Cryptocurrency

C1 16+

Pronunciation: /krɪptoʊˈkʌrənsi/

Definitions of Cryptocurrency

noun a digital or virtual form of currency that uses cryptography for security

Example Sentences

A1 Cryptocurrency is a type of digital currency that uses cryptography for security.

A2 Many people invest in cryptocurrency as a form of alternative investment.

B1 Cryptocurrency transactions are recorded on a decentralized ledger called a blockchain.

B2 The value of cryptocurrency can be highly volatile, making it a risky investment.

C1 Cryptocurrency has the potential to revolutionize the financial industry with its decentralized nature.

C2 Regulatory bodies around the world are still grappling with how to effectively govern the use of cryptocurrency.

adjective related to or involving cryptocurrency

Example Sentences

A1 Cryptocurrency is a type of digital currency.

A2 Many people invest in cryptocurrency for its potential high returns.

B1 Cryptocurrency transactions are decentralized and secure.

B2 Investing in cryptocurrency requires a good understanding of market trends.

C1 Cryptocurrency regulation varies from country to country.

C2 Cryptocurrency mining can be a profitable but energy-intensive activity.

Examples of Cryptocurrency in a Sentence

formal Investing in cryptocurrency requires a deep understanding of blockchain technology.

informal I heard that cryptocurrency is the future of finance.

slang I'm thinking of throwing some cash into that new crypto everyone's talking about.

figurative Cryptocurrency is like a digital gold rush, with everyone trying to strike it rich.

Grammatical Forms of Cryptocurrency

plural

cryptocurrencies

comparative

more cryptocurrency

superlative

most cryptocurrency

present tense

cryptocurrency

future tense

will cryptocurrency

perfect tense

have cryptocurrency

continuous tense

is cryptocurrency

singular

cryptocurrency

positive degree

cryptocurrency

infinitive

to cryptocurrency

gerund

cryptocurrencies

participle

cryptocurrency

Origin and Evolution of Cryptocurrency

First Known Use: 2009 year
Language of Origin: English
Story behind the word: The term 'Cryptocurrency' is derived from the combination of 'crypto-' referring to cryptography and '-currency' indicating a form of money or medium of exchange.
Evolution of the word: The term 'Cryptocurrency' was first used in 2009 when Bitcoin, the first decentralized cryptocurrency, was introduced by an unknown person or group using the pseudonym Satoshi Nakamoto. Since then, the word has become widely used to describe a digital or virtual currency that uses cryptography for security and operates independently of a central authority.