CryptoQueenBee
Sun Jun 09 2024
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6 answers
1081
Is crypto real money?｜(like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency (CBDC).Cryptocurrency does not exist in physical form
Could you clarify for me, is cryptocurrency considered genuine money in the same sense as paper currency? Also, I've heard that cryptocurrencies are not issued by a central authority. Is this accurate? And does this mean they operate on a decentralized control system, unlike a central bank digital currency? Lastly, does cryptocurrency exist in a physical form, or is it solely digital?
