- Cryptocurrency is often described as a digital or virtual currency that is secured by cryptography which makes it nearly impossible to counterfeit or double-spend (Investopedia). But beyond currency or money, a cryptocurrency may also be an asset. When a cryptocurrency is bought as an asset, the buyer or investor believes that the value of that asset will increase in the future, just as stock market investors buy securities when they believe the company will grow and share prices will increase (NASDAQ). Because many cryptocurrencies are without a central authority, they are decentralized networks based on blockchain technology.
Up to 62 percent of Americans surveyed do not invest in cryptocurrency because they do not understand the market, shows NORC survey
