What are cryptocurrencies? | Decomplicated

The Independent published this video item, entitled “What are cryptocurrencies? | Decomplicated” – below is their description.

Cryptocurrency has grown from a fringe technology popular only with cryptographers, to become one of the world’s most valuable assets by market cap within a decade of the first system going live.

An estimated 2.3 million people in the UK owned cryptocurrency by 2021, according a report by the Financial Conduct Authority. However, only 71 per cent of UK adults who are aware of crypto understand what it is.

So what exactly is cryptocurrency, and how does it work?

Independent TV‘s Decomplicated series explains cryptocurrency.

Watch this and more on Independent TV: https://www.independent.co.uk/tv/news/cryptocurrencies-bitcoin-decomplicated-video-explainer-b2082017.html

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About This Source - The Independent

The Independent is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the Indy, it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition.

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