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A cryptocurrency is a digital, encrypted, and decentralized medium of exchange. Unlike the U.S. Dollar or the Euro, there is no central. A cryptocurrency is. Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure.

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Crypto legal and tax issues. Cryptocurrencies have been compared to Ponzi schemes , pyramid schemes [] and economic bubbles , [] such as housing market bubbles. Categories : Cryptocurrencies Applications of cryptography Decentralization Financial technology. NerdWallet's ratings are determined by our editorial team. Fake websites: Bogus sites which feature fake testimonials and crypto jargon promising massive, guaranteed returns, provided you keep investing.

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