Turkey is getting ready to take big steps about Digital Coin, with the use of digital money offered to the public in the World.Today, experts say that paper money is an important detail that threatens human health because it contains many germs and is circulating hand-to-hand. Digital money unlike paper money, hygiene does not affect human health in a bad way, and many advantages can be mentioned.It can also be used in barter transactions, it is fully digital, and encrypted digital currencies are also called cryptocurrencies or digital currencies. The first digital currency, Bitcoin, was developed in 2009 by Satoshi Nakamoto. Bitcoin, or all different digital currencies, is a technology that produces, stores and transfers between individuals, while preventing all these transactions from being controlled by a central authority, which is called Blockchain.Digital coins have reached a market value of over $275 billion over the 10-year period and an average volume of $55 billion per day.The important attitudes of many countries from the world States on the transition to digital money have accelerated their efforts in this direction, especially the Chinese government.
The Coronavirus(covid-19), which has spread around the world since January 2020 in Wuhan, China, is affecting health badly, causing deaths and continuing to spread rapidly. This virus is spreading rapidly in other countries, in China, digital money will implement soon, paper money and metal money is completely gone within few years.China is a very large state, both in terms of geography and population density, and accordingly, it’s level of education, its pace of adaptation and its advanced state in the economy are very different factors.As digital money has completely replaced paper money, economic experts are accelerating their efforts to step into the digital money revolution, both in health and in the economy, in terms of society.One of the reasons why digital money is preferred is that it can easily transfer money between people all over the world and spend it all over the world in the same way.The world’s most preferred currency as a digital currency is Bitcoin. The fact that this currency has no specific Center and is completely independent is an important factor in its preference. It can be kept in digital wallets and used for payment when you buy the product you want.Developed countries spend mostly on digital currency. The global economic crisis in 2008 brought about end-to-end coding and the departure of intermediary institutions, and digital currencies that were easily transferred. In terms of reliability, cryptology is based on the science of cryptography.Since digital coins are stored in encrypted wallets, it is not possible to access the money without decrypting it. In other words, it is possible to think of digital coins as a means of exchange. People are able to spend this money and gain. The value of digital money can vary according to the supply and demand balance on the digital stock markets in the world today. The coronavirus outbreak, which has been on the rise since the first months of 2020, has prompted many countries to seriously consider the use of digital currencies.
