Cryptocurrency is digital (or electronic) money. With crypto, any individual can prove they own digital money. They can also send this money to a recipient without working through an intermediary.
Cryptocurrencies distinguish themselves from traditional fiat currency in that they maintain their value and integrity by using cryptography rather than use of government force or legal action.
Crypto can be purchased, held, and used by anyone, anywhere in the world, so long as they have an internet connection.
The most popular cryptocurrency is Bitcoin, which enables the transfer of money between two accounts. However, other cryptocurrencies allow people to interact with an growing list of digital products and services.