What Is a Cryptocurrency? Beginner’s Guide to Digital Money
Imagine an internet bank that never closes. There are no staff, no branches, and no waiting lines. Everything happens online, directly between people. Which means that you don’t need permission from a bank or government to send or receive money.
That is the easiest way to understand what is a cryptocurrency. It is digital money that works without banks. Instead of coins or notes, it exists as data stored securely online.
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