How would you explain cryptocurrency to a child?

Sep 12, 2023 ... Inflated prices of electricity from retail electric suppliers during the winter storm meant that crypto miners could sell electricity back to ... Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart ... Oct 4, 2022 ... 'Trustless' refers to a quality of a decentralised blockchain, whereby in using the network there is no need to rely on trust in a third party. Dec 8, 2021 ... ... crypto similarly to gifts of stock. Cryptocurrency is considered property and donating it is a nontaxable event. This means that donors don ... Dec 5, 2024 ... Bitcoin is a cryptocurrency, which is to say a type of digital currency. Unlike traditional currencies - the dollar or pound, for example - Bitcoin is not ... Sep 13, 2022 ... The world's second largest cryptocurrency will release the biggest update ever seen in a digital currency, transforming how it operates and reducing its energy ... A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means ... Nov 29, 2022 ... Select a Congress to see the treaty documents received, considered, or pending. 81-119 (1949-2026), 119 (2025-2026), 118 ... Oct 17, 2022 ... The Office of Foreign Assets Control (OFAC) of the United States Treasury Department sanctioned a cryptocurrency “mixer” – programmes used to increase the ... ... mean? Digital currency includes sovereign cryptocurrency, virtual currency (non-fiat), and a digital representation of fiat currency. A digital currency ...