### Instruction: What is cryptocurrency?
### Response: Cryptocurrency is a currency that you can by with physical money and it is held as a digital currency.  It is not backed by the FDIC or insured, and there is a lot of risk when investing in cryptocurrency. Because it is not regulated you can see price fluctuations as high as 90% loss or gain in cryptocurrency.  It is also a decentralized digital currency.  Cryptocurrency can be a good way to send large amounts of money abroad without having to pay an institution fees to do this through a wire and its immediate.  It can be used to pay for certain goods and services too.