#ArizonaBTCReserve

What are cryptocurrencies and how do they work?

Cryptocurrencies are digital tokens. They are a type

of digital currency

that allows people to pay each other directly through an electronic system.

Cryptocurrencies have no legal or intrinsic value; their value is simply what people are willing to pay for them in the market, unlike national currencies, which derive part of their value from

their legislation as legal tender.