A digital medium of exchange. It uses cryptography for security, making it difficult to counterfeit. The idea of cryptocurrency comes from popular online games wherein you trade something for something, and emerges into new unit of cyber-currencies between public (miners) that mimic the value of precious metals. The first of its kind is bitcoin.
Peer-to-peer transactions can be done through cryptocurrency.
by Anomalice March 31, 2014
Get the cryptocurrency mug.A bunch of first world kids have decided to draw themselves virtual "pokemon cards" using their overpriced GPU their mom had gifted them in 2010, as even using it like normal introverts - to play games, wasn't autistic enough for them. Some had exchanged it for hitman services and pizza adding 'real value' to it; Some have accumulated more than others, now they are all 'grown up' in their 20s, and their only value is their collection of poke.. I mean "cryptos", so they are promoting it like a real deal to be able to exchange it for something more than a pizza - real estate and a tesla - and be talking success stories.
In theory - decentralized currency, in practice - it's like that old comic about USB: xkcd.com/927 but even less validity and with a pinch of ponzi and criminality and "I'll make up my own money to have money for luls, oh wait, people actually believe it".
In theory - decentralized currency, in practice - it's like that old comic about USB: xkcd.com/927 but even less validity and with a pinch of ponzi and criminality and "I'll make up my own money to have money for luls, oh wait, people actually believe it".
by veinsofgold May 11, 2021
Get the cryptocurrency mug.Related Words
You click the button and then you have an imaginary electronic thing that fluctuates in value based on what Elon Musk tweets.
Bitcoin is a cryptocurrency that can make me very rich or very broke depending upon Elon Musk's mood that particular day.
by ReguloNacho June 15, 2021
Get the Cryptocurrency mug.1 of a group of millionaire investors specialising in cryptocurrency pumps, who first got involved in 2013, made a shitload of cash and doesn't know what to spend it on.
by @thecryptocunts August 9, 2017
Get the cryptocunt mug.by MarcEatsAss May 13, 2018
Get the cryptojacking mug.A cryptocurrency exchange is a service that allows customers to trade cryptocurrencies or digital currencies for other digital assets. Many people prefer to use Rubix.io cryptocurrency exchange for trading cryptocurrencies like Bitcoin, Ethereum, Neo, and all Nep-5 tokens because it has a user friendly interface and gives users the option to trade and compete in challenges with their friends.
Where can I exchange my cryptocurrency for money?
You can trade it on a cryptocurrency exchange, like Rubix.io.
You can trade it on a cryptocurrency exchange, like Rubix.io.
by cryptoexchange February 11, 2019
Get the Cryptocurrency Exchange mug.a stupid piece 'o' doodoo money that nobody uses because nobody knows who the anonymous creator crybaby is. what an idiot and chicken.
Cryptocurrency is so dumb
by JazzyBag YT May 25, 2022
Get the Cryptocurrency mug.