digital currencies
Bitcoin and alternatives
Digital currencies are forms of money that exist only electronically, with no physical coins or bills.
The term covers cryptocurrencies like Bitcoin, which operate on decentralized networks, as well as central bank digital currencies issued by governments.
Digital currencies enable transactions without traditional banking intermediaries: She converted her savings to digital currencies.
The plural form often appears in discussions of financial regulation and emerging payment systems.
- cryptocurrencyEncrypted decentralized money
- paymentFulfilling a financial obligation
- e-commerceInternet-based buying and selling
- electronicRelating to circuitry devices
- tokensCurrency substitutes
smart contracts · blockchain · miners · wallets · intangible · money laundering · cold storage · private keys · trade · stablecoins · Satoshi · crypto wallet · payment systems · remittances · electronic funds transfer · monetary policy · cybersecurity · financial technology
digital currenciescash
Ready spending funds
coins · paper money · banknotes · hard currency · specie
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