Difference between revisions of "Digital currency"

From Bitcoin Wiki
Jump to: navigation, search
m (fix typo)
m (Reverted edits by Amandaphiffer (talk) to last revision by Taras)
 
(8 intermediate revisions by 7 users not shown)
Line 1: Line 1:
A '''digital currency''', (also known as cryptcurrency, cyber currency, digital cash, digital currency, digital money, e-currency, e-money, electronic cash, electronic currency, electronic money) refers to money or scrip which is only exchanged electronically.
+
A '''digital currency''' refers to money or [[wikipedia:scrip|scrip]] which is only exchanged electronically.
  
 
When money transfers occur as a bank wire transfer or ACH payment, or even transfers of money using services such as [[PayPal]], the funds are sent electronically but the currency transmitted is representative money and what transfers is an underlying fiat currency.
 
When money transfers occur as a bank wire transfer or ACH payment, or even transfers of money using services such as [[PayPal]], the funds are sent electronically but the currency transmitted is representative money and what transfers is an underlying fiat currency.
 +
 +
[[Bitcoin]] has been described as the first decentralized digital currency.
  
 
==See Also==
 
==See Also==
* List of [[:Category:Digital currencies|Digital currencies]]
+
* [[BTConvert]]
 +
* [[List of alternative cryptocurrencies]]
 
* [[:Category:Money transmitters|Money transmitters]]
 
* [[:Category:Money transmitters|Money transmitters]]
 +
* [[Redeemable code]]
  
 
==External Links==
 
==External Links==
 
* [http://en.wikipedia.org/wiki/Electronic_money Electronic Money] article on Wikipedia
 
* [http://en.wikipedia.org/wiki/Electronic_money Electronic Money] article on Wikipedia

Latest revision as of 00:07, 11 March 2018

A digital currency refers to money or scrip which is only exchanged electronically.

When money transfers occur as a bank wire transfer or ACH payment, or even transfers of money using services such as PayPal, the funds are sent electronically but the currency transmitted is representative money and what transfers is an underlying fiat currency.

Bitcoin has been described as the first decentralized digital currency.

See Also

External Links