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  • Newsweek

    A CRYPTO CHEAT SHEET

    Mar 26, 2021 3 minutes

    Can you give us a plain-English explanation of cryptocurrency, as if you were explaining it to your grandfather?

    These are digital assets, as opposed to currencies. You can’t touch and hold bitcoins, but when you log into your online banking, you see your balance and trust that it’s there. You can own some gold without ever seeing and touching the actual gold bars. We are entering a world in which a growing portion of the things we value can be digital-only and still hold value. Some

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