What Is Cryptocurrency? A Simple Beginner Explanation
What is cryptocurrency? A plain-English guide to crypto, blockchain, and why it matters—built to support the Hack Your Crypto YouTube show.
In this guide
Cryptocurrency in one sentence
Cryptocurrency is a digital asset recorded on a blockchain—a shared ledger that helps verify transactions without relying on a single company or bank.
What is a blockchain?
A blockchain is a database that many computers share. New records are added in blocks, and the network agrees on what’s true. That makes it hard to tamper with history.
Why do people use crypto?
People use crypto for different reasons: as a store of value (Bitcoin), to run apps and smart contracts (Ethereum and others), for fast settlement, or for speculation and trading.
Beginner next steps
Learn wallets and custody, then practice buying small amounts safely before getting fancy with trading or DeFi.
Want the weekly crypto market update episode?
Subscribe on YouTube, then use the hubs + blog posts to learn the terms and apply the charts we reference.
FAQ
Where do I go next?
Use the related links above to move to the next hub page or the Crypto YouTube Show pillar.
Is this financial advice?
No. Educational purposes only. Always do your own research and manage risk.
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