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Whats Virtual Currency. What are Virtual Currencies. Virtual currencies are digital currency or electronic money. What is virtual currency cryptocurrency. Answer 1 of 3.
What Is The Bitcoin 5 Cryptocurrency Alternatives To Bitcoin Bitcoin Cryptocurrency Virtual Currency From pinterest.com
The peer-to-peer nature of virtual currency means not only that thousands of computers are required to process transactions rather than one central entity but also that its value is congruent with basic economic principles. They do not physically exist as coins or notes. Some virtual currencies have an equivalent. Answer 1 of 2. What is Convertible Virtual Currency. It is not issued or guaranteed by central banks or government authorities VCs may be transferred within the community of users.
Ethereum has a function called smart contracts and these smart contracts are used in many applications.
Although they can be used as a form of payment if another. Answer 1 of 3. Some virtual currencies have an equivalent. Many digital currencies also called crypto currencies started in online gaming communities or on social media. It is not issued or guaranteed by central banks or government authorities VCs may be transferred within the community of users. Virtual currency is a digital expression of value.
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A virtual currency VC is a type of digital currency created by a community of online users is stored in electronic wallets e-wallets and generally transacted online. Virtual currency refers to any digital currency which is only available in an electronic form and not as a physical form of money. A virtual currency is completely digital. Functions as a medium of exchange a unit. They do not physically exist as coins or notes.
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Virtual currency is a digital expression of value. It is not issued or controlled by a central bank. A virtual currency is completely digital. Ethereum has a function called smart contracts and these smart contracts are used in many applications. Many digital currencies also called crypto currencies started in online gaming communities or on social media.
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Functions as a medium of exchange a unit. What is Convertible Virtual Currency. It is not issued or guaranteed by central banks or government authorities VCs may be transferred within the community of users. Many digital currencies also called crypto currencies started in online gaming communities or on social media. Digital currencies are stored in and transacted through designated software applications and networks.
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Some virtual currencies have an equivalent. Ethereum ETH is one of the most popular virtual currencies. Virtual currency refers to any digital currency which is only available in an electronic form and not as a physical form of money. Answer 1 of 3. Virtual currencies are digital currency or electronic money.
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These currencies have to be generated through a process known as mining and can be traded for a fixed value in several platforms. Features of virtual currency. Virtual currencies are digital currency or electronic money. Convertible virtual currency is an unregulated digital currency that despite not having the status of legal tender can be used as a substitute for the real and legally recognized currency. A digital representation of value that.
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A virtual currency VC is a type of digital currency created by a community of online users is stored in electronic wallets e-wallets and generally transacted online. Virtual currencies are digital currency or electronic money. Well virtual currency is a digital representation of value that is neither issued by a Central Bank or a public authority nor necessarily attached to a fiat currency but is accepted by natural or legal persons as a means of payment and can be transferred stored or traded electronically. These currencies have to be generated through a process known as mining and can be traded for a fixed value in several platforms. Ethereum has a function called smart contracts and these smart contracts are used in many applications.
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A virtual currency is a digital representation of value that serves as a unit of account a store of value and a medium of exchange but is not a representation of real money such as the Dollar. Examples of virtual currencies include Bitcoin Litecoin and XRP. It is not issued or controlled by a central bank. Ethereum has a function called smart contracts and these smart contracts are used in many applications. A virtual currency is completely digital.
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Answer 1 of 3. To be a currency means it is generally accepted as value and can be traded ie used to pay for things. What is Convertible Virtual Currency. Ethereum ETH is one of the most popular virtual currencies. Virtual currency is form of a digital currency that is only available in electronic form.
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It is not issued by a central bank or a public authority nor is it necessarily linked to a legal currency but Natural persons or legal persons accept payment methods and can conduct electronic transfers storage or transactions. Well virtual currency is a digital representation of value that is neither issued by a Central Bank or a public authority nor necessarily attached to a fiat currency but is accepted by natural or legal persons as a means of payment and can be transferred stored or traded electronically. Of account andor a store of value. To be a currency means it is generally accepted as value and can be traded ie used to pay for things. Answer 1 of 3.
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Answer 1 of 2. Virtual currencies are digital currency or electronic money. Virtual currency cryptographic assets is a currency that is exchanged only with electronic data and does not have compulsory currency a legal effect used as a means of repayment of monetary debt by the state like legal tender. Legal tenders whose value is guaranteed by the government such as the Japanese yen and the US dollar have substance such as banknotes and coins but since virtual currency is electronic data there is no. Answer 1 of 2.
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What is virtual currency. When done properly they have no real value. A virtual currency VC is a type of digital currency created by a community of online users is stored in electronic wallets e-wallets and generally transacted online. Virtual currencies by contrast are not government-backed nor do they function as tradeable value outside the virtual world. It is not issued or guaranteed by central banks or government authorities VCs may be transferred within the community of users.
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When done properly they have no real value. To be a currency means it is generally accepted as value and can be traded ie used to pay for things. Virtual currency is a type of unregulated digital currency. Convertible virtual currency is an unregulated digital currency that despite not having the status of legal tender can be used as a substitute for the real and legally recognized currency. What is virtual currency cryptocurrency.
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Virtual currency is a digital expression of value. Legal tenders whose value is guaranteed by the government such as the Japanese yen and the US dollar have substance such as banknotes and coins but since virtual currency is electronic data there is no. What is a Virtual Currency VC. Ethereum ETH is one of the most popular virtual currencies. What is virtual currency cryptocurrency.
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Many digital currencies also called crypto currencies started in online gaming communities or on social media. Legal tenders whose value is guaranteed by the government such as the Japanese yen and the US dollar have substance such as banknotes and coins but since virtual currency is electronic data there is no. Some virtual currencies have an equivalent. Value in other currencies such as US. Virtual currency cryptographic assets is a currency that is exchanged only with electronic data and does not have compulsory currency a legal effect used as a means of repayment of monetary debt by the state like legal tender.
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Virtual currencies like Bitcoin are created by a process known as mining where an individual using powerful computers authenticates transactions in what is known as a blockchain or a ledger of digital transactions. When done properly they have no real value. What is a Virtual Currency VC. Value in other currencies such as US. Unlike other digital currencies which are simply electronic representations of a currency virtual currencies can only be used electronically.
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In some cases you can spend it like money but it does not have legal tender status in. Value in other currencies such as US. What is Convertible Virtual Currency. What is virtual currency. Answer 1 of 3.
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Traditional currency is a government-backed symbol of value. Value in other currencies such as US. What is a Virtual Currency VC. Many digital currencies also called crypto currencies started in online gaming communities or on social media. Functions as a medium of exchange a unit.
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Ethereum has a function called smart contracts and these smart contracts are used in many applications. In 2014 the European Banking Authority EBA defined virtual currency. Legal tenders whose value is guaranteed by the government such as the Japanese yen and the US dollar have substance such as banknotes and coins but since virtual currency is electronic data there is no. Unlike other digital currencies which are simply electronic representations of a currency virtual currencies can only be used electronically. Virtual currencies by contrast are not government-backed nor do they function as tradeable value outside the virtual world.
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