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digital currency

From Wiktionary, the free dictionary

English

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Noun

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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. It may be either a cryptocurrency (involving blockchain and coin mining) or not.
    Synonyms: e-currency, electronic currency, virtual currency (loose sense), cybercurrency (rare, dated)
    Hypernym: currency
    Hyponyms: cryptocurrency, virtual currency (narrow sense)
    Coordinate terms: cold hard cash, cold cash, hard cash (all antonymous in one or more of their senses)
    Near-synonyms: cybermoney, cybercash, e-cash, digital money, e-money, electronic money
    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.

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