Topic: What is Virtual Money? - page 4. (Read 1443 times)
There’s a lot of misunderstanding around the terms “virtual” and “digital. All virtual currencies are digital but the vice versa of this is not correct. Digital currencies are currencies that are stored and transferred electronically. Virtual currencies are used primarily for online entertainment. We can not use virtual currencies in a real world.
Hackers hack into the computers of inexperienced users, in the result they enter passwords and electric keys. Incorporate a file into the proper box in the future is quite dull. Therefore, in order to avoid such a problem, we do not need to observe the elementary rules of safety, which are printed in each payment system.
Ellektronicnaya valyuta c every year, the food will be replaced by the increasingly large population. This fact also means that the whole of the transaction with the virtual currency (purchase of goods, payment of any service, exchange of money, etc.) may be possible even from a mobile telephony.
Systems of electronic payments allow one to generate one virtual currency in the other without any problem. It occurs at the same time, with the aid of multifaceted nature reserves and onion birzh. To provide this process also can be inside the internal payment system, even though the exchange rate will be slightly lower at the same time.
Electronic money is created in such a way that they do not appear to be illegal, since they have a digitized digital form. The environment of some people uses the idea that you can take the credit card system swiftly. This is an abolutely erroneous idea.
The virtual money can be defined as a digital representation of the value that is issued and controlled by the members of a specific virtual community unlike regular money it is relying on a system of trust and not issued by a central bank or other banking authority
Virtual dengi ostadayut takoy zincnot'yu, as nactoyashchie (fiatnye), naxodyaschisya, czazhm, na bankkovkih cheshtaxa or in koshelkke pokupatelja. This kind of money has an inescapable advantage, as it will allow them to develop a number of functions that do not take place against the Fiat dengas.
About virtual currency, there are 03 different understandings:
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
Virtual money is a currency that is not generated in the real world and instead could be found in the data of a computer. Cryptocurrency is a kind of Virtual money because it is generated digitally, and is non-existing in the real plane. In addition, Virtual momey or Virtual currency also has a very high volatility rate since the value for this type of currency is speculative. Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
This is the same money as you have on a credit card, only they are not controlled by anyone or someone, not by the government))
Virtual money is any kind of assets that you can move through the Internet and electronic forms of payment. Soon there will be no place for banknotes.
Most if not all money today is virtual. Even gold is only a representation of value. Everything that changes value has some "virtual" value attached to it.
Nowadays, many transactions take place without any physical money, for example via online transfers or payment cards. It is known, however, that the money we see in the bank's online account can be withdrawn in the form of banknotes. This means that even electronic transactions are linked to "traditional" money. BTC is a new era 
.
.
Virtual Money is like the money we used to redeem / replace a good with a certain value. Virtual Money is often used for buying and selling goods online. To have virtual money a person must have a virtual account that functions as a normal account if we save in a local bank.
To withdraw Virtual Money we must transact with Third Party (Money Exchanger) and usually to cash Virtual Money we also have to have a local bank account to receive our virtual money money from Money Exchanger.
To withdraw Virtual Money we must transact with Third Party (Money Exchanger) and usually to cash Virtual Money we also have to have a local bank account to receive our virtual money money from Money Exchanger.
Virtual Money is a digital currency. An example of virtual money is bitcoin that is existing only in system, used and accepted for those who accept digital currency, it is intangible unlike regular money, where it is recognized already and has a physical form.
Yes digital currencies are good example of virtual, that we can only use through computer and internet, which do not have any physical existence but are only present in virtual life. Bitcoin is a virtual currency and i think most of the people are now giving more preference to virtual currency as compare to fiat currency. In modern time we can expect that people will give more preference to virtual currency as compare to fiat currency.
virtual currency or what we called now virtual money is a kind of unregulated currency, offered and controlled by its developers. and is used and accepted to members of a particular community. In particular, virtual currency has no legitimate status.
Unlike regular money, it is relying on a system of trust and not issued by a central bank or other banking
Unlike regular money, it is relying on a system of trust and not issued by a central bank or other banking
About virtual currency, there are 03 different understandings:
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
To simply explain what is virtual money then we can say it like a credit card which we can use to buy goods and products online and since bitcoins is a digital currency as well then there is stores who are accepting cryptocurrency as a payment method.
Virtual Money is a digital currency. An example of virtual money is bitcoin that is existing only in system, used and accepted for those who accept digital currency, it is intangible unlike regular money, where it is recognized already and has a physical form.
About virtual currency, there are 03 different understandings:
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
Virtual money is the digital currency, there are in the algorithm, in my country there are many people think that virtual currency is a gambling-like thing and there are many to stay away from it, in which the government in the country I also banned Bitcoin because the current economic situation in the country has not developed to meet the financial needs of Bitcoin.
Virtual Money is a type of money that uses a blockchain operating system that can only be used in the presence of Internet jatingan. This virtual currency is like Bitcoin, the whole system is based on chain block or blockchain.
"So from publishing, the way transactions and records are all recorded in the blockchain decentralized network.So everyone can run this block chain server,
"So from publishing, the way transactions and records are all recorded in the blockchain decentralized network.So everyone can run this block chain server,
About virtual currency, there are 03 different understandings:
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
Virtual money is just as percussed as paper money, it's just that virtual money has no form. And virtual money is a digital form of the banknote itself. Like what you say that virtual money is often used for online game payments. But if you know, the benchmark purchase price of the virtual money itself comes from fiat money. So that virtual money is an invisible form of paper money
Jump to: