Actually it's totally different,
even though its name was Cryptocurrency,we can not compare it to actual money aka Fiat.
if we want it to be considered as a 'real currency' we should have a physical form.
right now the best word to describe it is 'Electronic Payment' not 'Electronic Money'.
'Electronic payment' was a tool for people to help them send their money across the world,
it's just a tool and will never replace the real 'money' itself.
Definitely the two was so much different to each other,when we say electronic money or much defined as money store it is used making transactions by the helped of the internet and it won't demand bank account settlement while physical money from the word physical it can be touch and feel it. Mostly cash used by everybody for buying and paying their bills as we all knew that not all people using the digital or electronic money.