Understanding cryptocurrencies, the value of Bitcoin and what happens 'under the hood'.

Q: What is a cryptocurrency?

A: Cryptocurrency is a misnomer for what is really a 'digital asset'.

Q: Why then is it called cryptocurrency?

A: The first cryptocurrency (Bitcoin) was invented to solve money problems, and to use cryptography to achieve the objective. The name cryptocurrency just stuck. However, looking at Bitcoin after over a decade since its creation, it is not used as currency but more as an asset.

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