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How is digital cash created?

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Digital cash is created through a process called "minting" or "issuance". It involves a central authority, such as a government or a financial institution, creating a digital representation of a specific amount of money. This digital representation is then stored securely in a digital wallet or account, ready to be used for online transactions or payments. The amount of digital cash created is typically based on the value of traditional currency held in reserve by the issuing authority.

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