Meaning of digital gold | Babel Free

Definitions

1. A form of digital currency based on mass units of gold.
   uncountable
2. A cryptocurrency seen as a safe store of value.
   uncountable

Examples

“With a digital gold account, the gold is held at the bank, and the transfers of gold are completed simply by making entries in the bank's computerized record⟳ system, hence the term “digital gold.””

“Moores says part of the currency’s power is in its use⟳ as a speculative instrument for trading – a digital gold – but also as a way for companies to make⟳ payments more cheaply and perform⟳ other functions.”

“If bitcoin was digital gold, Ethereum was digital silver.”

CEFR level