Learn all about cryptocurrencies
Get all your questions answered and understand everything about cryptocurrencies
Learn all about cryptocurrencies
Get all your questions answered and understand everything about cryptocurrencies
Do you know what cryptocurrencies are? In practice, they are encrypted and decentralized digital currencies. That is, there is no body or institution responsible for its control, with the users themselves being responsible for this task.
From a blockchain network, which can be freely translated as a chain of data blocks and code generated online, cryptocurrency transactions become more secure. This same technology guarantees greater transparency for any transaction in this market and, at the same time, offers privacy to all parties involved.
The benefits of cryptocurrencies
Agility in transactions ›
Everything happens through a blockchain network, which guarantees a fast transaction.
High return potentia ›
Decentralization ›
quiz
What technology allows the existence of cryptocurrencies?
Incorrect
Correct
You've guessed CORRECTLY!
The network of encrypted blocks that make transactions as fast and reliable as possible
You've guessed INCORRECTLY.
The right answer is blockchain, the network of encrypted blocks that make transactions as fast and reliable as possible.
You've guessed INCORRECTLY.
The right answer is blockchain, the network of encrypted blocks that make transactions as fast and reliable as possible.
1
Fames ac turpis egestas sed tempus
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Gravida dictum fusce ut placerat orci nulla pellentesque. Mattis enim ut tellus elementum sagittis vitae.
2
Fames ac turpis egestas sed tempus
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Gravida dictum fusce ut placerat orci nulla pellentesque. Mattis enim ut tellus elementum sagittis vitae.
3
Fames ac turpis egestas sed tempus
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Gravida dictum fusce ut placerat orci nulla pellentesque. Mattis enim ut tellus elementum sagittis vitae.
Cryptocurrency assets timeline
2009
The concept of cryptocurrency comes up with the creation of Bitcoin by Satoshi Nakamoto.
2009
It is unknown whether Nakamoto is a Japanese programmer or a group responsible for developing the coin.
2009
Initially, its use is very restricted to what is known as the deep web.
2009
2009
2012
2012
2013
2013
2014
2014
2017
2017
2021
2021
2012
The Cyprus government begins to confiscate part of its population's savings.
2012
Cypriots look for an investment alternative.
2012
Bitcoin comes up as an option, and the population begins to invest in the currency.
2009
2009
2012
2012
2013
2013
2014
2014
2017
2017
2021
2021
2013
With increased usage, the currency gains value.
2013
Its value jumped from 32 dollars to 266 dollars in the period.
2013
Cryptocurrency is now seen as an investment option.
2009
2009
2012
2012
2013
2013
2014
2014
2017
2017
2021
2021
2014
Countries are starting to study and evaluate the impact of cryptocurrencies on the economy.
2014
A new generation of cryptocurrencies begins to emerge, such as Ethereum.
2014
A Bitcoin ATM opens in the United States.
2009
2009
2012
2012
2013
2013
2014
2014
2017
2017
2021
2021
2017
Bitcoin hits all-time high of $2,000.00 in May 2017.
2017
In September, the value of Bitcoin reaches around US$ 5,000.00.
2017
Between November and December, the value of the coin reaches US$ 18,000.00.
2009
2009
2012
2012
2013
2013
2014
2014
2017
2017
2021
2021
2021
Cryptocurrencies gain popularity in previous years.
2021
Access to cryptocurrencies becomes increasingly simplified and professional.
2021
Bitcoin hits all-time high of $64,805.
2009
2009
2012
2012
2013
2013
2014
2014
2017
2017
2021
2021
The cryptocurrency market
What you learned in this chapter
Understanding how the cryptocurrency market works is also important to avoid any misunderstandings or surprises in the future. Firstly, there is no bank or institution where you can withdraw your coins. Your investment is, in fact, completely digital, as is the entire process for making a payment or receiving it.
For example, you will not carry cryptocurrencies in your wallet. All control and management of your wallet is done remotely, either on a computer or on a mobile device. Also, only you will have access to your resources, which requires accountability. Cryptocurrencies, however, are not so simple to obtain and the mining process is essential.