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What Is The Purpose Of Digital Currency? - Why Does Bitcoin Need More Energy Than Whole Countries Business Economy And Finance News From A German Perspective Dw 16 02 2021 / What is a digital currency?. Like real currencies, cryptocurrencies allow their owners to buy goods and services, or to trade them for profit. The concept of digital currency — or a digital version of cash controlled by a private key — was created more than a decade ago, with the launch of bitcoin. Digital currencies are intangible and can only be owned and transacted in by using computers or electronic wallets connected to the internet or the designated networks. As some governments accept the digital currency as a mode of payment. The chinese market is already very.
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