WHAT IS A CRYPTOCURRENCY?

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CRYPTOCURRENCY?











Let’s start at the beginning.

You may have heard many things about what a cryptocurrency is, but you may still be searching for an understandable definition. I hear ya, I was in the same boat for a long time.
Instead of getting too technical, here’s the easiest way to think about cryptocurrencies:

A cryptocurrency is basically money on software platforms.
It’s important to keep in mind that the teams/companies that are behind these cryptocurrencies are not only creating a new form of currency, but a new software platform. To demonstrate how this works, let’s take a look at other software platforms that you are probably already familiar with.

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