European Journal of Molecular & Clinical Medicine

Aim: The study aims to look at college students' perceptions about cryptocurrencies and its future in India.
Background: Bitcoin, Litecoin, Etherum, and Ripple are examples of distinct types of cryptocurrency. In 2008 the invention of bitcoin was introduced by an unknown person or a group which is named Satoshi Nakamoto.
Methods and Materials :The survey on awareness about the cryptocurrency and its future in India among college students was conducted using google form link in the  year 2020 . We have distributed our survey to 100 college students. SPSS software was used to collect, tabulate, and statistically analyze the replies.
Result: From the obtained data it is evident that 91.74 % are  aware of cryptocurrency whereas 8.26  % are still not aware about the cryptocurrency. From the study population 73.39 % agreed cryptocurrency has a future in India and only 8.40 % agreed it'll be useful in future.
Conclusion : The findings suggest that the majority of the college students are aware of cryptocurrency but they lag in the knowledge of its usability. Very few participants only agreed that cryptocurrency has a future in India. It is the duty of the Government and crypto agencies to enhance its usage in India for safe and secure use of this virtual money.

  Digital currency has many benefits that make it a better option than traditional
currencies. Digital currency uses decentralization of information, which results in less fraud. This is not possible with fiat currencies because personal information and chargebacks are required for transactions. With PayPal, you can pay for an item securely and without hidden fees. If the purchase turns out to be a scam, PayPal is able to refund your money, and in turn, keep financial information secure. Bitcoin (BTCUSD) is often referred to as a form of digital currency that allows you to receive rewards without interference from central banks. Similarly, Bitcoin is designed to be a hugely beneficial innovation in the future, and it has vast benefits beyond drawbacks. Bitcoin is accessible and versatile currency that can be transferred in minutes. Bitcoin brings an innovation to payment systems, and this could fuel new innovations. A shortcoming of Bitcoin is that it's not widely accepted; nevertheless, there are many online stores accepting bitcoin nowadays. This paper explores the concept of the PayPal and Bitcoin, the opportunities we have using them and legal issues associated with them are also examined.