_Cryptocurrency Note__Introduction_- Digital or virtual currency- Decentralized, without central authority- Uses cryptography for security and transactions_Key Features_- Limited supply- Fast and global transactions- Immutable and transparent ledger (blockchain)- Security through cryptography- Decentralized governance and consensus_Types of Cryptocurrencies_- Bitcoin (BTC): First and most well-known- Altcoins: Alternative cryptocurrencies (e.g., Ethereum, Litecoin)- Tokens: Built on another blockchain (e.g., ERC-20)- Stablecoins: Pegged to a fiat currency (e.g., USDT)- Privacy Coins: Focus on anonymity and privacy (e.g., Monero)_Benefits_- Financial inclusion and accessibility- Security and control over assets- Privacy and anonymity- Fast and low-cost transactions- Limited supply and potential for appreciation_Risks_- Market volatility and price fluctuations- Regulatory uncertainty and legal risks- Security risks and potential for hacking- Limited adoption and acceptance- Potential for forks and splits_Use Cases_- Payments and transactions- Store of value and investment- Smart contracts and decentralized applications- Remittances and cross-border transfers- E-commerce and online shopping
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