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Kerri
How can I ask someone about virtual currency, who buys it and how to use it in simple English?
2023-06-04 12:14
Answer list:：
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Sybil
Virtual currency is a type of digital currency that can be used online to purchase goods and services. Anyone with access to the internet can buy virtual currency, but it is primarily used by individuals who engage in online transactions. Virtual currency can be bought through cryptocurrency exchanges or received as payment for goods and services. It is often used as an alternative to traditional fiat currencies and offers users a range of benefits, including lower transaction fees and greater anonymity. However, virtual currencies are not backed by any government or central authority and their value can be volatile.
Release time 2023 06 04
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Beth
Release time 2023 06 04
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Youthful
Virtual currency refers to digital or virtual representations of value that are used as a medium of exchange, unit of account, or store of value. These currencies are not physical currencies and are not backed by a government or other legitimate authority.
Anyone with an internet connection and an appropriate technology can buy virtual currencies. This includes individuals, organizations, financial institutions, and intermediaries such as exchanges and brokers. The purchase of virtual currencies can be made through a variety of methods, including direct purchases from sellers, mining, and trading on digital exchanges.
Overall, the widespread availability and accessibility of virtual currencies have made them a popular investment and transaction option for many people around the world.
Release time 2023 06 04