What does digital currency mean?
Definitions for digital currency
dig·i·tal cur·ren·cy
This dictionary definitions page includes all the possible meanings, example usage and translations of the word digital currency.
Wikipedia
Digital currency
Digital currency (digital money, electronic money or electronic currency) is a type of currency available in digital form (in contrast to physical, such as banknotes and coins). It exhibits properties similar to physical currencies, but can allow for instantaneous transactions and borderless transfer-of-ownership. Examples include virtual currencies and cryptocurrencies and central bank issued money accounted for in a computer database (including digital base money). Like traditional money, these currencies may be used to buy physical goods and services, but may also be restricted to certain communities such as for use inside an online game or social network.Digital currency is a money balance recorded electronically on a stored-value card or other devices. Another form of electronic money is network money, allowing the transfer of value on computer networks, particularly the Internet. Electronic money is also a claim on a private bank or other financial institution such as bank deposits.Digital money can either be centralized, where there is a central point of control over the money supply, or decentralized, where the control over the money supply can come from various sources.
Numerology
Chaldean Numerology
The numerical value of digital currency in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of digital currency in Pythagorean Numerology is: 7
Examples of digital currency in a Sentence
This is a big one that is coming on to the landscape, the whole question of a privacy standard for transactions made in any form of digital currency, and where the public interest lies.
Facebook will not offer the Libra digital currency until we have fully addressed regulatory concerns and received appropriate approvals.
I have serious concerns with Facebook's plans to create a digital currency and digital wallet, if Facebook's plan comes into fruition, the company and its partners will wield immense economic power that could destabilize currencies and governments.
While CBDC (central bank digital currency) poses a number of opportunities, it could raise significant challenges for maintaining monetary and financial stability ... and would need to be very carefully designed if it were to be introduced.
The U.S. Olympic Committee’s dismissal of our concerns is a tacit endorsement of communist China’s behavior, we have no assurances that our athletes will be safe at the 2022 Beijing Olympics and have no reason to believe that the Chinese Communist Party will not leverage their position to weaponize its new digital currency and national security law to target U.S. athletes.
Translations for digital currency
From our Multilingual Translation Dictionary
- mata uang digitalIndonesian
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"digital currency." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/digital+currency>.
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