Website: http://www.cgap.org

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2 selected articles

Bitcoin vs Electronic Money | CGAP

This Brief provides information about Bitcoin and contrasts Bitcoin with e-money to avoid alarm about the former to the detriment of the latter.

View an infographic comparing Bitcoin and e-money

Virtual Currency

One way to comprehend virtual currency is to first understand fiat currency. Fiat currency is any legal tender designated and issued by a central authority that people are willing to...

Date: 2017-12-20 03:56:02

Bitcoin vs. Electronic Money: Digital But Different | CGAP

On the other hand, e-money is digitally issued against equal value of fiat currency, and it can be centrally regulated, usually by a central bank. The report also points out that, unlike Bitcoin, there is growing evidence that e-money schemes have helped bring people into the formal financial system, especially in developing countries through mobile phone technology.

"The current...

Date: 2017-12-20 04:10:33

2 Resources