🔷️ Digital currencies have several characteristics that distinguish them from traditional currencies, the most prominent of which are:
🔹️ Decentralization: Digital currencies are not issued by any central authority, making them theoretically resistant to government intervention or attempts at manipulation.
🔹️ Security: Digital currencies use blockchain technology, which ensures the security of transactions and protects data from unauthorized access or manipulation.
🔹️ Transparency: Blockchain transactions are public and traceable, but they maintain users’ privacy by using encrypted addresses3.
🔹️ Speed and efficiency: Digital transactions can be completed very quickly compared to traditional currencies, and are often less expensive.
🔹️ Global Access: Cryptocurrencies can be used across borders without the need for financial intermediaries such as banks.
🔷️ These characteristics make digital currencies attractive to many users and investors around the world.
