Digital money (digital money or electronic digital money or digital money) is a kind of money available only in digital form, not in physical (such as banknotes and cash). It displays properties a lot like physical currencies, but permits instantaneous trades and borderless transfer-of-ownership. For example exclusive currencies and cryptocurrencies or even central loan company issued “digital basic money”. Like traditional money, these currencies enable you to buy physical goods and services, but can also be limited to certain areas such for use in a video game or sociable network.
Digital money is a money balance registered electronically on the stored-value cards or other device. Another form of digital money is network money, allowing the copy of value on computer systems, specially the Internet. Digital money is also a case on an exclusive lender or other lender such as loan company deposits.
Digital money can either be centralized, where there’s a central point of control over the amount of money source, or decentralized, where in fact the control over the amount of money supply will come from various resources.
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