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Tether Wallet by Freewallet. Cryptocurrency Explained With Pros and Cons for Investment A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit. And the fact that the white paper has been slipped into an Apple technology rather than into another form of tech doubles down on that message: Like cryptocurrencies currently are to traditional finance, Apple was once an underdog in its industry. Company News Tech Sector News.