Digital currency (original) (raw)
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Digital currency
Digital currency (or digital money) uses an Internet-based medium of exchange instead of physical money, i.e. notes and coins. This could be used to buy and sell physical goods and services, or it could be a money substitute that is only accepted within a specific virtual community (e.g. an online game). A crypto-currency uses encryption to secure transactions and generate units of currency: Bitcoin is probably the best-known crypto-currency.
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