digital currency

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Digital Currency
Digital currency is a new type of money supporting by World Wide Web. These money have digital values; they are based electronically in the market (Plassaras, 2013). Digital money play the same role as physical or virtual money, but they appear only in digits. In the past, digital currency was connected with metals such as gold and silver. Nowadays, virtual money can be connected with national currency. The idea of digital currency means that these money do not have physical substance support.
Digital money have many advantages. Firstly, they reduce time consuming on actual visiting a shop. People might buy the needed product such as medicals, food or others without going out. Secondly, digital currency can save consumer’s time because of single payment system, because they do not have to calculate the exchange rate between currencies. Thirdly, these money can motivate the growth of international business as companies and firms will have all the transaction available on the internet in single currency. It is doubtless that people might have half of their salaries av...

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