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What is Cryptocurrency

Michael Fasogbon

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more

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Cryptocurrencies have changed the way money is moved and also opened up a volatile world of unimaginable trading and investment opportunities. Read here about the history, blockchain technology, revolutionary payments, and how convenient it is to trade the major cryptocurrencies with forex brokers.

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Brief History

The first cryptocurrency (bitcoin) was established in 2008 when the pseudonymous Satoshi Nakamoto invented a decentralized electronic cash system which uses a peer-to-peer distributed timestamp server to prevent double-spending. This distributed server generates computational proof of the chronological sequence of transactions.