some tips

Although cryptocurrency is no longer a foreign mythical concept like it used to be 5 years ago, it is still misunderstood by a lot of people. All the hype surrounding digital assets and projects like NFTs, DeFi, metaverse, and Web 3.0 has contributed to “cryptocurrency” and “blockchain technology” becoming trendy words often heard in tech news and even mainstream media. However, many people still view crypto as nothing more than a speculative tool.
As a crypto user myself, I often have to answer the “What is cryptocurrency?” question asked by my friends and relatives. In a face-to-face conversation, I usually just say, “It is like money, but one that isn’t attached to a bank or any government — it is fully anonymous and belongs only to its users.” However, there is also a longer, more comprehensive answer. In this article, I will do my best to demystify the concept of cryptocurrency and show how useful it can actually be. Let’s go!