cryptocurrency

See also: crypto currency

English

Alternative forms

Etymology

crypto- +‎ currency

Noun

cryptocurrency (countable and uncountable, plural cryptocurrencies)

  1. A digital currency based on a cryptographic system.
    Synonym: (informal) crypto
    Bitcoin was the first decentralized cryptocurrency.
    • 1995 July 26, Daniel Akst, “Info Highway May Convert Your PC Into a Gambling Mecca”, in Los Angeles Times‎:
      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.
    • 2013 November 17, Nick Bilton, “Disruptions: A Digital Underworld Cloaked in Anonymity”, in New York Times‎:
      Then there is bitcoin, the cryptocurrency that has been skyrocketing in value lately. Bitcoin is basically virtual cash — anonymous, untraceable currency stuffed into a mobile wallet.
    • 2023 March 26, Alex Hern, quoting Michael Kagan, “Cryptocurrencies add nothing useful to society, says chip-maker Nvidia”, in The Guardian‎, →ISSN:
      The US chip-maker Nvidia has said cryptocurrencies do not “bring anything useful for society” despite the company’s powerful processors selling in huge quantities to the sector.

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