... Initially, cryptocurrency was conceived as digital money for transactions on the internet. Bitcoin was positioned as a peer-to-peer electronic payment system, allowing value to be sent directly from user to user without the involvement of banks. In practice,... ... exchange: you transfer money to the seller (or to the service itself) and receive the agreed amount of cryptocurrency to your wallet. Exchange rates may be less favorable, but the process is quicker and avoids complex registration. Some financial applications ...

... ratio. Thus, we are speaking not of mythical metal but tangible gold that can be held or stored in one’s own safe. Gold can be acquired through special exchange websites, within the WebMoney system, or by directly transferring funds to the seller's wallet. Interestingly, electronic gold is not subject to taxation. Therefore, when sold, the owner doesn’t lose a percentage of the value as occurs with traditional bullion sales. This makes this investment method far more profitable and convenient. The risk of theft of electronic ...

... Experts predict that at the current mining pace, this will occur in just over ten years. This automatically increases the value of the cryptocurrency for investors. Despite the numerous advantages, Tereshkin advises not to overlook the drawbacks of electronic money. It is crucial to understand that cryptocurrency lacks official status. In several countries, it is entirely banned. If a user loses their wallet password, it will be impossible to restore it. This means the user will lose everything that was in the wallet at that moment. Types of Cryptocurrencies Currently, there are over a dozen different types of cryptocurrencies. In addition to the well-known ...

..., it is money that is stored not in cash, but on a special digital account. However, unlike electronic money, such as the funds on a bank card, the digital ruble is a currency created and directly controlled by the state, and it will be stored in an electronic wallet provided by the Central Bank. Why is the digital ruble needed? The introduction of the digital ruble aims to achieve several objectives: Cost reduction: The digital ruble allows for a decrease in the costs associated with issuing and managing cash,...

... electronic form. It has no physical representation (coins or banknotes) and lacks a central governing body. This new type of electronic money operates on the basis of blockchain technology: transaction information is stored in a distributed network of ... ... coins. In other words, staking is akin to a bank deposit: the investor retains a certain cryptocurrency in a special account (wallet or exchange), and in return, receives rewards. The rewards are earned by supporting the functioning of the blockchain network—validating ...