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Cryptocurrency basics 101 | Essentially, people who propose new blocks of information to be added to the record must put some cryptocurrency at stake. If demand for Bitcoin grows, for example, the interplay of supply and demand could push up its value. In summary, investing in crypto can be risky, but there are many ways you can manage those risks effectively. Instead, transactions are conducted through the internet directly from one person to another. In plain English, each new entry must contain a sort of digital fingerprint hash of the last one. Nerdy takeaways. Governments around the world have not yet fully reckoned with how to handle cryptocurrency, so regulatory changes and crackdowns have the potential to affect the market in unpredictable ways. |
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