What is Cryptocurrency?
A currency that is a product of a specific country's economy or government is called a currency that is created, backed by or issued by that country. Cryptocurrency is also known as digital currency, digital money, electronic currency, digital asset or digital token. A currency is a product of a particular country's economy or government. A currency is a digital asset used as a medium of payment between two parties. This may be a simple transfer of money between two individuals, a large scale transaction such as purchasing a product or service and a smaller scale exchange transaction or a network of retailers selling a single product or service through the use of a network. A currency is an asset that is issued, backed by, or held by a specific government or political entity. A currency can be issued by the central bank of a nation or an independent monetary authority. There are a number of currencies in existence today such as the US dollar, Euro, Canadian dollar, ...