Crypto explained and why every Dogecoin has its day | FT

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  • Financial Times published this video item, entitled “Crypto explained and why every Dogecoin has its day | FT” – below is their description.

    FT markets editor Katie Martin and markets news editor Adam Samson explain the most speculative asset class and how a token designed as a joke about a picture of a dog online is now worth billions of dollars. Read more at https://on.ft.com/3uo92sZ

    #cryptocurrency #digitalcurrencies #Dogecoin

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    In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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