What is a cryptocurrency & how does it work?

A cryptocurrency is a digital-only token. It uses cryptography (hence the shortened name, "crypto") to regulate how the tokens are created, how they're traded, and how secure they are. And (here's the key appeal for many) it doesn't use or need a central bank or government to control or manage them.

Why is cryptocurrency a good investment?

Cryptocurrencies are digital assets that rely on an encrypted network to execute, verify, and record transactions, independent of a centralized authority such as a government or bank. Cryptocurrency was developed as an alternative to the dollar, and its functions can make it an attractive investment.

Is internet computer (ICP) the 10th largest cryptocurrency by market cap?

This claim, as of writing, is purely conceptual. Founded in October 2017 by Dominic Williams, Internet Computer (ICP) quickly rose to prominence and in the market cap rankings. As of writing, it has a market cap of roughly $14 billion, making it the 10th largest cryptocurrency by market cap.

What is a cryptocurrency scam?

"Celebrity" endorsements: Scammers pose online as billionaires or well-known names who promise to multiply your investment in a virtual currency but instead steal what you send. They may also use messaging apps or chat rooms to start rumours that a famous businessperson is backing a specific cryptocurrency.