What is Crypto, Blockchain, Ethereum, Stablecoins and More » Scammer News


In the simplest terms, cryptocurrency is internet money and digital assets. Cryptocurrencies have made headlines for eye-popping valuations — and crashes. Bitcoin soared to all-time-highs of $69,000 last November, but has free-fallen to around $22,000. Long term crypto bulls, nicknamed maxi’s — short for maximalists — believe the technology will revolutionize how we bank and conduct business. But bears argue it’s a vehicle for illegal activity, susceptible to scams and detrimental to the environment.


All cryptocurrencies are decentralized, intended to be free from government regulation and built on blockchain technology. They fall into two categories depending on their purpose. Coins, like Bitcoin, are currencies to replace fiat money. Tokens, like Ether, are programmable assets which exist strictly on the blockchain.

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