digital currency

English

Noun

digital currency (countable and uncountable, plural digital currencies)

1. Any currency, money, or money-like asset that is primarily managed, stored or exchanged on computer systems, especially over the internet and does not have a classical physical form of fiat currency that can be held in the hand.

   Synonyms: digital money, electronic money, electronic currency, e-currency

   Synonym: (loosely) virtual currency

   Hyponyms: cryptocurrency, virtual currency

   State-backed digital currencies, issued by central banks, are under development in various countries.

   • 2007 October 10, Steve Lohr, “Free the Avatars”, in New York Times Bits Blog‎^[1]:

     The goal is let a person create a digital alter-ego that can travel to many virtual worlds, keeping the same name, look and even digital currency.

   • 2013 April 11, Nathaniel Popper, Peter Lattman, “Never Mind Facebook; Winklevoss Twins Rule in Digital Money”, in New York Times‎^[2]:

     The Winklevosses say this week’s tumult is just growing pains for a digital currency that they believe will become a sort of gold for the technorati.

Translations

any money-like asset that is primarily managed, stored or exchanged on computer systems

• Finnish: digitaalinen raha
• Swahili: sarafu ya kidijitali

Further reading

• digital currency on Wikipedia.Wikipedia