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What is Crypto-Currency / Digital-Currency???

Cryptocurrency - Wikipedia

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.[1][2][3] Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.[4]

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.[5]

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.[6] Since the release of bitcoin, over 4,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.

Bitcoin is the very first CryptoCurrency and the most well now among the public. Bitcoin was invented in 2008. In March 2010, Bitcoin was priced at 0.003 cents. Buy December 2017 the price rose to $19,783.06!

Presently, there are approximately 2,322 cryptocurrencies being traded with a total market capitalisation of $349bn (as of July 9th 2019)

However, the majority and maybe all of them are NOT backed by any physical assets, like GOLD! They are all specultive and very volatile.

So, how do you know which crypto-currency or digital-currency to buy? The following video will introduce you to the Very First GOLD BACKED CRYPTOCURRENCY!

The Gold Backed CryptoCurrency is beiing introduced by Karatbars International. Karatbars has been established since 2011 and has 700,000 affiliates and customers wordwide in over 140 countries.


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