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Cryptocurrency In 5 Minutes - Cryptocurrency Explained - What Is Cryptocurrency? - SimplilearnBitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group. Bitcoin is a decentralized digital currency that operates without a financial system or government authorities. It utilizes peer-to-peer transfers on a digital. bitcoinmotion.org � Investing.