Tag: centralized digital tokens

Governments And Central Banks Move On the Prospect Of Centralized Cryptocurrencies

A cryptocurrency is a virtual (digital) currency that makes use of cryptography to secure its transactions. This security makes it practically impossible to be counterfeited. More importantly, cryptocurrencies have no central authority, hence, it is theoretically immune to government manipulation or interference, or at least we’ve been told that’s the case. Bitcoin is, perhaps, the first cryptocurrency to capture the…

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