What is Cryptocurrency

Imagine you’re at an amusement park. Instead of using regular money (like dollars or rupiah), you need special tokens to enjoy the rides, buy snacks, and play games. These tokens work just like money inside the park but are unique to that park. Similarly, cryptocurrency is a form of digital money, but it’s used and trusted in the digital world, especially in specific online communities or platforms. Cryptocurrency is like money, but it only exists digitally. You can’t hold it like cash. It’s stored and transferred over the internet. Traditional money is controlled by banks and governments. With cryptocurrency, no one person or institution controls it. It's decentralized, meaning it runs on a network of computers around the world. These computers help verify and record transactions in a way that's hard to manipulate. Every transaction made with cryptocurrency is recorded on something called a blockchain (a public ledger). Imagine a giant, secure notebook where every time someone uses cryptocurrency, a note is made. But instead of one person holding the notebook, everyone in the network can see and verify it. To make sure that people can’t cheat or steal the tokens, cryptography (the use of math to secure information) is used. It’s like a secret code that keeps your tokens safe and ensures only you can use them.