Cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.
Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Bitcoin, for example, can be used to purchase items on Overstock.com and Expedia. Cryptocurrencies are also being used to invest in startups and other businesses.
What is Bitcoin?
Bitcoin is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Bitcoin is decentralized, meaning it is not subject to government or financial institution control. Bitcoin was created in 2009 by a person or group of people using the pseudonym Satoshi Nakamoto.
Bitcoin can be used to purchase items on Overstock.com and Expedia. Bitcoin can also be used to invest in startups and other businesses.
What is Ethereum?
Ethereum is a digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Ethereum is decentralized, meaning it is not subject to government or financial institution control. Ethereum was created in 2015 by a person or group of people using the pseudonym Vitalik Buterin.
Ethereum can be used to purchase items on Overstock.com and Expedia. Ethereum can also be used to invest in startups and other businesses.
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