Cryptocurrency - Deepstash
Cryptocurrency

Cryptocurrency

Ideas, facts & insights covering these topics:

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What Is?...

What Is?...

Imagine money that exists only as code on computers.That's essentially what cryptocurrency is. It's a digital or virtual currency that uses cryptography for security. Unlike regular money, there's no physical coin or bill.

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545 reads

How does it work?

How does it work?

  1. Blockchain
  2. Decentralized
  3. Security

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614 reads

Blockchain

Blockchain

Cryptocurrencies use a special technology called blockchain. It's like a digital ledger where all transactions are recorded.

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<p>Unlike regular money contro...

Unlike regular money controlled by banks, cryptocurrencies operate without a central authority. This means no government or bank controls it.

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<p><strong>Cryptography</stron...

Cryptography makes it very difficult to counterfeit or hack.

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A Brief History

A Brief History

Early Ideas: The concept of digital money started in the 1980s, but it wasn't until the late 1990s that it gained more attention.

*Bitcoin: In 2009, Bitcoin became the first widely known cryptocurrency. It introduced the idea of blockchain technology.

Growth:Since then, thousands of other cryptocurrencies have been created, each with its own features and goals.

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<p>Cryptocurrency is like digi...

Cryptocurrency is like digital cash that you can send and receive online without needing a bank.

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Famous People and Cryptocurrency: A Mixed Bag

Famous People and Cryptocurrency: A Mixed Bag

Opinions on cryptocurrency vary widely among famous people.

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<p>Elon Musk:</p><p>The tech b...

Elon Musk:

The tech billionaire has been a vocal supporter of cryptocurrencies, especially Dogecoin. His tweets often influence market prices.

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379 reads

Critical

Critical

Warren Buffett:

The legendary investor has been critical of cryptocurrencies, comparing them to "rat poison squared."

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371 reads

It's important to note that these are just a few examples, and many other famous people have expressed their views on cryptocurrency.

heir opinions can be influenced by various factors, including investments, personal beliefs, and understanding of the technology.

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318 reads

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