Bitcoin as a solution for a green economy – An emerging concept in India.IntroductionMaking payments is one of our routines and has radically changed the way we do things. Initially there was a barter system, then we moved from gold/silver coins to make payments, to paper money, to plastic and finally to electronic money payment. There is now a new emerging concept: cryptocurrency. Bitcoin is one of the cryptocurrencies that is gaining popularity day by day. What is this ? Bitcoin is a virtual or online currency used by the Internet to exchange or pay for services around the world. It is encoded using cryptography for security reasons and therefore cannot be easily tampered with. They can be transferred from one computer or smartphone to another and cannot be traced. Its internationally recognized code is BTC. Bitcoin was introduced on June 3, 2009 as the first cryptocurrency, electronic money system by a group of anonymous individuals. It is a decentralized currency created, used and controlled by its users. The Bitcoin phenomenon is growing at a rapid pace. This currency is limited in number to control the inflation rate.Review the literaturePreviously, there was a practice of using the barter system, the gold/silver/copper system, the paper system then the plastic system in order to exchange in economy.Barter systemAn ancient method of exchange introduced before 6000 BC. This system has been used for centuries and long before the invention of money. People exchange goods for other goods and services in return. Today, bartering has made a comeback using more sophisticated techniques to facilitate trade; for example, the Internet. In ancient times, this system involved people living in the same area, but today bartering is global. The value of item exchange can be negotiated middle of paper......there are many places where Bitcoins are accepted as payment. This is subject to change, but for now the average person primarily buys Bitcoin as an investment. Too Volatile Currently, Bitcoin prices are rising like crazy. It is likely that the price will stabilize around US$10, compared to the current $200. Currently, the price is increasing so quickly that an online store would have to adjust its prices almost daily if it wanted to accept Bitcoin. It is very convenient.ConclusionIn conclusion, it can be said that bitcoin can be an alternative currency in the future to be used instead of gold, silver, paper, plastic and other metals, which leads to preserving the environmental resources used for the creation of this currency. In the 21st century, everything is digital, virtual or online, so it is better to consider bitcoin as a solution for the green economy.Bibliography