Business

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.