Don't be a crypto noob! Here's what you need to know about digital currency | Crypto

Don’t be a crypto noob! Here’s what you need to know about digital currency

Cryptocurrency is a digital or virtual currency designed to work as a medium of exchange
-Cryptocurrencies are decentralized and use distributed ledger technology
-The main purpose behind Cryptocurrency is The ability for anyone to send and receive money through a decentralized P2P network
-Most Cryptocurrencies arent backed by any traditional assets
-Cryptocurrencies are being used as investment vehicles
-The value of a Cryptocurrency comes from The utility of The Cryptocurrency
-Cryptocurrencies cant replace real money, but they can be used alongside it
-Blockchains are largely impervious to cyberattacks
-The price of a Cryptocurrency is determined by supply and demand

Don't be a crypto noob! Here's what you need to know about digital currency

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