What is Crypto and Bitcoin? Jason Brown

Unlike stocks, crypto is decentralized and not backed by traditional financial institutions. Crypto is a digital form of payment. That means more freedom but also more risk. But it’s becoming more accepted, with crypto ETFs now available on major platforms.

Think of it like the mail: Sending a letter is part of a government institution.

Or you could send an e-mail – government-free.

Crypto is like an e-mail – digital currency with more freedom, but less regulation and not backed by banks.