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The emergence and growth of blockchain technology and the resultant cryptocurrencies has sent shockwaves throughout the financial markets. Cryptocurrencies are primarily based on a decentralized system in the sense that blockchains allow you to make transactions securely and independently without involving intermediaries. The Finite nature of cryptocurrencies makes them inherently deflationary. They are more evolutionary compared to traditional currencies which typically operate in the traditional banking system. The use of. blockchain technology has made crypto-cash more fluid besides enabling users to make quick and convenient transactions from wherever they are.