What is cryptocurrency?
Cryptocurrency is a virtual electronic money that does not have a physical carrier, for example, in the form of a paper note or a coin made from any metal. In essence, this is an encrypted (hence the crypto prefix) electronic record and nothing more. This money is not provided with real assets, for example, gold, but it is limited in terms of emissions.
The history of the emergence of virtual currencies associated with the development of electronic payments. In order for you to use online banking, pay with a card, pay for purchases directly from a mobile phone and it was all safe and secure, many programmers in the field of encryption worked and worked. And once they came up with their own money. Continue reading