Facebook and JP Morgan might be masquerading as cryptocurrency. However cryptocurrencies are also parading as cryptocurrencies or scams. I am not talking about these here. In addition, I am not talking about cryptocurrencies that went bankrupt either. I am also not talking about cryptocurrency as a bubble. Although Facebook and JP Morgan coins and scams call themselves cryptocurrency, in short they are not decentralized, permissionless, or trustless and therefore not cryptocurrencies. So what is Crypto?I am talking about something so simple, so quick to understand that I am happy to share it with you, once I have built up enough suspense LOL! A technical solution to this question will follow shortly. Thank you for your patience. Please bear with me for another three seconds: 1, 2, go (LOL):
Crypto is Not Cryptocurrency!
Crypto is not cryptocurrency. It is simply cryptography. So technically, cryptocurrency is actually cryptography currency ;-). However crypto has come to be understood as cryptocurrency, which I guess would be slang. It is really interesting how a simple technical term can be turned into slang so quickly. Thank you for staying till the end ;)! Please clap or leaving a comment for support if you enjoyed this article, especially if you learned something and/or this article brought a smile to your face or made you laugh. Thank you.
