cryptocurrency
noun
- digital medium of exchange
Wiktionary
Pronunciation: /ˈkɹɪp.toʊˌkɝ.ən.si/
noun
Etymology: Etymology tree Ancient Greek κρῠ́πτω (krŭ́ptō) Ancient Greek κρῠπτός (krŭptós)der. English crypto- Proto-Indo-European *ḱers- Proto-Indo-European *-éti Proto-Indo-European *ḱr̥séti Proto-Italic *korzō Latin currō Latin currēns Proto-Indo-European *-yós Proto-Italic *-ios Old Latin -ios Latin -ius Latin -ia Medieval Latin currentiabor. English currency English cryptocurrency From crypto- (“cryptographic”) + currency.
- A digital currency based on a cryptographic system, usually having no central issuing or regulating authority.
“Bitcoin was the first decentralized cryptocurrency.”
“As secure Internet payment systems develop, of course, betting will become easier. And if some form of digital cash—crypto-currency that can be exchanged like cash via the Internet—really does take hold, betting will be even easier still.”