I am very confusing when people and media use different words to describe about Bitcoin.
They can use words like
Virtual currency
Digital currency
Cryptocurrency
Electronic cash
I am very confusing with words like "virtual currency" but I don't know what is a best word to use to say about Bitcoin.
In whitepaper, it is "A purely peer-to-peer version of electronic cash" but it is a long phrase.
https://bitcoin.org/bitcoin.pdfAll of this applies because there are a lot of words to describe Bitcoin because there are so many users coining new words that best describe Bitcoin, I am more comfortable using Cryptocurrency although virtual currency in a real sense is the one that best describes Bitcoin, in layman language the word virtual currency can easily understand by new users, that is based in my experience on how I introduce Bitcoin to my friends and people I recommend Bitcoin.