Cryptocurrency - This Week In Crypto

Cryptocurrency – This Week In Crypto: FinStream’s TV Series This Week in Crypto covers the cryptocurrency market, including NFT’s, Blockchain and virtual currency companies.  Cryptocurrency is a digital or virtual currency that uses cryptography for security and is decentralized, meaning it is not controlled by a central authority such as a bank or government. Bitcoin is the most well-known virtual currency, but there are many others, such as Ethereum, Litecoin,  and XRP/Ripple as well as Shiba Inu (SHIB) a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Digital currencies are created through a process called mining, in which powerful computers solve complex mathematical problems to verify transactions on the blockchain, a decentralized ledger that keeps a record of all cryptocurrency transactions. Crypto can be bought and sold on online exchanges and stored in digital wallets. Transactions are generally fast and inexpensive, but their value can be highly volatile and they are not regulated like traditional currencies.

One of the main attractions of crypto is its potential to offer a high level of anonymity for users. Transactions with cryptocurrency do not require personal identifying information, making it a popular choice for those seeking to protect their privacy. However, it is important to note that while cryptocurrency transactions may be anonymous, they are not completely private. The blockchain, which records all transactions, is a transparent and public ledger, meaning that anyone can view the transaction history of any particular coin. In addition, law enforcement agencies have been successful in tracing the origin of certain transactions and identifying the individuals behind them. Despite these limitations, many people continue to use cryptocurrency for its perceived level of anonymity and decentralization.  Watch these free finStream videos to learn more about Crypto.