What are cryptocurrencies?
Cryptocurrencies are digital assets that were created to store and exchange value on the internet. They are secured through cryptography and are virtually impossible to counterfeit or double-spend.
Furthermore, cryptocurrencies are referred to as “decentralized”, which renders them immune to government interference or manipulation.
From all the available cryptocurrencies, Bitcoin is the first project dating back to 2009. Created by the mysterious Satoshi Nakamoto, its original purpose was to become a peer-to-peer alternative to traditional payment systems.
Today, Bitcoin remains the most popular and valuable cryptocurrency. And thanks to its store of value capabilities, many financial experts have dubbed it “the digital gold”.