Cryptocurrency has been a driving factor of technological and financial innovation for the past decade. The objective of this thesis is to research and understand the impact that cryptocurrency has had on todays economy. In my research i have come to find out that there are numerous investment opportunities in the crypto space which could generate a substantial profit. The world has become a digitalized society everyone uses a credit card now which is also digital money, but it is fiat money (money that is not backed up by any commodity such as gold. It is money issued by the government and regulated by the central bank.) So, I would say that it is worthwhile to learn about digital currencies as they have been on the rise lately and are looking to be dominant in years to come.