Difference between digital currencies, virtual currencies, and cryptocurrencies: Easy explanation. [Video]

#digitalcurrency #virtualcurrency #cryptocurrency #oldmoney #newmoney This video is on Difference between digital currencies, virtual currencies, and cryptocurrencies description. Chapters: 00:00 – Introduction 00:34 – What are digital currencies? 01:22 – What are virtual currencies? 01:59 – How much is a virtual currency worth? 02:31 – What are cryptocurrencies? 02:40 – How many parties are involved in a cryptocurrency transaction? 03:10 – What are the Examples of cryptocurrency? 03:33 – Comparision between digital currencies, virtual currencies, and cryptocurrencies 04:25 – Conclusion (Explained in detail in the video) Till the early ‘90s, gold was the currency of the world. Then, this system of gold as a currency replaced bank notes. And now, we have seen the rise of digital currencies, virtual currencies, and of course, cryptocurrencies. To understand the difference between digital, virtual, and cryptocurrency, you’ll first need to know what they are. (Explained in detail in the video) What are digital …