cryptocurrency

«cryptocurrency» in Mova's school dictionary: A kind of digital money that exists only on computers… — its meaning for a pupil, its sense in the lessons and examples.

part of speech

noun (a cryptocurrency, cryptocurrencies; cryptocurrency, uncountable); informal crypto

meaning for a pupil

(money) A kind of digital money that exists only on computers, uses special codes to keep it secure, and is not issued by a government or bank, such as Bitcoin. tree →

sense in the lessons

In money and computing lessons it is explained as a new kind of money with prices that go up and down very fast. In the news it appears with scams, investments and energy use. Phrases: "buy cryptocurrency", "crypto wallet", "the price of cryptocurrency".

examples

• Bitcoin was the first cryptocurrency. tree →
• The price of cryptocurrency can rise or fall a lot in one day. tree →
• My uncle lost money when his cryptocurrency crashed. tree →
• Cryptocurrency is kept in a digital wallet. tree →
• Scammers often ask for payment in cryptocurrency. tree →
• Some cryptocurrencies use a lot of electricity. tree →

note

Plural: cryptocurrencies. Often shortened to "crypto". It is risky: values change fast and money can be lost or stolen, and there is usually no bank to get it back. Online, never send crypto to someone who promises to "double your money"; that is a scam.

Trees and pragmatics

Every meaning and example of «cryptocurrency» parsed by Mova, each sentence with its dependency tree and frames.