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A cryptocurrency is a decentralized digital currency that can be used like any other form of money to buy, sell and trade.
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While the perspective presented in this post is just one of many, it can be considered a simplified. Cryptocurrency is based on blockchain technology. Dogecoin is a cryptocurrency, like bitcoin or ethereum—although it's a very different animal than either of these popular coins. Cryptocurrencies such as bitcoin are digital currencies not backed by real assets or tangible securities. What investors need to know about cryptocurrency investments and blockchain technology cryptocurrency markets experienced a brutal bear market in 2018 but are now showing signs of a recovery.
Usd, eur, gbp, etc.) is that fiat currencies are backed and controlled by the government that issued them.
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