Cryptocurrency is digital money. That means there's no physical coin or bill — it's all online. You can transfer cryptocurrency to someone online without a. A cryptocurrency, crypto currency or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized. Cryptocurrency markets are decentralised, which means they are not issued or backed by a central authority such as a government. Instead, they run across a.
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CRYPTO FOR DUMMIES Key Takeaways A cryptocurrency who is crypto a form of digital asset based on a network that is distributed across a large number of computers. Russia also secretly supported Venezuela with the creation of the petro El Who is cryptoa national cryptocurrency initiated by the Maduro government to obtain valuable oil revenues by circumventing US sanctions. The reason? What is blockchain? Cryptocurrencies face criticism for a number of reasons, including their use for illegal activities, exchange rate volatility, and vulnerabilities of the infrastructure underlying them. Keep in mind that transactions are not instantaneous as they must be validated using proof of work or proof of stake.