# Cryptocurrency

By [kanjimahant@gmail.com](https://paragraph.com/@kanjimahant) · 2023-10-12

btc

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A cryptocurrency is **a digital currency, which is an alternative form of payment created using encryption algorithms**. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system.

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