Crypto Currency

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Last Updated: Wednesday, 18 March 2026 01:08

Published: Wednesday, 18 March 2026 01:08

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Crypto Currency (CC):

First of all, crypto currency is just bunch of numbers. They re no different any other currency that the government issues. In case of Crypto currency, this currency is issued by a distributed source controlled by the people, so government has no authority to print or destroy it. To make this currency work, merchants have to be willing to accept this currency, just like they accept dollars or other government issued currency. When these crypto currency were issued in 2000's, people were highly skeptical if any businesses would accept them. But over, big players started accepting them. Thus they got solidified as real currency, and their values started going up in value. Bunch of crypto currency came into existence, each claiming to be better than the other. With so many different types of Crypto currency, it's hard to say which of these will survive long term.

Basics of CC:

CC are encrypted numbers (called as digital currency). The seller/buyer are anonymous, and each CC needs to be mined (i.e numbers generated) using a long series of mathmatical solutions that takes a lot of compute power. Each CC has a limit of how many can be mined till 

Major CC:

As of 2024, combined market cap of all CC is ~$2T. Top 5 cryptocurrency comprise 80% of the market. They are all traded on stock exchanges just like stocks.

• Bitcoin (BTC) = $1.2T or about 55% of market. This is the most popular CC, and was the first one that started the CC business.
• Ethereum (ETH) => $0.3T or about 15% of market. 
• Others: Tether USDt (USDT) @$115B, BNB (BNB) @80B and Solana (SOL) @60B comprise next 12%

There's also an ETF for crypto, so that you can invest in CC, w/o directly buying the CC. This is lot better, since all crypto exchanges charge some fees for buy/sell of crypto, and also add a wide spread, which eats into your profits immediately.