What are the advantages of using digital currency over traditional currency?

1. Increased security: Digital currencies like Bitcoin and Ethereum are decentralized, meaning that they are not governed or regulated by any central authority. This means that transactions made using digital currency are secure and cannot be tampered with.

2. Lower transaction fees: Transaction fees associated with digital currency are typically much lower than with traditional payment methods.

3. Convenience: With digital currency, you can make payments online almost instantly and securely.

4. Anonymity: Digital currency transactions can be anonymous, meaning that it’s harder to track the identity of the person who made the purchase.

5. Global access: Digital currency can be used anywhere in the world, making it globally accessible.

6. Fungibility: Digital currencies are more easily exchanged for other goods and services than traditional currencies, making them more fungible.