the value of electronic money is often volatile?
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The value of electronic money is often volatile because it is relative to existing currency types, cryptocurrencies have smaller market sizes.
Explanation:
- Digital money is a means of payment that occurs in online medium only and is not tangible.
- Digital currency can be used to buy goods and services, but they can also be confined to certain online communities such as games or social networks. Sometimes recognized as a digital currency and cybercash.
- It implies that even minor cryptocurrency changes can have a pronounced effect on its stock.
Learn more about electronic money
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