@rhi
Cryptocurrencies are digital or virtual currencies that use cryptography for security.
They operate independently of central banks and are based on blockchain technology.
Bitcoin, created in 2009, was the first and remains the most well-known cryptocurrency.
People use cryptocurrencies for online transactions, investments, and decentralized finance.
Their value can be highly volatile, making them both risky and potentially profitable.
As technology evolves, cryptocurrencies continue to reshape the global financial landscape.