How Does Cryptocurrency Work? The government prints and mints the U.S. dollars in your wallet, and banks validate and record transactions that your money facilitates.

Miami hopes to become the crypto capital of the world, but what is cryptocurrency and how does it work? Experts define and explain digital currency.

Cryptocurrency: How does it work, and is it safe? If you’ve been following the news, you undoubtedly know a few things about Bitcoin right now.

Estimated reading time: 3 minutes Cryptocurrency basics The basic fact you need to know about cryptocurrency, also called crypto or cryptocurrency, is that it is a decentralized and digital currency.

Typically, cryptocurrency is digital-only and does not have a physical form — that graphic on this page is just an artist’s vision of digital currency.

Cryptocurrency for Beginners The best way to understand crypto as a beginner is to focus on what it does and how you can use it rather than how it works on a technical level.

But, if you’re like many people, you’re still fuzzy on a few things, including exactly what cryptocurrency is, how it works and if it’s a safe way to invest your money.

One: It’s a cryptocurrency. Two: One Bitcoin is worth more than $40,000 in U.S. dollars, although the price fluctuates wildly day to day. Three: Electric vehicle manufacturer Tesla recently ...