Cryptocurrency

Quick meaning: Cryptocurrency is a noun meaning A digital currency based on a cryptographic system, usually having no central issuing or regulating authority.

Meaning

A digital currency based on a cryptographic system, usually having no central issuing or regulating authority.

Example Sentences

Bitcoin was the first decentralized cryptocurrency.

According to Recorded Future’s research, the regime considers cryptocurrency theft a significant revenue source, primarily funding military and weapons programs.

The US chip-maker Nvidia has said cryptocurrencies do not “bring anything useful for society” despite the company’s powerful processors selling in huge quantities to the sector.

Then there is bitcoin, the cryptocurrency that has been skyrocketing in value lately. Bitcoin is basically virtual cash — anonymous, untraceable currency stuffed into a mobile wallet.

Word Forms

• cryptocurrencies
• crypto currency
• crypto-currency

Synonyms for cryptocurrency

Depending on context, synonyms include crypto.

Related Words

Related dictionary entries include cryptoeconomy, cybercurrency, e-currency, cryptosphere, cryptocollectible, cyberdollar.

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