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Why Cryptocurrency Was Created?
Why Cryptocurrency Was Created?
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Bitcoin was the first cryptocurrency to be developed. So, what was the purpose of Bitcoin?
Bitcoin was established to allow people to conduct financial transactions without having to rely solely on banks or governments. It's a digital money that gives you the flexibility to transact with anybody, anywhere in the world, at any time and with few constraints.
🕒 Timestamps 🕒
00:00 Introduction
00:45 What Is Cryptocurrency?
01:15 Understanding Cryptocurrencies
02:06 Blockchain
03:03 Are Cryptocurrencies Legal?
05:10 Advantages and Disadvantages of Cryptocurrency
09:49 Final Thought
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