digital currency
Virtual payment medium
Digital currency is money that exists only in electronic form, with no physical notes or coins.
This includes cryptocurrencies like Bitcoin, central bank digital currencies, and balances in online payment systems.
Unlike cash, digital currency requires electronic infrastructure to store and transfer: The country launched its own digital currency to modernize payments.
Peer-to-peer electronic cash
- EthereumProgrammable blockchain network
- miningExtracting earth's resources
- hashrateCryptographic calculations per second
- decentralizationDistributing power from center
nodes · ledger · proof of work · proof of stake · consensus · distributed · cryptography · fork
Mutual giving and receiving
- buyObtain through payment
- sellTransfer for payment
- tradeExchange of commodities
- market capTotal equity value
volatility · bull run · bear market · whale · liquidity · order book · futures · margin
Not using physical money
- mobile paymentPurchase via smartphone
- contactlessRequiring no physical touch
- NFCClose-proximity communication protocol
- QR codeTwo-dimensional scannable data pattern
tap-to-pay · remittance · cross-border · merchant · checkout · transaction fee · payment gateway · settlement
Peer-to-peer electronic cash
- EthereumProgrammable blockchain network
- RippleCryptocurrency payment platform
- LitecoinDecentralized digital currency
- DogecoinMeme-based cryptocurrency
Cardano · Solana · altcoins · stablecoin · memecoin · token · Shiba Inu · Avalanche
In-game purchase currency
- creditsUnits toward graduation
- pointsUnits of tally
- skinsOuter animal coverings
- MMORPGMultiplayer internet adventure game
metaverse · play-to-earn · NFT · Second Life
Electronic payment storage system
- cold walletOffline cryptocurrency storage device
- hardware walletDevice storing private keys offline
- custodialOf protective supervision
- non-custodialWithout legal guardianship
Adhering to requirements
- AMLIllicit finance prevention framework
- SECStock market regulator
- legal tenderOfficially recognized payment medium
- taxationCompulsory government revenue collection
licensing · sanctions · ban · adoption · El Salvador · securities · enforcement · audit
Bitcoin
Peer-to-peer electronic cash
- EthereumProgrammable blockchain network
- miningExtracting earth's resources
- hashrateCryptographic calculations per second
decentralization · nodes · ledger · proof of work · proof of stake · consensus · distributed · cryptography · fork · public key
exchange
Mutual giving and receiving
market cap · volatility · bull run · bear market · whale · liquidity · order book · futures · margin · portfolio
cashless
Not using physical money
- mobile paymentPurchase via smartphone
- contactlessRequiring no physical touch
- NFCClose-proximity communication protocol
QR code · tap-to-pay · remittance · cross-border · merchant · checkout · transaction fee · payment gateway · settlement · transfer
Bitcoin
Peer-to-peer electronic cash
- EthereumProgrammable blockchain network
- RippleCryptocurrency payment platform
- LitecoinDecentralized digital currency
Dogecoin · Cardano · Solana · altcoins · stablecoin · memecoin · token · Shiba Inu · Avalanche
V-Bucks
In-game purchase currency
MMORPG · metaverse · play-to-earn · NFT · Second Life
e-wallet
Electronic payment storage system
- cold walletOffline cryptocurrency storage device
- hardware walletDevice storing private keys offline
- custodialOf protective supervision
compliance
Adhering to requirements
- AMLIllicit finance prevention framework
- SECStock market regulator
- legal tenderOfficially recognized payment medium
taxation · licensing · sanctions · ban · adoption · El Salvador · securities · enforcement · audit · transparency
- moneydollar, euro, coin, cash, pound
- cryptoBitcoin, Ethereum, blockchain, cryptocurrency, tokens
- digital economye-commerce, online shopping, online marketplace, online banking, mobile commerce
- fintechfintech, mobile banking, mobile payment, online banks, online banking
- modern economicsGDP, GDP growth, recession, inflation, interest rates
- alternative currencyscrip, cryptocurrency, crypto, Bitcoin, Ethereum
digital currencycash
Ready spending funds
paper money · coins · hard currency · bills · banknotes
current, digit, currency, digital, currently, digits, currents, concurrent, currencies