Cryptocurrency: meaning, definitions and examples

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cryptocurrency

 

[ หŒkrษชpยทtษ™สŠหˆkสŒrยทษ™nยทsi ]

Noun
Context #1 | Noun

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:

๐Ÿ‡ต๐Ÿ‡น criptomoeda

๐Ÿ‡ฎ๐Ÿ‡ณ เค•เฅเคฐเคฟเคชเฅเคŸเฅ‹เค•เคฐเฅ‡เค‚เคธเฅ€

๐Ÿ‡ฉ๐Ÿ‡ช Kryptowรคhrung

๐Ÿ‡ฎ๐Ÿ‡ฉ mata uang kripto

๐Ÿ‡บ๐Ÿ‡ฆ ะบั€ะธะฟั‚ะพะฒะฐะปัŽั‚ะฐ

๐Ÿ‡ต๐Ÿ‡ฑ kryptowaluta

๐Ÿ‡ฏ๐Ÿ‡ต ๆš—ๅท้€š่ฒจ (ใ‚ใ‚“ใ”ใ†ใคใ†ใ‹)

๐Ÿ‡ซ๐Ÿ‡ท cryptomonnaie

๐Ÿ‡ช๐Ÿ‡ธ criptomoneda

๐Ÿ‡น๐Ÿ‡ท kripto para

๐Ÿ‡ฐ๐Ÿ‡ท ์•”ํ˜ธํ™”ํ (์•”ํ˜ธํ™”ํ)

๐Ÿ‡ธ๐Ÿ‡ฆ ุนู…ู„ุฉ ู…ุดูุฑุฉ

๐Ÿ‡จ๐Ÿ‡ฟ kryptomฤ›na

๐Ÿ‡ธ๐Ÿ‡ฐ kryptomena

๐Ÿ‡จ๐Ÿ‡ณ ๅŠ ๅฏ†่ดงๅธ (jiฤmรฌ huรฒbรฌ)

๐Ÿ‡ธ๐Ÿ‡ฎ kriptovaluta

๐Ÿ‡ฎ๐Ÿ‡ธ rafmynt

๐Ÿ‡ฐ๐Ÿ‡ฟ ะบั€ะธะฟั‚ะพะฒะฐะปัŽั‚ะฐ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ™แƒ แƒ˜แƒžแƒขแƒแƒ•แƒแƒšแƒฃแƒขแƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ kripto valyuta

๐Ÿ‡ฒ๐Ÿ‡ฝ criptomoneda

Etymology

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.