What is considered virtual currency

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Virtual currencies are often decentralized, transactions and preventing unauthorized alterations. It utilizes cryptography for securing.

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What is a Virtual Currency - The Risk of Digital Currencies - Why Criminals use Virtual Currencies
pro.bitcoin-office.com � Cryptocurrency � Strategy & Education. A cryptocurrency is an example of a convertible virtual currency that can be used as payment for goods and services, digitally traded between. Well, virtual currency is a digital representation of value that is neither issued by a Central Bank or a public authority nor necessarily attached to a fiat.