What is crypto-currency?

To begin with,what are cryptocurrencies?
We can’t see and touch cryptocurrencies.On the contrary, they are not exist in the real world, they are on the Internet.
Through Cryptocurrencies doesn’t have entities,we can use as means of payment as well as Yen and dollars we use normally.



Crypto-currency is a independent currency.

One of the features of cryptocurrencies is that they have original units.
Bitcoin,for example,have an unit called”BTC”,and we count them “1BTC,2BTC…..” It is same we count money like “1Yen,2Yen,.....”
In other words, we measure values of things by means of Yen in Japan,dollar in the US,and Bitcoin on the Internet.



The Difference Between The Electronic Money.

As a way to pay money without cash, there are electronic money and cash cards more familiar. What is difference between them and crypto-currency.
The purpose of electronic money is to enable us to pay all charge together later in order that we can shop more easily. It is just system to make transaction simple in the area where existing currency is available like Yen and dollar,and doesn’t have an original unit.



Who Manage It?

Then,Who Cryptocurrencies are managed and issued by?
Japanese YEN are issued by NIPPON bank,and US dollars is so by United States Mint.
Generally,Currency is issued by particular organs and they adjust the amount of currency in economic circulation.


On the other hand,No one and organ issue cryptocurrencies or adjust their mount.
Cryptocurrency-systems are designed that they are issued gradually while we use them.
On the other word,Cryptocurrency are issued by its system.
More detailed are to be explained after the explanation of It’s system.