Crypto is a digital money that lives on the internet instead of in a bank.

It was made to let people send value directly to each other without needing a middleman like a bank.

The main problem it solves is giving more control and privacy to the users’ own money.

People use it not just for buying or trading, but also for smart contracts that run automatic agreements.

In short, crypto is a new way to own and move money securely on a public ledger called blockchain.

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