Crypto Currency

Cryptocurrency is digital money. Unlike regular money that’s managed by banks and governments, crypto runs on something called blockchain. Think of a blockchain like a massive public record book that tracks all transactions across a network of computers. This setup makes it very secure as well.

Bitcoin is the original cryptocurrency. It popped up in 2009, created by someone going by the name Satoshi Nakamoto. The whole idea was to make a type of money that didn’t need banks or governments. Bitcoin works on that blockchain tech, keeping transactions safe and transparent.

Since then, Bitcoin has come a long way. What started as a geeky experiment has become a big deal in the financial world. Its price has had some wild ups and downs, but now it’s accepted by lots of businesses and investors. People often think of Bitcoin as digital gold and use it to hedge against inflation or just invest. Plus, Bitcoin's success has led to tons of other cryptocurrencies popping up, each with its own twist.

Investing in crypto involves hefty research and lots of risk, and should only be done by those very knowledgeable on the subject due to its sometimes extreme volatility. Pump and dump schemes have also been very prevalent in the crypto scene as of late, and investors should be wary.