#CryptoStocks

Crypto is a digital currency, meaning it runs on a virtual network and doesn't exist in physical form like paper money or coins. Cryptocurrencies are often built using blockchain technology, which provides a secure recordkeeping and processing system for all of their transactions.

Many crypto analysts think cryptocurrencies are notable for 2 main reasons. First, they can typically be transferred without using a third party, such as a bank. By contrast, popular peer-to-peer payment platforms, like Venmo, PayPal, or Zelle, require connections to bank accounts to run.

Second, they are designed to be decentralized, meaning they're generally not backed, controlled, or owned by any government, central bank, or corporation. Instead, decentralized cryptocurrencies operate according to computer software that anyone with internet access can download and use to monitor and verify transactions. The US dollar, on the other hand, is backed by the US government and regulated by the US Federal Reserve