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Cryptocurrency In 5 Minutes - Cryptocurrency Explained - What Is Cryptocurrency? - SimplilearnAnything that serves as a medium of exchange, as unit of account and used as a store value can be referred to as money. 1) Owing to its digital nature, a cryptocurrency is fundamentally different from cash. 2) One can understand the economics of such a system well by looking at. First What is Cryptocurrency? A Cryptocurrency is a digital currency that is created through mathematical engineering (algorithm). It is designed to.