Crypto Beginners Guide: 5 Simple Questions Answered14.83

Cryptocurrency has been around since 2009, when bitcoin was launched by a pseudonymous programmer called Satoshi Nakamoto. Nakamoto’s big innovation was developed with the intention of verifying secure financial transactions outside the authority of a centralized bank.

Nine years later, there has been a boom of discussion surrounding the confusion of digital currencies. In fact, John Oliver once joked cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers.”

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