31/07/2021
1️⃣. What is cryptocurrency?
Cryptocurrency takes everything about traditional currency and turns it on its head. It's a digital currency powered by cryptography, a built-in security feature that makes it difficult (if not impossible) to counterfeit, with most operating through blockchain technology. It's decentralized, meaning that instead of an institution acting as a gatekeeper, a network of computers both maintain distributed ledgers and run the programs that maintain the currency's authenticity.
For example: you can compare cryptocurrency to gold, stocks, or a car, any item, such as a piece of gold worth 30000 dollars, exactly one bitcoin is worth 30000 dollars, gold and The common feature of Bitcoin is that you take it to supermarkets and malls to buy food and clothes. people don’t charge it, but you can exchange it for Dollars in a gold store, just like cryptocurrency can be exchanged for Dollars in an exchange. You can compare it to it. Just make it into an item that is useless but worth the price.
The above mentioned Bitcoin, and there are many kinds of cryptocurrencies. Just like you know that cars have Mercedes-Benz and BMW, you may not know how much of other brands. The main cryptocurrencies are Bitcoin and TEDA, which is BTC and USDT. Bitcoin is an investment currency, and USDT is a stable currency, because cryptocurrencies fluctuate, just like cabbage in the vegetable market. Today may be 1.2 dollars, tomorrow may be 1.1 dollars, and the day after tomorrow may be 1.3 dollars.
What is the biggest difference between Bitcoin and USDT? If Bitcoin is 100 dollars today, it may be 150 dollars tomorrow and 50 dollars the day after tomorrow. If USDT is 100 dollars today, it may be 101 tomorrow and 99 the day after tomorrow. Bitcoin The increase of USDT fluctuates greatly, and the increase of USDT fluctuates very little and is stable.
