Digital vs. Virtual Currencies

By August 22, 2014Bitcoin Business

Illustration by Indiana Joel. This article originally appeared in Bitcoin Magazine  Issue 22 .

There’s a lot of misunderstanding around the terms “virtual” and “digital,” and people often mistakenly use them interchangeably. The reality is that virtual currencies are a type of digital currency, meaning that all virtual currencies are digital, but the converse is incorrect. Cryptocurrencies like Bitcoin are another type of digital currency, but they are in a separate category from virtual ones. […]

Leave a Reply

All Today's Crypto News In One Place