What is cryptocurrency?

[Dean]

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central authority like a bank. Bitcoin was the first cryptocurrency, and since then, many others like Ethereum, Ripple, and Dogecoin have emerged. Cryptocurrencies offer decentralized and secure financial transactions across the globe.

What do you think are the biggest benefits of using cryptocurrency? Which coins do you think have the most potential?

 

[SUNSHINE]

Cryptocurrency is a form of digital or virtual currency that uses cryptography for security, making it decentralized and difficult to counterfeit. It operates on blockchain technology, allowing peer-to-peer transactions without the need for intermediaries like banks.