RE: LeoThread 2023-05-29 11:16

[cyclopshive]

Here I am coming with my new #threadstorm about Cryptocurrency. I am giving you the 20 definition of cryptocurrency here.

1. A digital asset that uses cryptography to secure financial transactions.

Comments

[cyclopshive]

1. An electronic currency that operates independently of a central bank.

[zzzinnn]

okay this is good

[cyclopshive]

1. A decentralized means of exchange that uses blockchain technology.

[cyclopshive]

1. A type of digital money that is created and held electronically.

[cyclopshive]

1. A digital asset designed to work as a medium of exchange.

[cyclopshive]

1. A virtual currency that uses cryptography for security and is decentralized.

[cyclopshive]

1. A peer-to-peer digital currency that is not backed by any government.

[cyclopshive]

1. An alternative to traditional fiat currencies that can be used for online purchases.

[cyclopshive]

1. A form of digital currency that uses encryption techniques to regulate the generation of units of currency.

[cyclopshive]

1. A modern form of currency that is based on cryptographic algorithms.

[cyclopshive]

1. A digital representation of value that can be traded or exchanged.

[cyclopshive]

1. A decentralized and open-source digital currency that can be used to buy goods and services.

[cyclopshive]

1. A digital token that uses cryptography to secure and verify transactions.

[cyclopshive]

1. A type of currency that relies on a decentralized ledger system to record transactions.

[cyclopshive]

1. A form of electronic payment that uses encrypted transactions to ensure security.

[cyclopshive]

1. A type of currency that operates independently of a central authority.

[cyclopshive]

1. A digital currency that operates on a peer-to-peer network without the need for intermediaries.

[cyclopshive]

1. A new type of currency that exists only in the digital realm and uses encryption for security.

[cyclopshive]

1. A type of digital currency that can be transferred instantly and anonymously.

[cyclopshive]

1. A virtual currency that is used as a medium of exchange and is secured using cryptography.

[idksamad78699]

Where's the one with "Crypto is Ponzi scheme"? Jk. Lol 😂

[zzzinnn]

you expected something like that ? 😂

[idksamad78699]

Haha absolutely yes

[zzzinnn]

20 definitions huh ?
Let’s go. I’m reading all of them.

[rzc24-nftbbg]

No wonder, the outsiders aren't confused. 😅

[mintymile]

I don't like aby of the definitions. Cryptocurrency is native currency of a operating blockchain, it has utility in securing the network with validators staking it to validate blockchain transactions. It's decentralised sort of money