What Crypto is?

[nurilham]

If you ask what crypto is, the basic answer is crypto is virtual money where it is valuable and can be used as a profitable investment if you can manage it well. I think most people nowadays, especially young people, are starting to get to know cryoto, even though they don't really understand at least they have heard of crypto. our job as people who know cryoto is to give an understanding of the crypto world itself. cryoto is valuable because one of them is limited and many people want one. besides that, the ups and downs of market movements are the main attraction of crypto itself.

[Emitdama]

Everyone who are used to cryptocurrency might've come across several conversations.
When someone asks you what crypto is, what will be your response?

Make the response to be short, it can be in a single line. There will be difference of view. My view on it

"Financial Freedom that lets me retire earlier"

The way you explain btc is too powerful, its nice that you include the word retire in your sentence because for sure many are not going to get impressed if you will only say financial freedom because most people already used to on using a fiat. In my case, when someone ask me in my local if what is crypto, I will say crypto is a form of money that can be used as an investment to earn a profit.

Now, if you noticed I also include the word profit because that is important and I know this makes them become interested to learn more. No need to make your explanation longer because that can bore the listeners. Remember our goal here is to attract as much people. We are building an army in here.

[bitzizzix]

Simply put, Cryptocurrency in my opinion is digital or virtual currency that is guaranteed by cryptography, and with the existence of cryptography, digital currency or cryptocurrency becomes almost impossible to counterfeit.
Cryptocurrency makes transactions between users more secure because there is no need to go through third parties, everything is controlled by itself with the aim of eliminating the bank system, and besides that cryptocurrency can also be used to transact globally.
and for more details you can find anything related to cryptocurrency on google in detail.

[GeorgeJohn]

Crypto is abbreviation of cryptocurrency and it's a digital a currency that is been use to obtain the same thing or values a fiat currency achieve, a cryptocurrency possesses the things other currencies possessed, and it's a safed manage through investment without having a third party.

[andriarto]

Simply put, Cryptocurrency in my opinion is digital or virtual currency that is guaranteed by cryptography, and with the existence of cryptography, digital currency or cryptocurrency becomes almost impossible to counterfeit.
Cryptocurrency makes transactions between users more secure because there is no need to go through third parties, everything is controlled by itself with the aim of eliminating the bank system, and besides that cryptocurrency can also be used to transact globally.
and for more details you can find anything related to cryptocurrency on google in detail.

briefly we say cryptocurrency is a digital currency which requires using the internet and its supporting devices, so it cannot be used offline, this is different from fiat currencies today. many people call that crypto will free from inflation, because it tends to increase in price, so it is currently attractive for investment and trading

[Mamun74]

Cryptocurrency is called Crypto. Cryptocurrency is digital virtual currency. Cryptocurrency is decentralization and decentralization will never be stable. Cryptocurrency which can't use offline. I think cryptocurrency is save for investment. Cryptocurrency is more popular is many countries.

[NoorulHuda]

Crypto can not be seized in a single line.
In my community people do not know even one word about crypto so they will not understand in a single line

[Anguwa]

Everyone who are used to cryptocurrency might've come across several conversations.
When someone asks you what crypto is, what will be your response?

Make the response to be short, it can be in a single line. There will be difference of view. My view on it

"Financial Freedom that lets me retire earlier"

In my perspective, cryptocurrency is a digital asset that gives us complete control of our money since it is decentralized, so we may have them as an asset before we need them, and we can also use cryptocurrency tokens for transactions and bill payment in some advanced nations.

[Peanutswar]

Everyone asks me what is a cryptocurrency most of my answers it's a digital currency that is only at the online space today this is commonly used when you want to get an investment holding your assets and wait to take profit on it. We have different ways to earn in crypto we have the spots we commonly do is to buy low and sell high most of the time it's for the long term investment next we have future trading commonly we saw this in a short term investment today crypto is not just about for investment instead this is now used as a payment method into different platform which is more convenient to the people who use crypto.

[evilgreed]

               While I respect your views, I do not think that how you entirely define crypto is befitting to what it really is and what it stands for. I mean, yes it can give anyone financial freedom andake them retire early if they do things right or are lucky enough but isn't it also the se case with any career or industry out there? That's what I think. Now for my own definition of crypto, it would be:
 
- "An innovative masterkey that breaks the shackles of the norm." -

               Could add: and opens the door towards a boundless future. But yeah, that's what crypto is for me and how I normally start of answering when I get asked about it before getting into the specific details.

[DU18]

Cryptocurrency is freedom and it allows me to do whatever I want because it's decentralized. I am free to pay for anything I want. I am very happy that cryptocurrencies can protect my privacy very well.

Crypto was originally created to provide free space for its users to make payment transactions without being related to the banking system, but gradually the use of crypto is more likely to turn into an investment alternative due to regulatory pressure from many governments today, but I personally prefer to see it as an investment which is advantageous compared to its basic use as a payment alternative for now.

[TradeCrypto]

-Openion

In this discussion, everyone is talking about Crypto and saying like Crypto is a Goldmine!, It's your Financial Freedom, SuperDog and all!

It does not guarantee anything these guys are saying!

If someone asked me about this means I would explain to them about the technology behind it!! and for me, crypto is more than this!!

" It's a technology that will disrupt the globe in the next decade in terms of finance, banking, and decentralization!"

[D ltr]

crypto is a digital currency, where I was taught to be good at reading situations when to buy and when to sell, how much profit I want to achieve,
but behind it all I also learned the risks faced when the market went down, fraud, etc
crypto is a complete thing for me, like OP said financial freedom

[macson]

Everyone who are used to cryptocurrency might've come across several conversations.
When someone asks you what crypto is, what will be your response?

Make the response to be short, it can be in a single line. There will be difference of view. My view on it

"Financial Freedom that lets me retire earlier"

right, cryptocurrency is freedom but i have no intention of retiring from my business soon lol.  the funniest thing i've ever heard was when someone asked me what Bitcoin was then he said again whether Bitcoin is a casino coin, i immediately laughed at that.  we can't deny that there are really many out there who don't understand what crypto and bitcoin are, even explaining it can't be that short. 

i always say to new people that Bitcoin is "a currency created for people to have control over their own money"

[riskarcher]

Yes, that's the point. financial freedom is the main goal of the formation of Blockchain and crypto currency everyone is free to use their coins for any function such as NFT, Store Payments, or any investment that has rights to the money we have freely without the need to be centralized and regulated by various regulations