Have you heard about Bitcoin? How about Dogecoin? Litecoin, even? In case you haven’t been paying attention, there’s a new world of virtual currencies out there. These cryptocurrencies promise a private way to pay for things.
Of course, like anything new, they can be complicated. We’ve no shortage of articles on the matter here at MakeUseOf for those looking to dig in a little deeper, but if you just want a basic understanding, the infographic below will break it all down for you. Check it out, and next time your friends are talking Bitcoin, you’ll know what’s happening!
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