INTERVIEWS

INTERVIEWS
INTERVIEW 1:
Q1. What are your thoughts on cryptocurrency and its

reliability?
Ans: Cryptocurrency is the latest technology that is often used

in engaging in business and financial transactions,but still we
must consider its reliability since we as the user or consumer
should have the knowledge about its security and authenticity
and also because all our financial details are shared to it.
So,we should think about all those things before being
involved in it. It depends on the cryptocurrency mainly.
Q2. Why do you think that there is a sudden upsurge in the

number of people using cryptocurrency in recent years even
though it has been there for many years?
Ans: This is because during the Covid-19 pandemic,all the

transactions and businesses shifted to the online medium,
giving the online medium much more importance than before
in the common public. Before the pandemic, the knowledge
about cryptocurrency was restrained to only professionals in
the field, who were engaged in it. But nowadays it has come
down to common people and once the information is out aout
cryptocurrency,obviously it became a trend among everyone
with most people barely understanding how it works and
whom it can be used by. Hence, that's why it has been given
a lot more attention and interaction recently.
Q3. What do you think about blockchain technology and

future implications of cryptocurrency in the digital world?
Ans: We must mainly focus on the job opportunities that it

opens. The demand of people who have the knowledge and
experience of blockchain technology has sky-rocketed and it's
been categorized under one skill-set which software
engineers and students in the I.T field are learning about
because of its wide area of applications. So obviously it will be
improving day-by-day.
Q4. Is it better to wait for blockchain technology to develop

more before being involved in it or has it already been
developed enough for the common folk to use?
Ans: As it is a given for any technology we use to have its

own disadvantages and advantages, we shouldnt be keen on
waiting for it to keep developing because once it's fully
developed, it will still have drawbacks. I don’t think we should
wait for it to settle down in all senses and now is the time to
be involved in it.
Q5.Do you think that there must be any precautions that must
be set before investing in cryptocurrency and investing in it?
Ans: Yes, there must be solid precautions to be taken before
investing in cryptocurrency because it has many potential
financial risks that could cause a lot of monetary loss.
Q6. Would you consider investing in cryptocurrency?
Ans: If it's considered as no-risk, safe investment in the

future, then why not?
Q7. Do you potentially see the younger generation learning

and engaging in blockchain technology?
Ans: I have seen many teenagers and youngsters studying

about how blockchain works and showing interest in it, So, I
would say yes.
Q8. Lastly, do you think cryptocurrency will become the

primary form of global currency in the near future, replacing all
other forms of transactions?
Ans: Maybe, there is a chance that it may. As a person with

an I.T background, I can say that there is a high possibility
that it may flourish but it depends on how the people accept it.
INTERVIEW 2:

reliability?
Ans: Cryptocurrency is a form of currency that uses
blockchain technology to function. It's highly reliable because
it has a strong base that it runs on. After covid, it came into
the attention of the people and it increased the number of
transactions that happened with cryptocurrency by a lot.

though it has been there for many years?
Ans: One of the reasons why there has been a sudden

upsurge is because it has one-to-one direct connection
without any intervention by any other third-party.

Ans: The data that is stored in blockchain maintains itself

without any dependence on any other technology therefore it
has many future implications. Even though there are some
disadvantages in cryptocurrency,it will have many future
implications that can facilitate other means of income for
individuals and even a form of asset.

Ans: Blockchain in its current state is perfect I feel because it
has a very secure base that has been built over the years and
has been in development for a long time.Even though we
have had some network failures with it in the past, right now
it's in good condition to be involved in.
Ans: Ans: Yes, serious safety measures must be followed

before investing in cryptocurrencies because they carry
numerous possible financial hazards that could result in
significant financial loss.
Ans: Maybe, it may depend on how the future of

cryptocurrency is set to be and many other factors are also
there to that,that may decide whether I should invest in it or
not.

Ans: I have notices numerous young people and adolescents

on the internet considering how blockchain works and
appearing intrigued in it. Hence, I do see it happening in the
future even more.

Ans: Of course, it will by the way it is going, iit won't be long

before most people use it as their primary currency. But, we
never know.
INTERVIEW 3:

reliability?
Ans:As far as my knowledge goes, I think that cryptocurrency

has its own advantages and drawbacks, it may seem that it
has almost no downsides in practice but that is certainly not
true. And the reliability depends on the specific
cryptocurrency,some are reliable, some aren’t. But all in all it
can be perceived as a reliable form of currency.

though it had been there for many years?
Ans: The reason why there is a sudden upsurge in the
number of people that are being interested and investing in
cryptocurrency has increased because it became a trend
when everything became online in the global pandemic. The
younger people got interested in ways to earn money by
online means which led them to discover about
cryptocurrency. This caused it to “become the new big thing”
and in turn gave it a lot of interaction. Many people knew
about it much before the pandemic but didn't see it as a safer
investment back then, due to the frequent scams that used to
happen back then related to it.

Ans: Blockchain technology is a modern method of digital

storage which stores data in the form of blocks. It has many
applications as of now and it's only going to increase in the
near future. It has a lot of uncovered potential that can be and
will be used in the future. It has been perfected over the years
and now is being used by many big conglomerates and
organizations.

Ans: I think that in the last 10 years blockchain technology
has been made more and more efficient, which has now
made it easier and safer method of storing databases and
other data of that nature. For the public, it has been made
much easier and accessible nowadays with all the
applications it has and it will have in the future.
Ans: It is of utmost importance that there must be proper care

taken of the funds or data that's being given to it. If not
followed up to the standard, the user may face heavy losses
and may get charged for getting involved in crimes. Therefore,
I would say that before investing in cryptocurrency, you must
have proper knowledge of what it is and what is at risk when
you are using it.
Ans: Depending on the risk-to-profit ratio, at the time. But yes,

if its almost certain to have an increase in value, only then iI
would consider investing.

Ans: Yes, in the recent times especially. The younger
generation is learning all about it for building their skill set and
having experience before they gey employed. It will have a
higher demand in the future , so its a great direction to go in
build their career path.

Ans: I think that there is a chance is a chance of it happening

in the future

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INTERVIEWS

Q1. What are your thoughts on cryptocurrency and its

Ans: Cryptocurrency is the latest technology that is often used

Q2. Why do you think that there is a sudden upsurge in the

Ans: This is because during the Covid-19 pandemic,all the

Q3. What do you think about blockchain technology and

Ans: We must mainly focus on the job opportunities that it

Q4. Is it better to wait for blockchain technology to develop

Ans: As it is a given for any technology we use to have its

Q6. Would you consider investing in cryptocurrency?

Ans: If it's considered as no-risk, safe investment in the

Q7. Do you potentially see the younger generation learning

Ans: I have seen many teenagers and youngsters studying

Q8. Lastly, do you think cryptocurrency will become the

Ans: Maybe, there is a chance that it may. As a person with

Q1. What are your thoughts on cryptocurrency and its

Q2. Why do you think that there is a sudden upsurge in the

Ans: One of the reasons why there has been a sudden

Q3. What do you think about blockchain technology and

Ans: The data that is stored in blockchain maintains itself

Q4. Is it better to wait for blockchain technology to develop

Ans: Ans: Yes, serious safety measures must be followed

Q6. Would you consider investing in cryptocurrency?

Ans: Maybe, it may depend on how the future of

Q7. Do you potentially see the younger generation learning

Ans: I have notices numerous young people and adolescents

Q8. Lastly, do you think cryptocurrency will become the

Ans: Of course, it will by the way it is going, iit won't be long

Q1. What are your thoughts on cryptocurrency and its

Ans:As far as my knowledge goes, I think that cryptocurrency

Q2. Why do you think that there is a sudden upsurge in the

Q3. What do you think about blockchain technology and

Ans: Blockchain technology is a modern method of digital

Q4. Is it better to wait for blockchain technology to develop

Ans: It is of utmost importance that there must be proper care

Q6. Would you consider investing in cryptocurrency?

Ans: Depending on the risk-to-profit ratio, at the time. But yes,

Q7. Do you potentially see the younger generation learning

Q8. Lastly, do you think cryptocurrency will become the

Ans: I think that there is a chance is a chance of it happening

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