#SaylorBTCPurchase "Crypto" is short for cryptocurrency, which is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies (like the dollar or rupee), cryptocurrencies are usually decentralized and based on blockchain technology—a distributed ledger enforced by a network of computers (called nodes).

Here are some key points:

Bitcoin was the first cryptocurrency, created in 2009.

Other popular cryptos include Ethereum, Solana, Binance Coin, and Dogecoin.

People use crypto for things like investment, online purchases, remittances, or even gaming and NFTs.

It’s not controlled by any government