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What is Cryptocurrency?
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[QUOTE="Suba, post: 307700, member: 3658"] After Bitcoin was launched and a year later or in 2010 the term cryptocurrency began to be known by many people, personally I have known cryptocurrency (Bitcoin) since early 2012, through faucet sites. but until now raises the pros and cons of many parties. Many governments (countries) oppose crypto because they think it can destabilize their finances, so they try to influence it indirectly, such as the interest rates set by the Fed. many countries impose high taxes thereby reducing the profits of crypto users a lot. Cryptocurrency can be interpreted as a digital currency that is intangible, while the value of crypto is determined by the market. To produce crypto will depend on the consensus used by the crypto itself, if it's PoW then crypto must be mined and PoS crypto is staked. There are two main types of crypto in circulation today which are coins and tokens. Besides crypto's function as a medium of exchange, crypto is also used as an investment and trade instrument. [/QUOTE]
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