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What is cryptocurrency? Why is it valuable? What are risks?


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Cryptocurrency is everywhere. You’ve seen it advertised on TV and heard about it on your favorite podcasts. Now it’s time to break down the basics.

WASHINGTON — Does it feel like cryptocurrency is everywhere you look? Super Bowl commercials, social media ads and all this talk about Bitcoin. If it wasn’t obvious before, cryptocurrency has officially hit the mainstream.

If you have questions about cryptocurrency and don’t know where to start, you’re in the right place.

Welcome to Cryptocurrency 101: the basics of cryptocurrency. In this article, we’ll break down cryptocurrency into four parts:

  • What is cryptocurrency?
  • What makes it valuable?
  • The process of investing and buying cryptocurrency?
  • What are the risks of cryptocurrency?

What is cryptocurrency?

Encryption, Bitcoin, digital wallets and private keys. These are all…

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