Difference between revisions of "Digital currency"

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(Move link for digital currences to a new heading, See Also.)
(Reword link to list of digital currencies.)
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==See Also==
==See Also==
* [[:Category:Digital currencies]] list
* List of [[:Category:Digital currencies|Digital currencies]]
* [http://en.wikipedia.org/wiki/Electronic_money Electronic Money] article on Wikipedia
* [http://en.wikipedia.org/wiki/Electronic_money Electronic Money] article on Wikipedia

Revision as of 08:07, 9 January 2011

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.

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.

See Also