@rohitkj
8 months ago

How would you explain cryptocurrency to a layman?

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Cryptocurrencies are basically alternative coins ( altcoins ) which can be used instead of Bitcoins .

Along with cryptocurrencies are anonymous , decentralized , digital / virtual tokens , which can be held / stored and transact electronically only.
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You know that instead of having currency in real you have some random text string stored in a wallet which is also some text string is worth millions these days 😂
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It's a world wide computer database ledger where you can send funds peer to peer without a bank for a tiny fee
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I will explain it easily, regarding digital currencies that will become a currency in the future
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Its a digital currency that w/c method exists only in electronic form and is not tangible.
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Digital money
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Bitcoin or cryptocurrency is a digital and global money system currency. It allows people to send or receive money across the internet, even to someone they don't know or don't trust. Money can be exchanged without being linked to a real identity. The mathematical field of cryptography is the basis for  cryptocurrency's  security.
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Eu comecei muito devagar, eu sei que vocĂȘ pode me chamar de louca, mas logo eu mostro que vale uma pena e vale uma pena
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Crypto currency is a digital currency for need our future transaction
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