Cryptocurrency and Mining BTC

. ‘What is Cryptocurrency?’   Is this always your question? Here we go, Emily. I said Emily because I love the name Emily owning the letter WZ Beginner experience. Uhoo..let’s define Cryptocurrency and What is the secret beyond mining Bitcoin? 

   Sure it is still my question but I have got a little step ahead to solve the Math Equation correctly  A Cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses the system called a blockchain to record and keep a history of transactions. 

    Cryptocurrencies such as Bitcoin and Ether, are independent meaning they do not rely on governments, central banks, or other central Authorities for backing. You can obtain Cryptocurrency in many ways., and new methods are being developed all the time. 

   You can use crypt I currencies for a wide range of activities, such as buying goods , paying bills, or investing. Transactions involving Cryptocurrencies often have tax implications. (We will talk about Taxing and government issues related to crypto in the next edition).