
Crypto 101: blockchains, currencies and security
Life Kit: Money
Cryptocurrency Is a D Alized Currency
crypto currency is a d alized currency. It's peer to pier, or villager to villager. To keep our example going, it doesn't have a third party overseeing it. And that's powerful. For one, yes, but it also creates channels for people who might not have access to standard bank accounts and stable financial institutions. Also offers ease of access for international money transfer. The security comes from the transparency and from the multiplicity of computers on which those ledgers are maintained.
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