Post
Topic
Board Economics
Re: Electronic Money vs. Physical Money
by
Lecam
on 04/03/2018, 17:15:50 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


Cryptocurrency is too way different from fiat. Digital money requires internet for we can't have or access it without it. It is more convenient to use and is faster to use in some transactions like paying bills online. It is actually safer than bank because it is decentralized and more secure than fiat that we entrust in banks. Banks are actually to risky and unsafe for us these days.