Post
Topic
Board Economics
Re: Electronic Money vs. Physical Money
by
davinchi
on 25/11/2017, 10:58:21 UTC
For now many people will always choose physical money because, this is tangible unlike the electronic money and many people knows that they can use the physical everywhere and physical money is knows by everyone in this world unlike the electronic money, that is not really famous right now.
Now a day’s people doing online jobs we all know that, that’s why here we will give importance to electronic currency over physical currency, but physical currency have its own importance and value. I think there is no difference between them because both are money and useful in their own ways.
Physical money more simple in usage then electronic and it also requires internet to use them, and for simple transactions like buying in a store i would be faster to use physical money for online payments will be better electronic.
Well, electronic money is better than physical money in the term of payment. An example is the Greece government which choose to switch to electronic money in a couple of years.  Perhaps, if you're from a class country which internet is number 1 priority you will know what I mean.
Oh nice, some people will comment any sh** that comes to their mind without reasoning. You can’t be comparing both of them. It’s just like when someone is asking whether their hand is more important than their leg, and you know that both of them are very important, cause you need both your hands and legs. So I say there is no need to compare both, we just take it that we need both of them, just like the body needs the mind.