Money is the most important and reliable commodity that we are in need of today. It is the very basis of our survival and existence. It is known as the medium of exchange through which you can purchase different goods and services.

In the old times, we used to practice barter system which is the process of buying one commodity in exchange of another. This was long before money came into existence. In extremely backward areas, this practice continues to this day with the old folks despite digitization being prevalent in many areas.

What can the average person not do for money? We realize the true importance and significance of money in our lives when we are trying to earn a living for ourselves or our family.

It depends upon your age, capacity and mature understanding of life in general that decides when you are capable of managing everything on your own and therefore perfectly qualified to go out and earn for yourself.

In recent times, we have seen innumerable people, right from a very young age, the moment they graduate from college are going out to prove to the world, their parents and, more importantly, to themselves that age is just a number (not only applied to old people) and they are no less than older, more experienced and qualified people when they are out to earn.

It is their determination that provides them the courage, patience, tolerance, perseverance and willpower that many of them are now working in reputed business organizations, others starting out businesses of their own, while others who generally think out of the box are venturing into areas unexplored and untouched and succeeding to do so with flying colors.

Why is it so? Why does everyone go out to work? To struggle and slog day and night in an office? Why do they compromise and sacrifice so much of their comforts in life to get a job that may/may not be worth their time or effort as also far below their talents and expectations.

The answer to the aforementioned question is simple: they want to provide a better lifestyle for themselves and their family. And how do they provide it? Because jobs offer money, with the help of which they can buy the basic, everyday necessities and the various other comforts and demands than can be fulfilled.

Therefore, money is the most important factor, along with the well-being of your family, that acts like a trigger to everyone to go out and do something or the other simply to earn a living.

In fact, no one has any idea as to what extent they can go in order to get money, unless they are in deep peril and pushed into doing so due to unforeseen and unavoidable circumstances.

Money is an essential part of our life (calling it our very life will not be an exaggeration either) that is always in the news for both right and wrong reasons. Almost 90% of the crimes that are committed throughout the world, it is found that money was the basic factor that brings out the devil from your inside, one that is cruel and merciless.

It does not matter to a criminal how many other lives he will be ruining or destroying in his quest to become rich. Money is the cause of greed, which in turn is the root cause of all evil prevalent in the society.

As time passed, everything became digital and we can now access and manage our bank accounts through online transactions and payments. While this has reduced outside crime, it has given birth to cyber crime with many cheats and hackers lying in wait in the virtual world prowling for victims to prey upon.

Then, in 2009, came the bitcoin, a crypto-currency, decentralized digital medium that is not regulated by the central bank. In the last 10 years, it has seen many highs and lows, has had many successes and failures to its name and its reputation too has become dubious.

Needless to say, it is on the brink of downfall so therefore, the question that arises is that who is going to take its place. After bitcoin, who? Is there any possible replacement to it in the market?

As far as crypto-currencies are concerned, there are two of them that are seen to take its place in the near future: they are Ripple and Primecoin, launched in 2012 and 2013 respectively.

Ripple, basically engages in foreign exchange market where primecoin was launched for searching and managing prime numbers of the numerical system into a chain. In the current scenario, both are doing well in their respective fields and much better than bitcoin, that’s for sure. Both have proven their mettle auf der platform (on the platform).

To answer who is the next big thing after bitcoin is a topic of contention that has no end. While ripple may have signed and entered into a million dollar partnership with MoneyGram, the functions of primecoin are much more advanced in programming and its transactions are at least 10 times faster than that of bitcoins’.

So, while it cannot be said for sure, yet, who is going to replace bitcoin, there can be no doubt that if bitcoin continues as it is doing now, it will eventually become extinct, paving away for either of them in the next 10 years.

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