What is crypto currency and why this was made?

[Kiondadu 191]

The cryptocurrency is a decentralised peer to peer currency that is trade online without third party involve, and I think that the main reason for its creation is to make the transaction of currency easy and fast and it's also has lower transaction fee, thank you. 

[venom32177042 10]

I believe that the concept of the cryptocurrency is a currency that allows to transcend borders, races, and financial accounts for everyone in the world, and with the progress and acceleration of its use, it may become one of the main things in our financial life, it will become one of the easiest ways to invest and buy and sell matters.

[Ghaitho 149]

A simple definition of a cryptocurrency is a currency whose price is not controlled by the bank, and its value increases or rises according to demand and display only, and was invented to facilitate transactions over the Internet

[mannbdul 562]

Simply put, cryptocurrency is a type of digital currency that we can send and receive through our electronic media accounts. As a result, there aren't many advantages associated with cryptocurrencies. Staying at home is a unique phenomenon that we can pass, trade, and buy in nanoseconds. So, guys, I just get cryptocurrency bonuses and cryptocurrency awareness. If you are experience about person you have everything.

[Jenny Lavelle 526]

Hello dear
Those Cryptocurrencies are a digital currencies, meaning it doesn't exist on the ground, except that it's in the form of algorithms that are processed in special computer systems and are mined through that, Find more information on Google.

Edited April 12, 2021 by Jenny Lavelle
No reason

[akash2021 15]

Bitcoin is the first cryptocurrency and its creator was Satoshi Nakamoto, whose currency was created to pay easily and without the need for intermediaries via the Internet, it is a P2P system.
Bitcoin has features like value and deflationary features that can help many economic problems if adopted but its road is long and with adversity ahead.

[Mella 3680]

Bitcoin was invented by Satoshi. You can find about this in the web because it is a topic discussed a lot. I don't know what you mean by branches. Maybe you think that someone is the head of Bitcoin and there are departments, this is not because Bitcoin is decentralized, it is run by thousands nodes and miners all around the world.

[Manir 1181]

Well buddy i don't think anyone can tell you fully in details why crypto currencies are created but according to the history they are digital currencies which are created by software's. So we can only deal with this currencies online only. 

[galb za 416]

According to my information, the cryptocurrency depends on the blockchain technology, as it was created by the so-called Satoshi Nakamoto, this person who laid the foundation stone for Bitcoin, and the goal of its creation was to escape from transfer fees and exchange commissions between parts of the world.

[AngloSaxan007 2]

Cryptocurrency is a digital currency that can be used for different uses. In online based platforms like shopping, market and many others community you can use this for buying, depositing and so on purpose. crypto currency will making good reputation in future.

[Adam786 560]

According to me cryptocyrrency is like a digital currency and we can use it for any transaction because we can do any transaction easily by the cryptocyrrency. I don't have knowledge about the history of cryptocyrrency but I think this is a great invention.

[Malik jnb 704]

In my opinion crypto currency is a digital currency. We can use it as a trading. We can a good profit from crypto currency. Many countries accepted cryptocurrency and use it for their trading . 

[BrianPHX 18]

is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions.

it was created because;

in the wake of the 2008 global financial crisis as a way for people to control their money themselves, without having to rely on companies, banks, or governments and their fees and controls

[JojoSy 9]

Online virtual currencies are considered a virtual exchange broker, the first currency to spread, Bitcoin, in 2009, after which other currencies such as Linequin, Ethereum and others emerged. A person can download cryptocurrencies on their smartphone against the euro and buy almost everything online

[Alex Babu 343]

Bitcoin means cryptocurrency is designed to invest in online transactions and trades. Cryptocurrency can be very profitable and profitable.

[Noor95 708]

Cryptocurrencies are currencies similar to digital currencies that can be invested, traded, bought and sold. Your balance is stored in special wallets and depends on encrypted speech.  The most important of these currencies are Bitcoin, Ethereum, Digecoin, Litecoin, and others.

[Sara3ali 169]

This question I would like to ask. I hope the officials and members of the experience will answer it in the comments. We would like to know more about this forum and enter the world of cryptography and digital currencies and then gain a good reputation and get positive support from friends.

 

[Jaafar Darwesh 135]

cryptocurrency is just code has a certain value could be traded kept by a web called blockchain . the blockchain is a web of computers that records all of the transactions made with bitcoins 

[Judge 529]

Cryptocurrency, from my own understanding is a digital base currency that can only be use online and the value is decided by the market forces. The reason why cryptocurrency are made is to make it easy for the members or people around the world to carry out their transaction and transfer of money without waste of time.

[Tahir shah 786 0]

In general, crypto currency was created to move away from an economic structure dependent on a central bank. As a result, crypto currency has no central manipulation, unlike traditional fiat currency.

[Alisher123 634]

Yes dear you are right I agree with you crypto currency is a digital currency in whole world everyone know about this crypto make as standard in digital currency

[dlal88 725]

Dear It is not easy for any member of this forum to know the primary purpose of how to manufacture it because it is a little complicated as it depends on algorithms that create coins when the computer collects algorithms in a group called mining and also the encrypted currencies are similar to the digital currencies that can be converted from Phone to another in less than seconds, as it is managed in a decentralized manner and is not controlled by any party, government or bank

[sandraadd 24]

hello my friend Bitcoin is the first cryptocurrency and its creator was Satoshi Nakamoto, its currency was created to make payments through the internet easily and without the need for intermediaries
Bitcoin has characteristics such as store of value and deflationary characteristics
 
 

[Shadi29 871]

The first cryptocurrency was created by a person called Satoshi Nagamoto and it was the Bitcoin currency, and it is manufactured by a process called mining by means of computers specially designed for this purpose, and the idea of its invention is to facilitate and accelerate the sale and purchase processes via the Internet without the need  To meet the seller

[Vola1s 727]

Cryptocurrency is a currency made as an alternative Fiat money that has monopolized the financial market, with Cryptocurrency we have many types of money and choices that are more beneficial for holders and makers. This is a new era of digital finance so it is like or no development cannot be resisted. There are many types of cryptocurrency such as Eth, BCH or LTC.