Bitcoin
Digital environment
What is Digital environment ?
Apps and environments young people use
Type of digital environment:
- Cryptocurrencies
Bitcoin is a type of cryptocurrency (digital currency) using peer to peer software.
Risks and motivations
Risks
Young people who use Bitcoin may be exposed to digital risk factors like:
Young people using Bitcoin may also:
- experience financial exploitation
- get involved in cybercrime
Motivations
Young people might use Bitcoin to:
- make money
- learn something new
What you can do
How to close an account in this environment
![](https://online-risk-guide.barnardos.org.uk/transforms/_540xAUTO_crop_center-center_none/3239/GettyImages-1405778995-1.webp)
Share your experience of Bitcoin
You can tell us about:
- other terms you might have heard
- conversations you’ve had with young people
- a related platform or app
- another related risk or harm