Crypto For Dummies

One mans search for answers and a better understanding

A cryptocurrency is virtual or digital currency designed to allow it to be exchanged between various people and platforms. Cryptocurrency uses Cryptography to secure and check every transaction, at the same time it manages the creation of new units of a particular cryptocurrency. Basically, cryptocurrencies are limited entries in a database that no one can change unless strict conditions are fulfilled.  Think about your own bank account,  take a look at your statement, what are all of these numbers other than simple entries in a database?  a database that can only be amended and changed by people you will never know or meet and by rules and regulation that you do not know or understand.

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It does not matter if your coin decreases in value you will still receive the same monthly dividends, and you will own your coin at the end of the fixed term.

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