In this video we answer the question “What Is Cryptocurrency”
1. Define
2. What it does
3.How it becomes valuable.
“Cryptocurrency is a Digital medium of exchange that employs cryptography for its creation and transaction.
It is agreed as having financial value which is derived from ….: Four main sources:
1. Number of people that use it (Network),
2. Number of places it is acceptable (Merchants)
3. The ease of use (Customers, Wallets)
4. How it interacts with existing institutions (Exchanges & Fiat currencies)
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– Boomy Tokan