Post
Topic
Board Economics
Re: Electronic Money vs. Physical Money
by
saqibmunir
on 04/03/2018, 06:21:25 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

For me It's best to invest or have electronic money because it is convenient, when you have physical money it might get lost or stolen but in electronic money is hard to be hacked or steal by someone. Investing it to Bitcoin is a wise decision also because by having your money saved you get to have profit and income it is safe also.
Yeah exactly it has a lot of difference bitcoin is a decentralized currency which is not stable because its depending on the demand while physical money is a centralized because it came from the banks and the government can supplies how many money should be produce for the year. while btc the miners are the one who produced bitcoin for us.