Cryptocurrency is a form of digital or virtual currency that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Bitcoin, for example, can be used to purchase items on Overstock.com, Expedia.com, and other websites. Why Use Cryptocurrency? There are a number of reasons why people use cryptocurrency. Here are a few of the most common reasons: 1. Cryptocurrencies are secure: Cryptocurrencies are secured through cryptography, a process that uses mathematical algorithms to secure transactions and to control the creation of new units. This helps to prevent fraud and protect user information. 2. Cryptocurrencies are decentralized: Cryptocurrenci
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