Nice to have you take this crypto lesson with us
Cryptocurrencies have become extremely popular in recent years. Not just online, but everywhere.
A cryptocurrency (or “crypto”) is an umbrella term for a new kind of “digital money” that relies on a combination of technologies that allows it to exist outside the control of central authorities like governments and banks.
Cryptocurrencies have no physical form. There are no dollar bills or metal coins.
Regardless of where you live or who you are, you can send it almost instantaneously to others anywhere in the world, without concern for geographic distance and country borders.
Anybody can send and receive cryptocurrencies. You don’t need to register an account or fill out an application. Cryptocurrencies are permissionless.
Unlike traditional currencies, also known as “fiat” currencies, such as the U.S. dollar, cryptocurrencies are not connected to any government or central bank.
Cryptocurrencies are also designed to be counterfeit-proof.
Cryptocurrencies exist independently from any government, central bank, or other central institution.
Fast and steadily reliable transactions
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