In this course you will learn about cryptocurrency Basics.
 
Cryptocurrency is a digital or virtual form of currency that uses cryptography for security, making it nearly impossible to counterfeit or double-spend. Unlike traditional currencies issued by governments (fiat currency), cryptocurrencies operate on decentralized networks based on blockchain technology, a distributed ledger that records all transactions across a network of computers. The most well-known cryptocurrency is Bitcoin, but there are thousands of others, including Ethereum, Litecoin, and Ripple, each serving different functions or use cases in the digital economy.
The benefits of cryptocurrency include decentralization, which removes the need for intermediaries like banks, allowing for faster and cheaper transactions, especially across borders. Cryptocurrencies offer increased transparency due to their blockchain foundation, as transactions are publicly recorded and immutable. Additionally, cryptocurrency can provide financial inclusion, giving individuals in underbanked regions access to financial services. Some cryptocurrencies also offer potential investment opportunities, with the possibility of significant price appreciation.
However, cryptocurrencies come with significant risks. They are highly volatile, with prices fluctuating dramatically, making them risky as both investments and payment methods. The lack of regulation in many jurisdictions also exposes investors to fraud, scams, and market manipulation. Additionally, the security of cryptocurrency wallets and exchanges can be a concern, with hacking incidents resulting in the loss of millions in digital assets. Finally, the decentralized and anonymous nature of many cryptocurrencies can lead to their use in illegal activities, raising regulatory and ethical issues.
 
This is not Financial or Investment advising. This material is ONLY for educationl purpose..