What is Cryptocurrency?

Cryptocurrency is a precious resource of the new digital era, similar to precious metals. Bitcoin is ofter referred to as “Gold 2.0” or “Digital Gold” as it is on the top of the new global precious resource chart. Cryptocurrency is a consensus value network that enables a new payment system and a completely digital money. Crypto’s are not printed; instead, they are made by people and businesses through software that solves mathematical problems. They are decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. This makes a lot of people feel secure because it means that a large bank or institution won’t be able to control their money. From a user perspective, crypto is pretty much like cash for the Internet.

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