Cryptocurrency 101: Understanding the Basics
Cryptocurrency 101: Understanding the Basics Cryptocurrency, or crypto for short, is a digital or virtual currency that uses cryptography for security. Unlike traditional fiat currencies, such as the US dollar or Euro, cryptocurrencies operate independently of central banks and are decentralized. This means that they are not backed by any government or financial institution, and their value is determined solely by supply and demand in the market. The first and most well-known cryptocurrency i...
Cryptocurrency 101: Understanding the Basics
Cryptocurrency 101: Understanding the Basics Cryptocurrency, or crypto for short, is a digital or virtual currency that uses cryptography for security. Unlike traditional fiat currencies, such as the US dollar or Euro, cryptocurrencies operate independently of central banks and are decentralized. This means that they are not backed by any government or financial institution, and their value is determined solely by supply and demand in the market. The first and most well-known cryptocurrency i...
