Need reply for the below 2 discussions. Only need 50 words each.

1. Cryptocurrencies are a form of digital currency that, with encryption, can help in making secure transactions. These digital currencies enabled by blockchain technology contain strong cryptographic encryption to ensure a secure module of transactions. Investors buy these cryptocurrencies through exchange platforms for normal or FIAT currencies. Many investors claim that cryptocurrencies are much more beneficial than FIAT currencies. These claims can be true since the cryptocurrencies provide more perks where FIAT currencies are just beneficial when you own it. The value of cryptocurrencies is set by a decentralized network rather than a centralized authority; this makes this currency more tamper-proof, and value can be more real. The main drawback of here cryptocurrencies is the volatility they have, as there is no central authority to regulate their value. This high volatility makes it a risk currency to store values. So, cryptocurrencies can be a thing of the future, but for now, a lot more stability has to be brought to the currency, and it should be more widely adopted as well.

2. More than 900 cryptocurrencies are offered over Litecoin, Ethereum, Ripple, Bitcoin, and the internet is several of today’s most popular types of cryptocurrencies. There may be many reasons why the cryptocurrency is now making substantial gains in use and popularity. Cash is more massive, simpler to steal, and much more comfortable to forge than the digital currency, making it much less attractive than its digital replacing. As an alternative, checks may also be quickly stolen and forged as well as take up far more room than cryptocurrency. Many different payment options, like debit and credit cards, are similarly less secure compared to digital currency since they could be hacked or perhaps taken countless numbers. Transaction costs that banks demand cash exchange might be smaller by implementing cryptocurrency or perhaps even staying away from entirely, contributing to the attractiveness.

With many of those reasons behind it, one would think cryptocurrency will be the logical next step to upgrade different payment types. However, there might be good reasons to be leery of its use.Some may fear others, and cryptocurrency might embrace its use. However, whether or perhaps not the cryptocurrency will replace various other types of fees in the future is not yet clear. With appropriate regulation and recommendations in position, cryptocurrency can function as a potent digital option for individuals and businesses to utilize for enhanced efficiency, speed, and security over regular banking transactions