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What is digital currency?
Digital currency is an alternative currency in the form of electronic money, which can be regarded as a virtual currency based on node network and digital encryption algorithm. Digital currency is an unregulated digital currency, which is usually published and managed by developers and accepted and used by members of a specific virtual community. Digital gold coins and cryptocurrency belong to digital currency.

Digital currency can't be completely equivalent to the virtual currency in the virtual world, because it is often used for real goods and services transactions, not just in virtual spaces such as online games. At present, the central bank does not recognize or issue digital currency, and digital currency does not have to have a benchmark currency.

What's the difference between digital currency and virtual currency?

The difference between them is the different concepts, characteristics and types.

① Different concepts: digital currency is an unregulated digital currency, which is an alternative currency in the form of electronic money, while virtual money is an e-commerce product, not real money.

② Different characteristics: digital currency has a certain number of issues, while digital currency has no fixed issuing unit. When using digital currency, you need real-name authentication. Virtual currency cannot be directly or indirectly exchanged with legal tender, but its value can be improved with development.

③ Different types: digital currency, represented by Bitcoin, has a small amount and is an infinite currency. There are three kinds of virtual currency, namely game currency, special currency (such as Q currency) issued by portal or instant messaging service providers and virtual currency.