Crypto currencies are digital money created from codes eg bitcoins

it is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers.

Cryptocurrencies use decentralised technology to let users make secure payments and store money without the need to use their name or go through a bank. They run on a distributed public ledger called blockchain, which is a record of all transactions updated and held by currency holders.it is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers.

https://www.telegraph.co.uk/technology/0/cryptocurrency/amp/

https://blockgeeks.com/guides/what-is-cryptocurrency/

Crypto currencies are digital money created from codes eg bitcoins

it is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers.

Cryptocurrencies use decentralised technology to let users make secure payments and store money without the need to use their name or go through a bank. They run on a distributed public ledger called blockchain, which is a record of all transactions updated and held by currency holders.it is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers.

https://www.telegraph.co.uk/technology/0/cryptocurrency/amp/

https://blockgeeks.com/guides/what-is-cryptocurrency/

They are Digital Currency as already explained by Wisdom. The only important point I want to add is this Currency is managed by the participants/players in the Block Chain & is unsupervised by the Central Bank of the Country or the Government.

I think the definition that appears in Wikipedia fulfills the purpose. In addition, it is worth mentioning that currently these crypto currencies are facing a lot of obstacles in the countries where they are allowed to be used due to the manipulation through money laundering, gambling, etc.

The block chain of cryptocurrency (digitally created monetary units) needs no third-party involvement as banks. It can be regarded as a virtual part of exponential finance. Personally, I do see a strong relationship to anarcho-capitalism in this new casino movement as techno-logical transformation of fiat money and fractional reserve banking for special players.

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Dear Dr. Emmanuel Vijayanand Murray ,

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The cryptocurrency is the new model to support a new digital currency with acceptance in the stock market, it is based on the support of proven wealth (petroleum), or accumulated wealth (gold)....example: petroyuan (chin) and petro (ven)

A cryptocurrency is so called because it uses cryptography as a security feature and is not physical in nature.The disadvantage it is not legal. BITCOIN is an example of this type of currency which has gained popularity in the last few years. It can be a manna for tax evasion , therefore it is important to be careful in trading of cryptocurrency.

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Welcome