Cryptocurrency (now termed “Crypto”) is a digital monetary system. Instead of “dollars,” the unit of currency is referred
to as a “Bitcoin.” Like traditional money, cryptos can be used to store and transfer value among other crypto users within
the crypto community. Bitcoin is considered a cryptocurrency. The currency utilizes blockchain technology
and cryptography for management and creation of the currency. There is a crypto protocol, which resides primarily on the
internet. It’s possible to utilize the protocol on your smartphone, computer, tablet, and other computing devices.
It’s easily accessible to anyone with common available technology. Essentially, anything that can be done with conventional
currencies can be done with cryptos. It’s possible to buy and sell goods and services, give money to other individuals or
organizations, or even provide credit to others. Crypto can be bought, sold, and exchanged for other currencies.
