Page 5 - Cryptocurrency - Focus on Current Events
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CHAPTER 3









                                                   WHAT IS





                                  CRYPTOCURRENCY?










                                       hen most people think of money, they


                              Wusually imagine coins or paper bills. This

                               form of money is physical. It exists in the real


                               world. For example, suppose a woman walks into

                               a store and wants a bottle of water. She gives


                               money to the clerk, and the clerk gives her the

                               drink. That is how transactions have worked for


                               thousands of years.










                               People have been using coins since at least
                               600 BCE.
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          NSE_CRNT_CRYPT_FPGS.indd   15                                                            9/8/21   12:12 PM
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