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If you are #newtocrypto & #web3, this thread🧵 should be just what you need to begin understanding the basics of #crypto, and why you should care:
So...What are #cryptocurrencies, and why should you care?!
If you are #newtocrypto & #web3, this thread🧵 should be just what you need to begin understanding the basics of #crypto, and why you should care:
So...What are #cryptocurrencies, and why should you care?!
At the heart of it, cryptocurrencies are digital currencies or assets that exist independently from governments or central banks. #Bitcoin is the first, and best known cryptocurrency.
Because of the underlying technology that cryptocurrencies are built upon, they give users the ability to transfer value & digital assets to other people without the need for an intermediary such as a bank. This is known as a peer-to-peer transaction.
