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Cryptocurrencies are digital assets that use cryptography for secure, decentralized transactions. Bitcoin, the first cryptocurrency, was created in 2009, followed by thousands of others like Ethereum and Ripple. They operate on blockchain technology, ensuring transparency and immutability. Cryptocurrencies offer fast, low-cost global payments but face volatility and regulatory challenges. Investors are drawn to their potential for high returns, though risks remain high. Adoption is growing, with businesses and governments exploring their applications.
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