Post
Topic
Board Economics
Re: Electronic Money vs. Physical Money
by
stayeduptolate
on 04/03/2018, 05:51:13 UTC
Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.  Wink Smiley
I think both physical money and crypto have their own seperate advantages and neither of them can replace each other. Physical money is accepted everywhere and the government of the country support and regulate it. On the other hand, Bitcoin and altcoins are one the world's fastest growing investments and have tremendous potential to grow in future. Crypto yet has to travel a long tough road is it wants to replace fiat money.