March 18, 2015 | by Anderson Accountants
Everything on the planet is governed by the laws of evolution. I am not referring to Darwinism, but a form of evolution in which human ingenuity and self-determination guarantee the forward progress of aspects of modern society. From taming horse-power came the eventual taming of gasoline-power. Today we bear witness to a new evolution, that of the money nestled in your wallet and your bank account.Virtual currency refers to the digital representation of value that functions as a medium of exchange/a unit of account. The most common form of virtual currency, or cryptocurrency, that you've probably heard of is the BitCoin.