Cryptocurrency: meaning, definitions and examples
๐ฐ
cryptocurrency
[ หkrษชpยทtษสหkสrยทษnยทsi ]
digital currency
Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. It operates independently of a central bank and is decentralized.
Synonyms
crypto, digital currency, virtual currency
Examples of usage
- Many people invest in cryptocurrency like Bitcoin.
- Transactions made with cryptocurrency are recorded on a blockchain.
- Some countries have started to regulate the use of cryptocurrency.
- Cryptocurrency can be used for online purchases.
- The value of cryptocurrency can be very volatile.
Translations
Translations of the word "cryptocurrency" in other languages:
๐ต๐น criptomoeda
๐ฎ๐ณ เคเฅเคฐเคฟเคชเฅเคเฅเคเคฐเฅเคเคธเฅ
๐ฉ๐ช Kryptowรคhrung
๐ฎ๐ฉ mata uang kripto
๐บ๐ฆ ะบัะธะฟัะพะฒะฐะปััะฐ
๐ต๐ฑ kryptowaluta
๐ฏ๐ต ๆๅท้่ฒจ (ใใใใใคใใ)
๐ซ๐ท cryptomonnaie
๐ช๐ธ criptomoneda
๐น๐ท kripto para
๐ฐ๐ท ์ํธํํ (์ํธํํ)
๐ธ๐ฆ ุนู ูุฉ ู ุดูุฑุฉ
๐จ๐ฟ kryptomฤna
๐ธ๐ฐ kryptomena
๐จ๐ณ ๅ ๅฏ่ดงๅธ (jiฤmรฌ huรฒbรฌ)
๐ธ๐ฎ kriptovaluta
๐ฎ๐ธ rafmynt
๐ฐ๐ฟ ะบัะธะฟัะพะฒะฐะปััะฐ
๐ฌ๐ช แแ แแแขแแแแแฃแขแ
๐ฆ๐ฟ kripto valyuta
๐ฒ๐ฝ criptomoneda
Word origin
The concept of cryptocurrency dates back to the late 20th century when various attempts were made to create digital money. The first decentralized cryptocurrency, Bitcoin, was introduced in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. Since then, cryptocurrency has gained popularity as an alternative to traditional currencies, with thousands of different cryptocurrencies in existence today.