Crypto currency in simple language is virtual money that has no physical expression. ’Coin’ - a unit of cryptocurrency, this word is literally translated from English as a coin. What is the difference between cryptocurrencies and ordinary money? Electronic currencies in the standard sense (for example, rubles, dollars, euros, yuan) – is a form of real currency, money issued by the States, their Central banks. To replenish the electronic account with such money, it is necessary to have physical, printed banknotes. Cryptocurrency is not issued by the state and has no material analogue. Such money is issued in the network and is not subject to regulation by countries, their legislation, other supranational governing bodies of cryptocurrency, as mentioned earlier, independent of the control center. It is not produced or controlled by any institution. Because of this, it is securely protected, because all the code is distributed on the computers of millions of users, not on a single server. Therefore, forgery, hacking and other types of fraud with crypto currency will not pass 33369
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