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Bitcoin explained: How do cryptocurrencies work? - BBC NewsCryptocurrency (or �crypto�) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment. A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. Cryptocurrency is decentralized digital money that is based on blockchain technology and secured by cryptography.
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