in order to understand crypto
you only need to know one thing
"how does regular money work ?"
RE: Understanding Crypto and The World Wide Web
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Understanding Crypto and The World Wide Web
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I already have that done. Know all about the fiat system and central banks being privately owned and all that. So say I have one token, I don't have a piece of paper with one token written on it so do i have a string of letters or numbers which equates to one token?
It's things like where do those codes come from and why that I'm a bit confused by. One of the witnesses told me on another thread that the 'computer code' prints the tokens itself. If that's true it does sound exactly like monopoly money.
just replace the word "frequent flyer miles" with "centralized crypto" (like ripple or "central bank crypto")