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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)A cryptocurrency is a digital or virtual currency secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. At its core, cryptocurrency is typically decentralized digital money designed to be used over the internet. Bitcoin, which launched in , was the first. Cryptocurrencies are usually built using blockchain technology. Blockchain describes the way transactions are recorded into "blocks" and time stamped. It's a.