Post
Topic
Board Bitcoin Discussion
Re: Digital money or virtual currency?
by
Himanshu111
on 10/09/2018, 19:28:45 UTC
What is meant by virtual currencies is not only the most well-known bitcoin. currently there are 1,400 virtual currencies. So, bitcoin is not the only virtual currency in circulation. As for bitcoin is one of the virtual currencies with the largest market capitalization. So bitcoin is digital or virtual money that is a term for us traders on social media.
Yeah bitcoin is the most widely used in virtual currency but its legality is still questionable? different from the digital currency made by
the government officially it would be preferred because it could be used and accepted everywhere
I think virtual currency is the clear winner as each and every person on this planet uses virtual currency only.Virtual currency is functioning from the traditional time period and it is accepted internationally and all the transactions are done through the virtual currency only.On the other hand digital currency has started very recently and also it is not supported by any central bank or government.Moreover it is banned in some Nations too.