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What is cryptocurrency and how does it work? By Sierra Fox FOX 5’s Sierra Fox breaks down just how crypto currency works. WASHINGTON - What is cryptocurrency? You may have heard the term a lot recently, but many of us still don’t know exactly what is. Several types of cryptocurrency exist like bitcoin, dogecoin, and ethereum. The best way to view cryptocurrency is as a commodity like gold. It has value and can be traded for other goods, but the catch with cryptocurrency is it can be done anonymously without having to rely on the government or banks. It works like any other investment. A person is putting up their real money to buy shares of cryptocurrency to trade or sell them just like you would a stock to make a profit.

United statesJames harderElon muskTony bookerOrion koziolkiewiczVirginia tech department of computer scienceVirginia tech blockchain initiativeGoogle driveSierra foxBlockchain ecosystem catalystVirginia tech departmentComputer scienceஒன்றுபட்டது மாநிலங்களில்ஜேம்ஸ் கடினமானதுடோனி புக்கர்வர்ஜீனியா தொழில்நுட்பம் துறை ஆஃப் கணினி அறிவியல்