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. The European Banking Authority defines virtual currency as a digital representation of value. It is not issued by the central bank or authorities, nor is it linked to legal tender, but it can be transferred, stored or traded electronically as a means of payment because it is accepted by the public.
Extended data:
According to the relationship between digital currency and the real economy and real money, it can be divided into three categories:
First, it is completely closed and has nothing to do with the real economy. It can only be used in specific virtual communities, such as World of Warcraft Gold;
Second, you can buy it with real money, but you can't exchange it for real money. It can be used to buy virtual goods and services, such as? Facebook? Credit;
Third, it can be exchanged and redeemed with real money in a certain proportion, which can not only buy virtual goods and services, but also buy real goods and services, such as Bitcoin.
Baidu Encyclopedia-digital currency