Imagine a type of money that exists purely in digital form, not bound by any borders, banks, or physical domination. That's cryptocurrency for you. It's a digital or virtual form of currency that utilizes cryptography for security. This makes it extremely secure and difficult to counterfeit. Now cryptocurrencies use blockchain technology to achieve a decentralized, transparent, and unchangeable system. The most popular and the first ever cryptocurrency, Bitcoin, was created in 2009 by an unknown person using the pseudonym Satoshi Nakamoto. Now understanding cryptocurrencies is no longer a luxury, but rather a necessity in today's digital age. They are not just a form of investment, but also a form of currency that can be used to purchase goods and services online and in some cases offline. #CryptocurrencyBasics #Crypto101 #UnderstandingCrypto #DigitalCurrencyExplained #CryptoForBeginners #Bitcoin101 #BlockchainBasics #IntroToCrypto #FutureOfMoney #CryptoInvestingBeginners #short
Via https://www.youtube.com/watch?v=FbfdyfqfzlY
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