[Serious] What is Crypto Currency

I'm confused, people saying that's in a virtual money currency that can't not get converted to IRL dollars. Someone with in depth knowledge or some what explain?

plz no shat post. keep it juan hundred.

Easiest way is to not think about it. If someone will pay for something, it has value.

crypto currency is money made by blockchain system, you can search in youtube for blockchain systems

It is what nerds use to buy nerd things and btw HIllary Clinton onws btc

The way it works: The idea of the cryptocurrency is to decentralize transactions, i.e no bank required. This is done by "miners" verifying transactions by solving cryptographic puzzles using their mining equipment. When a transaction is verified, the miner is paid.

It's like a currency; only the transaction system is different.