If you are a technology reader, you know about the new type of currency that has been created. You may have read about Bitcoin for instance. If you have not gone into the details, you may be asking yourself questions about the benefits of this digital currency. If you have no idea about it, you should read this article. Since digital money is used on the Net, no borders are involved. Typically, you have to pay fees should you want to send money abroad, which excludes the costs for currency conversion.