintain the decorum of silence there.

So, what actually is this bitcoin the Cryptocurrency, people are going crazy initially, Billionaire like Warren Buffett resisted the crypto but suddenly its value got very appreciated even the tech giant like tesla invested 1.5 billion in bitcoin what caused the bullish Crypto Market? 

 let's just address the whole thing from the origin itself that is "money"

In simple terms, money equals value. We all are giving money the "value", and that's why money is accepted everywhere. We have a history of giving value to many things, and that particular thing became the currency of that period. 

Throughout humanity things which got value has changed over decades, there was a time when people used to give a bag of rice as the value for their works, but after ages, coins of various metallic forms came, after that  Gold coins had the value, we have given value to different things, and that became the model of currency, and as the world evolved it became difficult to have a uniform currency, so the government of different countries decided to print their own currency and made a promise to the people that these notes are valuable and we believe simply because we trust the government. 

 The government is responsible to make sure that the money remains valuable, that's the reason they cannot print the money according to their wants if they do, the value of each note goes down whenever surplus notes are printed, hence it should be in a limited amount. 

The money is controlled by the central authority, they can increase or decrease the supply of money, which means as long as the central authority is stable, the state of money is secure, But what if the authority collapses, it will definitely hinder our money, our purchasing power will also go down. These are the main disadvantages of money.

                                 THE NECESSITY OF CRYPTOCURRENCY 

The ideal scenario should be, firstly the currency should be in a limited amount. Now in case, anything happens to the authority the money should be stable, which brings us to the second point, that there should be no authority that controls the money. So to solve, both problems we have Cryptocurrency. 

Cryptocurrency is nothing but a form of digital cash that can be stored on a computer or in a  phone and can be sent from one person to another person with no intermediary. 

Now for instance, if a person from India, wants to send dollars to the USA, can that person directly send the funds?  no, the person needs to go or direct the bank to convert the money, and to verify his account, after that only the transaction is possible, so here there is an involvement of the third party that is the bank. Now let's understand, if we are choosing a digital form of money which is a cryptocurrency, then the money could be directly transferred to another person, without having any third party or any intermediary. 

Now Bitcoin, Litecoin, Ethereum, and Dogecoin are the types of Cryptocurrency. Since Cryptocurrency works on blockchain technology, there is one centralized ledger that has the compilation of all transactions 

The advantages of cryptocurrency

Nobody controls this type of currency, meaning no one can demonetize it or can ban it, you have complete control over your money

 No, geographical restrictions and intermediaries involved      

It provides an unalterable record of every transaction, meaning highly secured 

It is limited in number, there is  a finite amount of Cryptocurrency for example there is always be 21 million bitcoins only, that is why it is called "Digitial Gold"

         Bitcoin           

Bitcoin was founded in 2008 and launched in 2009 by Satoshi Nakamoto, today bitcoin is one of the famous coins among the cryptocurrency. 

So like I said earlier bitcoins are limited there are 21 million bitcoins all over the world but out of that in circulation, 18.6 bitcoins are circulating. Now the question is, from where do the new bitcoins generated? 

The new bitcoins are generated from the decentralized process called Mining, basically, the miners are the ones who process the bitcoin transactions, through this process they are mining bitcoins that is why there are called miners. In simple terms whenever they solve or verify the bitcoin transactions they are rewarded with bitcoins, by the way, the process of solving also becomes hard, also the number of bitcoins miners can win decreases overtime that is the reason, why people are motivated to hold their bitcoins so that the value goes up, while the value goes up people tend to invest in it, thus driving the cycle further.

                Conclusion

I would like to conclude by stating that it's all about the value when everyone gives value to some object or a thing ultimately that particular object/thing becomes valuable, there are some couple of reasons why these things get value, when something is very rare, which is not replicable and if it can be used in trading like for an asset.  

Now many countries are on their way to making Bitcoin legal, a company like Tesla is accepting payments in Bitcoins and you know the reason why if you read till here.  

The Mental Health Issue

                   

2020 was the worst year, but somewhere we all hoped that the coming year would bring back our good ol' days but  2021 was like “Abey saale”. 

Things were getting progressively worse,  but in the midst of all this, I've been hearing a lot about depression, on social media platforms, where people were concerned, showing their support for individuals  who been dealing with the kind of mental health issue.

 Individuals, who are not that good at maintaining the relationship will find it hard to cope with this situation, and what makes me say that right?  because I was going through that same sickness.  In contrast, many other people are not likely to acknowledge the fact that Loneliness is a real issue in one's life,  as they aren't giving any importance to it probably in their mind it will be like it's a thing which will be solved like in a  couple of hours and that's it,  they won't bother much and even if we mention it , it will be considered as something which a tablet can cure they will be like oh,  so which tablet son,  crocin?   
That's a mild exaggeration though, but actually, they don't know how to deal with this issue where we start to feel like we are all alone, with anxiety, panic attacks, and due to the lack of care, many are suffering from this state of mind.

There are still many common misconceptions related to loneliness one of them is that,  it hinders the life of young ones only, and it's just a "phase"  and to in their growing stage they say, but it is completely wrong. In this pandemic period where we all have to sit inside our homes due to lockdown consequently, there came a pause in our life there's no deadline no meeting no assignments well, initially, we enjoyed that to some extent, but slowly most of us were going insane, it seems there's no purpose to continue anything, and we all felt that regardless of any age.

   
We all tried many things to stay in a fresh mood but as days passed by, our will to continue the same process faded,  started to feel exhausted, the sad part is that you can't do anything good while sitting inside your home now pls don't act like you been enjoying the days while exploring skill sets cooking, singing, making dalgona?  really dude,  okay no offense like I have also tried that it might be good for some external validation,  but it didn't help me though. 

See my point is you can't do things without having a proper relationship in your life there will always be a  void, and you may not acknowledge it,  but when times like this occur where you have to spend your days in a building, you will definitely going to have some kind of fatigue, isolated feeling with some intense anxiety and panic that's called loneliness which makes us vulnerable. So one thing is clear we can't survive without human interaction we need each other when we face this kind of vulnerable state of mind.

Now let's talk about the individuals who term themselves as Lonely, I have seen many people on the internet saying that they have no one to talk to and things,  my only question is that why are you claiming yourself as that person, and while doing that you are convincing your own brain that you don't have anybody, simply turning that as your reality, the worst part is that the people who tag themselves as  “lonely”  they might have never tried to socialize with anybody besides, they never put effort to talk anyone head straight in the entire life, not saying to start a conversion in an extreme level but at least just try to have a basic talk,  and if you haven't done that part then why are you declaring yourself as a lone wolf ?. 
Now,  here comes another group of people who were fully dedicated and busy in their work life,  so hectic that they don't even have any connection with their friends nor any particular relation beyond their office boundaries,  now when the lockdown started they got a break from the work pressures, at the same time they had the void inside them, and due to this constant tug of emotions they did try to reach out and rediscover their close ones, but what happens is that they both face difficulty and a sense awkwardness while having a  normal talk itself. It's majorly due to the long gap that came between them during the time which impacts negatively, now all these things add to loneliness.

                         TAKEAWAY     

Hopefully, if you read till here then kudos to you buddy,   actually these are merely some observations that are very evident at these times.  I am damn sure that you guys also experienced these things at some point in time, so don't ever try to make wrong assumptions in your mind. 

Do talk, and feel free to open up it can possibly change your mood, never break the special bonds that you have, and many are going through some pain-ass issues in their life.

lastly, if you are going through some shit level of the situation, just figure the way out of it, rather than losing your sanity, once you did that then the next time onwards, whenever you encounter something like this you can easily tackle coz you dealt with that earlier also, the situation might be different for you this time, but now you know how to get through it.