A quick tale of Crypto-currency ₿
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Cryptocurrency has taken the world by storm over the past decade, with the rise of Bitcoin and other digital currencies capturing the attention of investors and the general public alike. In this blog, we'll take a closer look at what cryptocurrency is, how it works, and the pros and cons of investing in it. What is cryptocurrency? Cryptocurrency is a digital or virtual currency that uses cryptography (the practice of secure communication) to ensure secure transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not controlled by any government or financial institution. Instead, they are maintained by a network of computers around the world. The first and most well-known cryptocurrency is Bitcoin, which was created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. Since then, thousands of other cryptocurrencies have been created, with some of the most popular including Ethereum, Litecoin, and Ripple. How do...