Understanding Cryptocurrency Ownership
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When you own cryptocurrency, you don’t actually own anything tangible. What you really own is a private
key. This key is what allows you to move a digital record from one person
to another, completely skipping the banks. Think of crypto as digital money
that only exists virtually. It’s a peer-to-peer system where all transactions are
recorded on a massive public ledger called the blockchain. New coins get created through a process
called mining, which is basically super-powerful computers solving really hard math problems.
But most people just buy it. To get started, you first need to choose a platform,
like a crypto exchange or a traditional broker. Then, you fund your account
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