For the third time, the Reserve Bank of India sounded a warning against Bitcoins. It is the central bank’s second warning in 2017 alone. Cryptocurrency is a digital asset (in other words a form of digital money) that is designed to stay secure. It uses cryptography to secure its exchanges making it nearly impossible to counterfeit. Cryptocurrency in particular is classified as a subset of digital currencies. Bitcoin was the first decentralized cryptocurrency. In 2017, the value of Bitcoins began to exponentially rise in the markets..