#MEMEAct What is a cryptocurrency and how does it work?

In recent years, the term "cryptocurrency" has become increasingly common in conversations about technology, finance, and new forms of investment. However, many people still do not clearly understand what a cryptocurrency is and how it works. I will explain everything simply, even if you know nothing about finance or technology.

What is a cryptocurrency?

A cryptocurrency is a form of digital money that uses cryptography to ensure secure transactions, control the creation of new units, and verify the transfer of assets. Unlike traditional money—such as the Mexican peso, the dollar, or the euro—cryptocurrencies do not exist physically and are not issued or controlled by a central bank or government.