The following is a conversation between GrassRootsWire.com (GRW) and Financial Strategist Omare Kinsey (OK)
GRW: What is cryptocurrency?
OK: Cryptocurrecncy is a digital form of currency in which transactions are verified and records are maintained by a decentralized system. As opposed to a physical representation like the US dollar which is backed by a centralized authority such as the government or a bank. The decentralized system uses cryptography to secure your transactions and is verified by peers, not a central bank.