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The Latest Digital Gold Rush, Cryptocurrency, But What Exactly Is It?

First rule of bitcoin is to not talk about bitcoin

What is Cryptocurrency?

Although cryptocurrency is on the rise, most people do not completely understand what it is. Most people purchase goods online using their debit or credit cards, however this is not always the most secure method of payment. Cryptocurrency is a method of payment that works just like USD without the risk of using of your credit or debit cards. The most popular form of cryptocurrency to this day is bitcoin, although there are hundreds of other types of cryptocurrency which are often referred to as ‘altcoins’. In simplest terms, it is digital currency.

Written by Sasha Michaels

A long time writer based in Chicago with a degree in Aerospace Engineering and a minor in Political Science. Professionally writing since the age of 13, I cover topics I'm most passionate about - relationships, travel, health, and of course, politics.

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