Cryptocurrency is a form of digital currency, with all transactions encrypted and secure. Digital currency first came on the scene in 2009, with BitCoin, which has seen a dramatic increase in value in less than a decade. In fact, BitCoin was just 10 cents per coin back in 2009. If you had invested $1,000 in BitCoin in 2009, that investment would be worth over $9 million dollars today in 2017!
Notably, cryptocurrency is decentralized, meaning it’s outside the control of any single government, bank, company or organization. It’s a true “by the people, for the people” type of endeavor, with all transactions recorded in a public ledger system called the blockchain.
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