In an effort to webify currency for e-commerce

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In an effort to "webify" currency for e-commerce, digital currencies were created. Discuss the pros and cons of digital currency versus physical currency (electronic funds in banks are still considered physical currency). How are these newly created digital currencies valued? Find an example of a digital currency, explain where it is used, and describe how security is or isn't implemented.

Reference no: EM13856274

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