A cryptocurrency (or crypto currency) is a medium of exchange using cryptography to secure the transactions and to control the creation of new units.[1] Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies. Cryptocurrency is more than just a bunch of digital numbers that people have decided to use as money. The technology that was brought forth by Bitcoin is essentially a decentralized public ledger system, known as the Blockchain. This cryptographic Blockchain technology is what makes Bitcoin a “cryptocurrency.”
Wouldn’t be great to be a part of the fully decentralized system, where there is no banks that can print
billions and billions of new currency and devaluate your hard earned money? Wouldn’t be great to send funds around the world within minutes virtually with no fees? And there is no
one who can revert the payment, no one who can tell you that you can’t do it.
