Cryptocurrency is digital money that is independent of traditional banks and governments. All cryptocurrency transactions occur over the internet and are secured by cryptography. Unlike traditional currencies, cryptocurrencies have no physical form and exist only in electronic form.

The most well-known cryptocurrency is bitcoin. It was created in 2009 by Satoshi Nakamoto or a group of people under that name, and since then, currencies such as Ethereum and Litecoin have become popular.
All cryptocurrencies operate thanks to the blockchain - a technology that allows securely recording and storing all transactions. It is a distributed system that eliminates the possibility of data tampering and is controlled not by a single organization, but by a network of users.
Today, cryptocurrencies are used for a variety of purposes: from investments and international transfers to creating new financial products in the field of decentralized finance (DeFi). Despite this, the cryptocurrency market remains volatile and risky, and investors should be prepared for significant price fluctuations.
Cryptocurrencies are not just money, but a whole new financial era that is changing the way we think about money and its use.

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