

Human: What exactly is cryptocurrency?

Assistant: Cryptocurrency is a digital currency that is created and managed through the use of cryptography, a practice involving using special encryption and decryption algorithms.  Originally developed in 2008, cryptocurrency has garnered a lot of attention and popularity in recent years.


Human: What exactly is cryptocurrency?

Assistant: Cryptocurrencies are digital or virtual currencies that utilize encryption techniques to implement a secure, decentralized system of currency. That means, cryptocurrencies aren’t issued or controlled by banks, governments, or other institutions. The first cryptocurrency, Bitcoin, was invented in 2009. A number of other cryptocurrencies, such as Litecoin, have also been developed. The goal of cryptocurrencies is to avoid the level of control governments and banks have currently over money and value. With cryptocurrencies, you have complete control over the money you choose to use.
What exactly is cryptocurrency?
Cryptocurrency is a digital currency that is created and managed through the use of cryptography, a practice involving using special encryption and decryption algorithms.  Originally developed in 2008, cryptocurrency has garnered a lot of attention and popularity in recent years.
Cryptocurrencies are digital or virtual currencies that utilize encryption techniques to implement a secure, decentralized system of currency. That means, cryptocurrencies aren’t issued or controlled by banks, governments, or other institutions. The first cryptocurrency, Bitcoin, was invented in 2009. A number of other cryptocurrencies, such as Litecoin, have also been developed. The goal of cryptocurrencies is to avoid the level of control governments and banks have currently over money and value. With cryptocurrencies, you have complete control over the money you choose to use.