noun (plural cryptocurrencies)
A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank: decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation
More example sentences
- States will undoubtedly resist the spread of cryptocurrencies.
- Bitcoin was the first widely used cryptocurrency, but few people know it is not the only one.
- What does your cryptocurrency allow people to do that they could not do otherwise, and how does it help them do existing tasks more quickly or cheaply?
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