How are cryptocurrencies different from traditional currencies?

Cryptocurrencies are different from traditional currencies in several ways:

1. They are digital and decentralized, meaning there is no central bank or government that controls them. This makes them more resistant to government control and manipulation.

2. Transactions are fast, secure, and anonymous. There is no need to use your name or other personal information.

3. Cryptocurrencies have fixed supply, which helps keep inflation under control. Traditional currencies can be printed as needed and this can lead to runaway inflation.

4. Cryptocurrencies are also global, so they can be used anywhere in the world with an internet connection. Traditional currencies are usually subject to geographic boundaries.