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Cryptocurrency In 5 Minutes - Cryptocurrency Explained - What Is Cryptocurrency? - SimplilearnBitcoin is the digital currency that utilizes cryptocurrency. It is controlled by a decentralized authority, which is not like government-issued currencies. Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology, as we currently know it, was created. Since the creation of bitcoin in , cryptocurrencies have exploded in popularity and are today collectively worth more than $1 trillion. Critics say a lack.