Virtual currencies are common forms of financial activity. A quarter into the 21st century, the average individual has become aware of (and often comfortable using) things like Apple Pay, digital wallets, and cryptocurrency. The influx of these new forms of payment begs the question: how are these new virtual currencies impacting the established, fiat-driven finance system? Here are some of the most important ways digital currencies are shaking up traditional finance. What Is Virtual Currency?Before diving into the details, let’s answer an important question: what is digital currency? The answ…