eli5: what is the difference between Electronic money and digital currency?

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eli5: what is the difference between Electronic money and digital currency?

In: Economics

2 Answers

Anonymous 0 Comments

“Electronic” money is actually just the computerized representation of actual, hard currency (that physically moves around behind the scenes).

Digital currencies, by contrast, have no physical manifestation.

Anonymous 0 Comments

I meant electronic money vs. Central Bank digital currency