Cryptocurrency is a digital, finate alternative to
government-issued money. Bitcoin, the original cryptocurrency, emerged in
2008 after Satoshi Nakomoto published a white paper that detailed the
creation of a currency that is not controlled by any government or bank.
The primary purpose of the cyrptocurrency was twofold. Firstly, it could
be used for transactions and secondly, it could be used as an asset class
to store value. The belief is that cryptocurrency is different than other
currency because it is digital, but in fact, other currencies are also
digital. What makes it unique is that it is finate.
Learn more at Swyftx - Australia's largest Crypto exchange