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What is cryptocurrency?

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  • What is cryptocurrency?


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Answer #1 | 27/12 2013 15:41
Cryptocurrency is money that does not exist in a physical sense, but instead in a digital state. An example being Bitcoins or Litecoins. Mining is the act taken to try to obtain Bitcoins etc. A certain program can be downloaded that runs on the computer and 'mines' for Bitcoins. Hope that enlightens you slightly
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