# Cryptocurrency

By [IgorZa](https://paragraph.com/@igorza) · 2024-01-19

---

A type of digital currency, the accounting of internal units of account is ensured by a decentralized payment system.

The term “cryptocurrency” was established after the publication of an article about the Bitcoin system “Crypto currency”, published in 2011 in Forbes magazine.

At the same time, the creator of Bitcoin and many other authors used the term “electronic cash.”

---

*Originally published on [IgorZa](https://paragraph.com/@igorza/cryptocurrency)*