Meaning of digital currency | Babel Free

Definitions

Any currency, money, or money-like asset that is primarily managed, stored or exchanged on computer systems, especially over the internet and does not have a classical physical form of fiat currency that can be held in the hand.

countable, uncountable

Equivalents

Examples

“State-backed digital currencies, issued by central banks, are under development in various countries.”

“The goal is let a person create a digital alter-ego that can travel to many virtual worlds, keeping the same name, look and even digital currency.”

“The Winklevosses say this week’s tumult is just growing pains for a digital currency that they believe will become a sort of gold for the technorati.”

CEFR level