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#PI
Pi is the first digital currency that can be mined using a mobile phone!
What is the difference between digital currency and virtual currency?
Core difference: Digital currency is a "digital form of currency" that is legal or compliant (such as CBDC, stablecoins )), while virtual currency is a "virtual commodity" without real value backing (such as Bitcoin, altcoins )). The core differences lie in the issuing entity, legal status, and value anchoring.
Key differences
1. Issuance and Endorsement:
Digital currency: Central Bank ( CBDC, such as digital renminbi.
Currency ) or issued by compliant institutions, backed by national credit/legal assets.
Virtual currency: decentralized issuance (no entity) or private
Issued by non-institutional entities, with no legal endorsement, relying on market speculation.
2. Law and Use:
Digital currencies: can be used as a legal payment tool for
Daily trading and settlement are protected by law.
Virtual currency: Our country clearly defines it as an illegal legal tender, not
Can serve as a means of payment, trading speculation is not protected by law, and there are significant risks.