The post What is a Cryptocurrency? A Beginner’s Explanation appeared first on 99 Bitcoins.

The term “cryptocurrency” is a contraction of “cryptographic currency.” In March 2018, Merriam-Webster announced that they would include this term in their dictionary. Their definition is as follows: cryptocurrency noun cryp·to·cur·ren·cy   ˌkrip-tō-ˈkər-ən(t)-sē , -ˈkə-rən(t)-sē : any form of currency that only exists digitally, that usually has no central issuing or regulating authority but […]