Cryptocurrency: A Beginner's Guide Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It is decentralized, meaning it operates independently of any central authority like a bank or government. Transactions are recorded on a public ledger called a blockchain, which makes it nearly impossible to hack or manipulate. The first and most well-known cryptocurrency is Bitcoin, created in 2009 by an unknown person or group of people using the pseudonym Sa...