CRYPTOCURRENCY 101

1. What is cryptocurrency?
Cryptocurrency is digital money that works on the internet. It isn’t printed by banks — it’s powered by technology called blockchain.

2. How is cryptocurrency different from Bitcoin?
Bitcoin was the first cryptocurrency and is the most trusted. Other cryptocurrencies, like Ethereum, Solana, or Cardano, are digital coins with different uses.

3. Why do people invest in cryptocurrency?
People invest as they believe it can grow in value over time, also it gives them more control over their money compared to banks.

4. Is cryptocurrency safe?
The technology (blockchain) is very secure, but your investment can still be risky. Prices go up and down, and you must keep your crypto in a safe wallet.

5. What is a blockchain?
A blockchain is like a public digital notebook that records every transaction. It’s open, secure, and no one person controls it.

6. How do I buy cryptocurrency?
You can buy it through apps like Coinbase, Cash App, or PayPal. You don’t need a lot of money — you can start with a few dollars.

7. Where do I store cryptocurrency?
You store it in a digital wallet. This can be on your phone (app) or on a device called a hardware wallet for extra security.

8. Can I use cryptocurrency like cash?
Yes, but it’s still limited. Some businesses accept crypto directly, and you can also use crypto debit cards to spend it.

9. What’s the risk of investing in cryptocurrency?
The biggest risk is volatility — the price can swing up or down fast. That’s why many people only invest what they can afford to lose.

10. Why should I learn about cryptocurrency now?
Money and technology are going digital. Learning now means you won’t be left behind as the financial system keeps changing.