What Is Crypto? In general, cryptocurrency is digital and decentralized money. Digital, because it has no physical shape and only exists over the internet. Decentralized, because it is not issued by any governmental authority, thus free from national monetary policies and immune to inflation, deflation or bank collapses. Cryptocurrencies are the first alternative to our traditional money, which is called fiat currency. Despite their different form, cryptocurrencies can also be used to pay for...