#CryptoCPIWatch

Cryptocurrencies are virtual currencies that rely on blockchain technology to securely and decentralized record transactions. They are not subject to government or banking authority and use encryption to protect data. The most famous are Bitcoin and Ethereum. They are characterized by transparency (all transactions are publicly recorded), speed in international transfers, and reduced costs. Currencies are created through mining (solving complex mathematical equations) or other mechanisms like proof of stake. They are used for investment, electronic payments, or in smart contracts. However, they are marked by sharp volatility and may face regulatory challenges.$BTC #CryptoCPIWatch