Countries usually want you to use THEIR money or currency if you’re in that country. RYAN: Like in Japan, they use the Japanese Yen. In India, they use the Rupee.

Digital currency is any currency that’s available exclusively in electronic form, and it has the potential to completely change how society thinks about money.

Under it, a country’s currency was backed by a fixed amount of gold. For example, ... In this article, we’ll walk you through step by step why currencies have different values.

24/7 takeaways Currencies are always changing and being replaced. Most countries use multiple currencies to facilitate commerce. Download our free report on the two stocks we recommend to all traders.