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Cryptocurrency In 5 Minutes - Cryptocurrency Explained - What Is Cryptocurrency? - SimplilearnUnlike the dollar, the euro, the yen, and other forms of centralized currency, Bitcoin is classified as a decentralized currency. The standard. Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group. Bitcoin might seem complex at first, but it's essentially just a new kind of currency that operates on trust and technology rather than banks and governments.
