Welcome to the new Crypto-World. #Blockchain. #Educateyourself. #staysmart_staysafe.

"Change" The only thing being constant is in effect 24x7 growing at an exponential rate as never been seen before. And with the unboxing of the Pandora's box by  Satoshi Nakamoto the name that has been coined to the history of time is who we all relate to for bringing the paradigm shift of how the society runs as an ecosystem. 

Money has been the prime driving fluid in trade of value driven evolving organism called Economy. As from the history available to audit the current models of governance being centralized in all sectors, Bitcoins powered by the blockchain technology changed the perspective of how this ecosystem is supposed and can be run. Almost unknown to the fact of a decentralized economy the governance of various financial, political, media and many other systems till today have been running in an inefficient process with a multitude of flaws. Some major flaws being that of double-spending of money, elongated process of transactions, no transparency of data at the central level, huge share-cuts by mid level brokers, tempering of data with a monopoly in control etc, and these are just a few to mention in a long never ending list of cons.

Now the introduction of blockchain technology has empowered each and every driving entity of today's economy to form a self stabilizing infrastructure upon which the next generation of society can be built. The structure being capable of absolutely transparent,quick and immutable, an ideological model of "DEMOCRATIC" economy is only a few steps away. Obviously considering that the orthodox system doesn't resist, which is practically impossible. But the adoption to this new system of society can hardly be stopped by the external influences. Of course their is the possibility of it being fiercely resisted upon.

The transformation of this physical ecosystem of economy into a digital network seem impossible, until the arrival of digitally mined gold also commonly known as Bitcoins. And with the possibilities of the vast multitude of implementations of the technology, Blockchain. 

The blockchain technology now being in various fields has opened up even more opportunities of implementations and uses. But as well said " With great power comes great responsibility ", which some are misusing to cover up for scams and cleanups.

With the arrival of Bitcoins and many more following have capitalized a fairly large share in the economy. Now even tough the blockchain is immutable and the encryption being almost impossible to break making cryptocurrencies immensely special in nature, there are a certain down falls to it. 

The trading of cryptocurrencies is growing popular with each passing day. And with it is the market for mid level exchange centrals where people go and exchange various currencies with a small amount of fee, which is perfectly fine by the way. The problem lies beneath their working model, it is actually their working interface. I know this statement seems a little illogical. Let me Explain.

You see most of the exchange portal work and function on a mobile based application, which are secured upto an extent but can never be totally fireproof. The problem is where these applications run, i.e., your Cell Phones. Cellphone are built as spy devices, sounds a little to over but its true, these devices can study your behavioural patters and actions, you know how simply marketing groups study your nature and can motivate you into a sale. So just imagine  a hacker embedding a little spyware into your system with a little action-click targeting specific applications ( like your bitcoin or other cryptocurrency wallet, exchange portal wallets, end wallets etc) and with a little script code running in the background takes a little screen shot of your "private key" which is the single most important thing enabling you to access your money. Because  blockchains operate on keys and not dependent on who is holding the key. So with the key in their hands there is only a little less to guess. Puff !  and gone, all your money. The only reason that this has not happened to you yet is that because hackers are not stupid, they will not puff yours and you friend Marks account and then wait for another week to puff John's, No, they are going to puff them all at once without You, Mark, John or his uncle Sam and millions of  others having a clue to what happened to the billions of Dollars.

So the safest way to keep your money is to invest or keep it in an offline wallet, as Bitcoins were supposed to be.

Point to be noted:  Educate yourself.

Stay Smart.

Stay Safe.