I've been hearing a lot about blockchain technology and its association with digital currencies. But I'm confused. Is blockchain itself considered real money, or is it just a technology that supports digital currencies?
5 answers
Margherita
Fri Nov 01 2024
These digital assets are traded on blockchain technology, which serves as a decentralized and secure platform for transactions.
SolitudeSeeker
Fri Nov 01 2024
Unlike real or fiat currencies, cryptocurrencies do not possess all the traditional values associated with money.
SamuraiHonor
Fri Nov 01 2024
Cryptocurrencies encompass a variety of options, including popular ones like Bitcoin and Ethereum.
Valentino
Fri Nov 01 2024
Cryptocurrency, also known as crypto, represents virtual or digital assets that individuals can purchase using real money such as dollars or pounds.
benjamin_stokes_astronomer
Fri Nov 01 2024
These digital currencies differ significantly from stocks and real money in terms of their structure and functionality.