Digital currency: Difference between revisions
Jump to navigation
Jump to search
Reword the representative money paragraph. |
Added link to list of digital currencies in category. |
||
| Line 2: | Line 2: | ||
When money transfers occur as a bank wire transfer or ACH payment, or even transfers of money using services such as [[PayPal]], the funds are sent electronically but the currency transmitted is representative money and what transfers is an underlying fiat currency. | When money transfers occur as a bank wire transfer or ACH payment, or even transfers of money using services such as [[PayPal]], the funds are sent electronically but the currency transmitted is representative money and what transfers is an underlying fiat currency. | ||
==See Also== | |||
* [[:Category:Digital Currencies]] list | |||
==Links== | ==Links== | ||
* [http://en.wikipedia.org/wiki/Electronic_money Electronic Money] article on Wikipedia | * [http://en.wikipedia.org/wiki/Electronic_money Electronic Money] article on Wikipedia | ||
* List of [[:Category:Digital currencies]] | * List of [[:Category:Digital currencies]] | ||
Revision as of 08:05, 9 January 2011
A digital currency, (also known as cryptcurrency, cyber currency, digital cash, digital currency, digital money, e-currency, e-money, electronic cash, electronic currency, electronic money) refers to money or scrip which is only exchanged electronically.
When money transfers occur as a bank wire transfer or ACH payment, or even transfers of money using services such as PayPal, the funds are sent electronically but the currency transmitted is representative money and what transfers is an underlying fiat currency.
See Also
Links
- Electronic Money article on Wikipedia
- List of Category:Digital currencies