Author

Topic: Bitcoin: Digital or Virtual currency? (Read 446 times)

legendary
Activity: 1106
Merit: 1005
January 05, 2014, 09:02:03 PM
#3
virtual = Existing in the mind, especially as a product of the imagination.
digital = representing data as a series of numerical values

i'd go with digital.
legendary
Activity: 4396
Merit: 4755
January 05, 2014, 08:57:40 PM
#2
I understand that currency is just one of Bitcoin’s uses, but in that capacity would you consider it a digital or virtual currency or both? And why?

(I ask because I keep seeing it referred to in both ways and was wondering what the people of this forum thought.)


very very laymans terms the average joe dont know the difference. but in some peoples minds virtual gives the impression of virtual reality = false reality.. thus giving people a uneasy mind when thinking about bitcoin being virtual (false). so i prefer to use the term digital, purely to avoid this subconscious thought entering peoples minds
newbie
Activity: 6
Merit: 0
January 05, 2014, 08:50:10 PM
#1
I understand that currency is just one of Bitcoin’s uses, but in that capacity would you consider it a digital or virtual currency or both? And why?

(I ask because I keep seeing it referred to in both ways and was wondering what the people of this forum thought.)
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