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�It Could Happen Overnight� Why Bitcoin Rocket Up 800% - Mark Yusko PredictionAt its core, cryptocurrency is typically decentralized digital money designed to be used over the internet. Bitcoin, which launched in , was the first. A cryptocurrency is a medium of exchange, such as the US dollar, but is digital and uses cryptographic techniques and it's protocol to verify the transfer of. Cryptocurrency (or �crypto�) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment.