What is CryptoCurrency?

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.

An increasing number of online retailers are now accepting Bitcoin. What’s more, digital cryptocurrency is very appealing to many because it can be maintained independently of any bank. So there’s no need to worry about your bank account getting frozen or losing money due to a banking error.

Bitcoin operates on well-established mathematical formulas and a complex verification system that is beyond manipulation. Members of the public can also get involved in BitCoin mining. It’s a true peer-to-peer system and many economists agree that BitCoin will be the currency of the future! As such, the potential for digital currency and BitCoin investing is tremendous. That’s where CryptoCoin Digital Solutions can help.

At CryptoCoin Digital Solutions, our goal is to provide you with the newest, most profitable cryptocurrency investing opportunities. Questions? We invite you to contact CryptoCoin Digital Solutions.

CryptoCoin Digital Solutions - Articles on Digital Money and Investing in Cryptocurrency