Crypto (cryptocurrency) is digital money that runs on blockchain technology. Unlike cash, it’s not controlled by banks or governments — it’s decentralized.
- How It Works
Blockchain = a public digital ledger of all transactions.
Wallets = store your crypto safely.
Miners/Validators = computers that confirm transactions.
- What Can You Do With Crypto?
💸 Send/receive money worldwide.
📈 Invest & trade for profits.
🔑 Use DeFi (borrow, lend, earn interest).
🎨 Buy NFTs & digital assets.
🌍 Cheap remittances across borders.
- Pros & Risks
✅ Fast, global, transparent, profitable.
⚠️ Volatile, scams, not fully regulated.
👉 In short: Crypto = Digital money + New way to own and transfer value.