What is Virtual Money?

[sergeykravcov177]

As I believe, if not to say in simple words, then virtual money is not material, but as a spiritual world, you only materially push - send or transfer or withdraw some amount of money. More money on the wallet - more we are spiritually enriched

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[akram143]

Virtual currency is called a parity unit that is created by a decryption method that is not centralized, uncontrollable, physically existent. In fact, ninety percent of the money in the bank is virtual money. Only a small amount of paper money was produced.

Virtual money is a good concept to reduce corruption and to increase economic growth and it is also very useful to reduce carrying money and give protection from thief so my opinion is virtual money is one of the good way to grow up .

[faupou]

Virtual currencies like Bitcoin are all systems that are based on chain blocks or blocks. So from publishing, how transactions and records are all recorded in a decentralized blockhain network. So everyone can run this block chain server, the advantage of using virtual money is to reduce the risk when transacting online will not be easy to steal.

[Clark13]

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 are those currencies that cannot be touch (intangible), cannot be seen, but the presence is there. Can be used in online transaction such as online shopping and other transactions. Virtual is term near about electronic and it is controlled by ledger. It is widely use by the people since it is easy to access with it rather than the real money that we have. This virtual money can be transfer to others, and can be exchange to other cryptocurrencies.

[Ocherill]

The term 'Virtual currency' refers to some currencies that has no real occurence and can be felt or seen. They are only encrypted as set of data and so called

[Cyanics]

Virtual cash is something that causes exchange of goods or works as assets to change the world economy without affecting the market economy directly.

[isyot12345]

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,in the other terms is that we called the digital currency,and its an imaginary  things that we cannot seen and touch,its a transparent  and run through by an internet connection and sometimes we called it cryptocurrency.

[websoftwareengineer]

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.

Bitcoins is a virtual money just like credit cards and that is the number one reason why cryptocurrency is very useful, since it has a very fast transaction, the value of the coins you are holding is also increasing as the time goes by.

[lyndon30]

Virtual money also known as virtual currency is a type of unregulated thing like digital money and the developers usually controlled it. Its very helpful because this is the way to make done quickly and easily conduct transactions.

[puugiako0811]

Virtual money can be defined as digital representation of value that is issued and controlled by its developer.  An internet money, Virtual money is not physically exists.

[Simplyield]

Simply virtual currencies are the cart to downfall palace. Invest it and you will loss even what you earned by hard days work.

[sesilab]

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 medium of exchange that operates like a currency in certain environments, but does not have any attribute as a real currency ''. The key is the virtual currency attribute has no definition as a legal tender status. virtual money has no valid intrinsic value to use as a price submission.

[mkcube]

Virtual money is a digital representation of value that is issued and controlled by its developers and it not issued by the central bank whereas money is a negotiable instruments.

[rony01941]

I think virtual mony meanings are meant to be digital coins. Because these coins are in reality no existence. We can only see the existence of online. For example, Bitcoin and other currencies. But these currencies govern the developers. It is not managed by the bank, but its conclusions We have the ownership. We can rely on this currency, because its popularity is increasing day by day

[CucuH4rlan]

virtual money does not have a physical form like the currency issued by the banker. But I think virtual currency has an advantage where it is more practical and support the progress of the times.

[Shoesouse]

Virtual currency has no physical base and investment in it is a blindfold act. It has o calculation of prices and they fluctuate based on the people that are j

[Adine.lablab]

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

[Spider A4]

Virtual currencies consist of coins/currencies within a virtual world or virtual game such as World of Warcraft,Maplestory,Runescape,and many other online games.These virtual currencies all have fluctuating value just like any market,as there are always buyers and sellers (supply and demand.

[kskwerl]

Bitcoins are decentralized, that is, there is no single e-currency center, which can be used completely anonymously through secure Internet protocols.

[Plissken]

Virtual money is our future. It is already close. And it's very strange to see that many people deny this money. They are not dangerous.