Money Talk

[Serious] What is Crypto Currency

Submitted by Lakeey, , Thread ID: 69443

Thread Closed
12-01-2018, 03:32 PM
#1
I'm confused, people saying that's in a virtual money currency that can't not get converted to IRL dollars. Someone with in depth knowledge or some what explain?

plz no shat post. keep it juan hundred.
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RE: [Serious] What is Crypto Currency

#2
Easiest way is to not think about it. If someone will pay for something, it has value.

RE: [Serious] What is Crypto Currency

#3
crypto currency is money made by blockchain system, you can search in youtube for blockchain systems

RE: [Serious] What is Crypto Currency

#4
It is what nerds use to buy nerd things and btw HIllary Clinton onws btc

RE: [Serious] What is Crypto Currency

#5
The way it works: The idea of the cryptocurrency is to decentralize transactions, i.e no bank required. This is done by "miners" verifying transactions by solving cryptographic puzzles using their mining equipment. When a transaction is verified, the miner is paid.

It's like a currency; only the transaction system is different.

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