Do you understand the difference between digital money and crypto currencies? - Page 20 - For Beginners - CryptoTalk.Org Jump to content
johant123

Do you understand the difference between digital money and crypto currencies?

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As far as I'm concerned and I know, I think cryptocurrency has to be digitized. Digital currency means the currency of the Internet. We can invest and trade anywhere in cryptocurrency and sell groceries.

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Like me, digital currencies can include dollars, euros, rubles. Where there is an alternative to digital money in the form of paperwork, because cryptocurrencies are indomitable and have no security on the ground.

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Thank you, my friend, for your interest in this important topic and the detailed explanation .. At first I thought that there was no difference between them, but after good research and study, I realized that this is not true and there is a big difference .. Cryptocurrencies in the world of virtual simulation and digital currencies have an alternative in reality.

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Yes, I understand there difference because the difference is clear, digital money is on the internet and you cannot actually hold them with your hand, they are not tangible, where as cryptocurrecy is a kind of money that is also base on the blockchain technology and it's not control by any financial institution.

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Hello my friend,

Thank you very much for sharing this information with us in this fourm, I thought that the digital money and crypto currencies are the same, but thanks to you, I learned now the deferent between them.

Again, thank you and best regards.

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Yeah I do understand the difference between the cripto currency and digital currency ,thank you so much for this wonderful information that will help a lot to the people who don't know much about the digital trading .

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My dear friend, I thank you with all my heart for the information that you published, because these things were blurry to me, but now I understand what is the difference between them.

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Thank you, my friend, for sharing with us this useful post for everyone. I did not know the difference between cryptocurrencies and digital money. Now I know very well the difference between them.

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As for me, I did not know very well the difference between digital currency and cryptocurrency, but after this good post, I have an idea about the topic, thank you my friend ,, and we must always do the same and support the rest of the members with information

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In fact, many people do not know this difference, I would like to add a brief idea about that, digital currency is a comprehensive term used to refer to money that exists only in the digital space. As for cryptocurrencies, they are digital currencies only because they are present on the Internet, but they are also virtual currencies that are created using algorithms.  Encryption.

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As a beginner this information is very important for me because I was thinking that cryptocurrency and digital currency  both are same you explain in your post that cryptocurrency and digital currency both are different currencies 

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There is a very big difference between digital money and cryptocurrencies, and the difference is clear from what I explained, my friend, I agree with you, and everyone here in the forum should know the difference completely between digital money and cryptocurrencies. We must work hard and raise the level of cryptocurrencies significantly so that the benefit to everyone

Good luck to all

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Hello my friend.Thank you for this information that you shared with us.In fact, I didn't know there was a difference between digital currencies and cryptocurrencies.

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Yes, there are a lot of differences between digital currency, paper currency, and cryptocurrency.Paper currencies are insatiable that they have a balance of gold minerals in the global book, and they are supported in this value and have a lot of risk and the other. Thank you.

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Thank you, my friend, for explaining the difference between digital money and cryptocurrencies
It was a very useful topic for beginners

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Thank you, my friend, for this useful and valuable publication that contains many important information for all members, and I hope that all people who are able to publish such important and distinguished topics will publish them so that everyone can benefit from them.

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I do not have accurate information, but I expect that digital currencies have more official status than cryptocurrencies, as they are affiliated with government agencies and not for private projects.

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Yes, I understand the difference between digital currency and cryptocurrency. Digital currency is a centralized currency like fiat in digital form, virtual money in general, every country has it, it is fiat currency and fiat transactions use digital and only a few are in paper form. Whereas cryptocurrency is a currency that relies on cryptography as a transaction and no one is controlling or decentralized, its value is constantly fluctuating so that it is suitable for investment and trading.

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Thank you my friend for this important topic
I used to not differentiate between digital currency and cryptocurrency. I thought they were one thing, and I hope to learn more about this

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Thank you for providing advice, my friend. This explanation provides the purpose for understanding digital currencies more. Thank you

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Thanks for your sharing now it is clear for me . It is right that digital currency are electronic currencies these have not a paper . It work as a electronic online work and we send and receive in electric devices . And cryptocurrencies send and receive in a chain ⛓️ like bitcoin. 

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Thanks for sharing such an informative post with all of us on this platform 

This post will be helpful for all of us especially for newcomers on this platform 

Your post helps us to understand between digital currency and crypto currency 

You shared a quality post on this forum that's really awesome 

Once again thanks

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Thank you, I did not know the difference between them very well.  But now, thanks to you, I have become well acquainted. Which means, we can say about electronic money that we sometimes use to buy apps from Google Play.  While cryptocurrencies are what we use on this forum

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One of the main difference lies in the very nature of those currencies, while digital money  is not Not classified cryptocurrencies are more specific and require encryption. Thus even though  both forms of assets are Translatable  online they are presented in different forms of digital money is centralised ehilebcrypro while crypto  is decentralized

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