What's Kenner French Thinking!

The History of Cryptocurrency: An Essential Guide


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Cryptocurrency (now termed “Crypto”) is a digital monetary system. Instead of “dollars,” the unit of currency is referred

to as a “Bitcoin.” Like traditional money, cryptos can be used to store and transfer value among other crypto users within

the crypto community. Bitcoin is considered a cryptocurrency. The currency utilizes blockchain technology

and cryptography for management and creation of the currency.  There is a crypto protocol, which resides primarily on the

internet. It’s possible to utilize the protocol on your smartphone, computer, tablet, and other computing devices.

It’s easily accessible to anyone with common available technology. Essentially, anything that can be done with conventional

currencies can be done with cryptos. It’s possible to buy and sell goods and services, give money to other individuals or

organizations, or even provide credit to others. Crypto can be bought, sold, and exchanged for other currencies.

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What's Kenner French Thinking!By R. Kenner French and VastSolutionsGroup.com