Post
Topic
Board Economics
Re: Do cash control spending more than digital or crypto currency?
by
eaLiTy
on 14/08/2022, 19:59:05 UTC
~
It is believed that cash helps people budget, as using it means you literally can count the pennies. Paying with a card or crypto currency make spending easy and convenient that sometimes one tends to overspend. Sometimes one might not even know the balance of his account but with cash you are always aware of how much you have.
If you are a shopaholic and you have your credit card you would purchase things that fancies you with all the advertisement you see when you scroll a page but crypto spending is not that popular globally, we do that just to show off in a public space but i use them to purchase whenever i want privacy online and the best part is cash is the best option when you want complete privacy as there is no record of the transaction unlike card or cryptocurrencies  Wink.