What Is Electronic Cash?

Electronic cash refers to a broad category of money that exists solely in digital form and can be used to facilitate peer-to-peer transactions electronically. Unlike e-money, which typically involv...

By · · 1 min read
What Is Electronic Cash?

Source: Bitcoin Magazine

Electronic cash refers to a broad category of money that exists solely in digital form and can be used to facilitate peer-to-peer transactions electronically. Unlike e-money, which typically involves intermediaries like banks and payment processors, electronic cash is designed to mimic the characteristics of physical cash, such as anonymity and direct exchange between users. Though […]