Re: Electronic Money vs. Physical Money

Quote from: Jdavid05 on March 12, 2018, 12:12:43 PM

Quote from: Shendy23 on October 21, 2017, 04:06:22 PM

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

Physical Money because you can use it on malls ob restaurant because not all restaurants accepts cryptocurrency payments and if you are using Physical Money you can buy what you see not like electronics money.

Electronic money is not just cryptocurrency, but there are many types of electronic money like internet banking, credit cards, debit cards and so forth, electronic money is more likely to be interpreted as money that has no physical shape and usually use the internet system to operate it and it's much simpler and more flexible than using physical money