Cryptocurrency: Bitcoin, Ethereum, Blockchain, and the Future of Money
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Do you want to discover how to acquire cryptocurrency, how to store it, and where you can spend it? Have you been wondering about the risks and legalities of these digital forms of money? Are you curious about the various types of cryptocurrencies and exchange platforms? Do you want to learn about the predictions for the future of money?
In this book, I will unveil the complex and intricate story of cryptocurrency from its origins to its groundbreaking potential as the future of money. I also will provide you with information on how and why cryptocurrency is used, as well as lay out the laws surrounding its trading around the world. Digital currency has its risks, so it’s important to be equipped with the right information, which I will give you here.
A cryptocurrency is a virtual currency or a digital medium of exchange that uses the rules of cryptography and encryption as a security feature to prevent counterfeiting. Broken down to the barebone basics, a cryptocurrency can be defined as a set of limited entries in a database which cannot be changed before specific conditions are fulfilled. Cryptocurrencies derive their name from their use of cryptography to create an anonymous, stable, and secure money system. The units of a cryptocurrency are referred to as coins or tokens.
Owing to their digital nature, cryptocurrencies cannot be printed like regular currencies, which are also referred to as fiat currencies. Instead, cryptocurrencies live online and are produced by a network of computers that use special software to solve the complex mathematical equations required to keep the whole system running. Cryptocurrencies are not backed or regulated by any government, bank, or central authority. Instead, they rely on a system known as the blockchain to confirm and keep track of transactions.
Here is a preview of what’s included:
What is cryptocurrency?
Characteristics of crypotcurrency
Is crypotcurrency real money?
The origins of crypotcurrency
Benefits of crypotcurrency
How does crypotcurrency work?
Where to buy crypotcurrency
How to store crypotcurrency
Risks and legalities
What businesses accept crypotcurrency
The future of crypotcurrency
And much, much more!
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