the.com/cryptocurrency
Money that trusts math over governments, then re-trusts governments to cash out.
means Digital money secured by cryptographic code and verified by a decentralized network of computers instead of a bank or government.
from A straightforward compound: 'crypto-' from Greek kryptos, meaning hidden or secret, bolted onto 'currency.' The 'crypto' part nods to the cryptography — the encryption and cryptographic hashing — that secures transactions and creates new coins, a lineage of techniques that stretches back through wartime codebreaking to the ancient study of secret writing itself.
- origin
- born from a 2008 whitepaper, anonymous author still unknown
- first purchase
- 10,000 bitcoin once bought two pizzas
- supply cap
- only 21 million bitcoin will ever exist
- volatility
- can lose half its value before lunch