Digital currency payment transfer in order to facilitate easy payment and give the payee more confidence in not letting go of their electronic wallet during the transaction. A cryptocurrency is a type of digital asset that relies on cryptography for chaining together digital signatures of asset transfers, peer-to-peer networking and decentralization. In some cases a proof-of-work or proof-of-stake scheme is used to create and manage the currency. Cryptocurrencies allow electronic money systems to be decentralized. The first and most popular system is bitcoin, a peer-to-peer electronic monetary system based on cryptography. A virtual currency has been defined in 2012 by the European
Currency War of 2009–11 the European Central Bank (ECB) did practice some QE in 2009, this was to a much lower extent than the US or UK, and they did not deploy a second round. The value of the Euro has been effectively left to float, and in fact early in 2010 central authorities intervened to defend the Euro’s value against the market. Following the generally positive results from bank stress testing that were released in summer, market participants stopped speculating against the Euro, and the currency has tended to rise as a result of other countries practicing competitive devaluation. A major driver for