Understanding Cryptocurrency – A Beginner’s Guide to Bitcoin and Beyond
Just as most people do not comprehend the complex mechanics and electrical systems of an aircraft, many do not fully grasp how cryptocurrency technology operates – yet this new form of digital money could revolutionise our economies. Understanding crypto basics can be invaluable for making sense of something that seems foreign yet familiar, such as New Age mysticism or psychedelics. What is Cryptocurrency? Cryptocurrency is digital money that uses encryption and blockchain technology to verify transactions without needing an intermediary authority, enabling its users to instantly transfer value worldwide with…
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