Bitcoin Forum
October 23, 2018, 04:32:50 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 [46] 47 »
  Print  
Author Topic: Electronic Money vs. Physical Money  (Read 9038 times)
tittensor
Sr. Member
****
Offline Offline

Activity: 445
Merit: 250


View Profile
April 02, 2018, 04:07:04 AM
 #901

In the first place bitcoin was created to minimize the disadvantage of a physical currency. Physical things are so expensive to maintain. From printing to transporting there is so much expenses you have to consider. While electronic cash can be instant, cheaper to maintain and not easily counterfeited.
Although cryptocurrency (or as this thread called Electronic money) can not fake by anyone, but you have to remember, the fees to keep this system running is not small as you said. How many money the mining farm must pay for electric bill and maintenance device? Without blockchain and decentralized system, that currency can fake by others.
1540269170
Hero Member
*
Offline Offline

Posts: 1540269170

View Profile Personal Message (Offline)

Ignore
1540269170
Reply with quote  #2

1540269170
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1540269170
Hero Member
*
Offline Offline

Posts: 1540269170

View Profile Personal Message (Offline)

Ignore
1540269170
Reply with quote  #2

1540269170
Report to moderator
1540269170
Hero Member
*
Offline Offline

Posts: 1540269170

View Profile Personal Message (Offline)

Ignore
1540269170
Reply with quote  #2

1540269170
Report to moderator
1540269170
Hero Member
*
Offline Offline

Posts: 1540269170

View Profile Personal Message (Offline)

Ignore
1540269170
Reply with quote  #2

1540269170
Report to moderator
ivanst776
Legendary
*
Offline Offline

Activity: 1470
Merit: 1003



View Profile
April 05, 2018, 08:12:57 PM
 #902

everything is simple, they are financial money, and they can be touched, and electronic money (crypto currency) only in the computer

cryptocurrency is just only in the computer but it is worth more than FIAT, right?
FIAT money is all over the country, each country of the world.
but cryptocurrency is the currency of so many people all around the world.
saving FIAT will not make you earn more than crypto can. and CRYPTO can be touch through encashing it.
what you will choose? a thousand USD or a single BITCOIN?


````````````````█████`█`███`██`██
```````````██`█``████████████████`█`██
````````███`███████``███`███``███████`███
``````█████████``██```````````███`██████`██
````██``███``██````````````````````█``████`██
```██`███`██`````````````````````````██`███`██
``██`██████````````````````````````````█████`██
`██`███``█`````````````````````````````██``██`██
`██`█████```````````````````````````````█████`██
`██`██`█````````````````````````````````██`███`██
`██`█████````````██`````██``````````````█████`██
`██`███``█```````██````███````██```````██``██`██
``██`██████````█████`███████``███``````█████`██
```██`███`██``███████``██████`████````██``██`██
````██–`███``███`██``███████``██████``████`██
``````██`██████``████████████████`██████`██
````````███`███████``███`███``███████``██
```````````██```█████████████████```██
```````````````███████``███`██`██
ADAB
Solutions

█▀▀▀▀▀▀█
█ █▀▀▀ █
█ ▄▄▄█ █
█      █
█ █▀▀▀ █
█ ▄▄▄█ █
█      █
█ █▀▀▀ █
█ ▄▄▄█ █
█▄▄▄▄▄▄█

█▀▀▀▀▀▀█
█ █▀▀▀ █
█ ▄▄▄█ █
█      █
█ █▀▀▀ █
█ ▄▄▄█ █
█      █
█ █▀▀▀ █
█ ▄▄▄█ █
█▄▄▄▄▄▄█
● Facebook
●Twitter    
●Telegram   
Heroonnone
Newbie
*
Offline Offline

Activity: 224
Merit: 0


View Profile
April 05, 2018, 08:44:50 PM
 #903

Cash is very easy to use. But I will select some bitcoins because this coin has a good future, and this technology can change the entire economy. I believe in this coin.
Clyvizcarra
Newbie
*
Offline Offline

Activity: 60
Merit: 0


View Profile WWW
April 05, 2018, 08:49:20 PM
 #904

For me electronic money is a alternative solution to have a physical money. Physical money is much more valuable than electronic money, because electronic money can be disappear anytime, but physical money don’t.
ucok_aball
Full Member
***
Offline Offline

Activity: 462
Merit: 107



View Profile
April 05, 2018, 09:10:10 PM
 #905

electronic money is now very easy for everyone because it is not necessary to carry money that has a burden if the amount is not much like electronic money is not shaped but also has value so that makes it easier for everyone of course

Dark Sky
Member
**
Offline Offline

Activity: 336
Merit: 10


View Profile
April 05, 2018, 09:23:29 PM
 #906

electronic money is now very easy for everyone because it is not necessary to carry money that has a burden if the amount is not much like electronic money is not shaped but also has value so that makes it easier for everyone of course
Electronic money is online or digital money as like bitcoin and its use for those people who work in online job and shopping but physical money is paper money and its use with hand by hand as like physical work or business and shopping, so both are very important because use in everywhere but bitcoin is very good because its high price is very important and that's why it cannot stole by thief, so you can get best profit and you can also use it everywhere in worldwide, so it has many more benefits than real money or physical money.

kateycoin
Full Member
***
Offline Offline

Activity: 462
Merit: 100



View Profile
April 05, 2018, 09:28:12 PM
 #907

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
Bitcoin is a peer to peer currency it means we don't need a paper money in bitcoin you just need a wallet to put your bitcoin. In bitcoin is much easy to pay some things we need because some store are accepting bitcoin as payment even we don't halve paper money in our pocket there's a bitcoin to help. Physical money is that we use already that is our country currency we use it buy things too but not easy to earn the physical money.

AGATE  ▄▄▄▄▄▄ Facebook Telegram Twitter Medium   ▄▄▄▄▄▄   AGATE
█ █ █ █ █ █ █ █    PayPal of Cryptocurrencies     █ █ █ █ █ █ █ █
████  Blockchain Protocol + 12 Working Modules - Use Crypto as Cash  ████
emrecemsan
Full Member
***
Offline Offline

Activity: 266
Merit: 100


ARIZN - Tokenised Crowdfunding Platform


View Profile
April 05, 2018, 09:31:17 PM
 #908

electronic money ?? what does it mean? this is a crypto money.  electronic money mean is virtual. crypto money is a real money.

______________▂   arizn  ▂______________       ┏━━━━━━━━━━━━━┓
                             A TOKENISED CROWD FUNDING PLATFORM                                     ◄ ICO: 30% BONUS  ►
Facebook Twitter Youtube Instagram Website Wallet Telegram Whitepaper     ┗━━━━━━━━━━━━━┛
nur rochid
Full Member
***
Offline Offline

Activity: 434
Merit: 100


“Tackling Climate Change Using Blockchain”


View Profile
April 09, 2018, 03:54:25 PM
 #909

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
Bitcoin is a peer to peer currency it means we don't need a paper money in bitcoin you just need a wallet to put your bitcoin. In bitcoin is much easy to pay some things we need because some store are accepting bitcoin as payment even we don't halve paper money in our pocket there's a bitcoin to help. Physical money is that we use already that is our country currency we use it buy things too but not easy to earn the physical money.
in my current state that applies also only fiat currency, where cryptocurrency is prohibited for transaction. but it is permitted to earn btc and in the end must be exchanged to fiat if to buy something

Redspallow90
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
April 09, 2018, 04:36:40 PM
 #910

although it has a very different difference
both have the same utility, it's just how to use it differently
from each difference if we want to shop online electronic money is definitely better to use
and if you want to spend real money on the market for example, the money we use normally will be better to use
both have their respective advantages and also their respective risks
it all depends on your will as a user Grin Grin
jatin729
Full Member
***
Offline Offline

Activity: 448
Merit: 108


Decentralized Digital Billboards


View Profile
April 09, 2018, 05:55:50 PM
 #911

If i have to choose From these two then i would go for electronic money.reason is only that we all know, now a days world is changing towards internet and everything goes online. People do not want to carry cash with themselves, they rather prefer Credit card, debit card or E- Wallets. I think paper will be disappeared.

GreatBug
Sr. Member
****
Offline Offline

Activity: 529
Merit: 251



View Profile
April 09, 2018, 06:01:40 PM
 #912

Electronic money for me is the future cause technology will be developing and having some money in pocket will be first of all not safe and second for example slower to buy something than just via internet.

                  ▄▀▀▄▄▄▄▄▄     ▄▄▄
                  ▀▄▄█     ▀▀▀▀█   █
                   █  ▀▄▀▀▀▀▄▄▀▀▄▄▄▀
                  █   █      █   █
                 █    ▀▄    ▄▀    █
                █     ▄▀▀▀▀▀▀▄     █
               █    ▄▀        ▀▄    █
              █   ▄▀            ▀▄   █
█   ▄▀    ▄▀▀▀▀▀▄▀   █▄     █  █  ▀▄▄▀▀▀▀▀▄    ▄▀▀▀▄
█ ▄▀    ▄▀       ▀▄  █ █    █  █  ▄▀       ▀▄  ▀▄
██      █         █  █  ▀▄  █  █  █         █    ▀▄
█ ▀▄    ▀▄       ▄▀  █    █ █  █  ▀▄       ▄▀      █
█   ▀▄    ▀▄▄▄▄▄▀    █     ▀█  █    ▀▄▄▄▄▄▀   ▀▄▄▄▄▀
THE WORLD'S MOST SECURE
CASH
& CRYPTO PLATFORM
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
█████████████████████████████████
█████████████████████████████████
█████████████       █████████████
█████████████       █████████████
█████████████       █████████████
███████                   ███████
███████                   ███████
███████                   ███████
█████████████       █████████████
█████████████       █████████████
█████████████       █████████████
█████████████████████████████████
█████████████████████████████████
SWISS
MADE
cluit
Legendary
*
Offline Offline

Activity: 1092
Merit: 1004


OneHash.com - Leading Mutual Betting & Casino


View Profile
April 10, 2018, 11:30:52 AM
 #913

E-money can compare to credit cards. That is not tangible but it has value. It just like transactions are being done through internet. So the difference is that we cannot touch e-money because it is intangible. But the buying power will be the same as physical money.
I think having physical money is more better because we can able to use physical money everywhere, and all people needs in this world is physical money, and  for me even in the future many people in this world is we will still choose to have and to use physical money over than electronic money.
Electronic money is virtual or cryptocurrency that is using with the help of internet and called as digital currency while physical money is the money you can feel and see that is the old system of making payments but now crypto currency is using due to the easiness it has brought for people.

If I transact through Bitcoin and you transact through bank the same amount then your receiver will get less and my receiver will get more than yours then would you like to transact through Bitcoin in future?

TheClownSong
Sr. Member
****
Offline Offline

Activity: 574
Merit: 250


Tackling Climate Change Using Blockchain


View Profile
April 10, 2018, 11:44:01 AM
 #914

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

The different thing between physical money with bitcoin or cryptocurrency is on who control it. As we know, fiat money controlled by central bank, from supply and value but bitcoin is decentralized currency and no one institution can control and have limited supply


▄████
██▀
██
██
██
██
██▄
▀████


                █▄
               ▐████▄
     ▐▄        ███▌██▌  ▄▄▄
 ▐▄   ▀▌        ▀██ ▀▄█▀▀▀████▄▄
  ▀▌    ▄█▄       ▄▄ ▄▄▄█████████▀
  ▄▄███████▄   ▐█▀  ▀███████▀▀
 ▀██████████▌  █▌      ▀▀▀
   █████▀▀     █
     ▀  ▄█    ▐█
         ▀█▄ ▄█▌
           ▀▀▀

████▄
  ▀██
   ██
   ██
   ██
   ██
  ▄██
████▀



      ▄▄██▌ ▐██▄▄
   ▄██▀▀       ▀▀██▄
  ██▀     ▄████▀  ▀██
 ██      ▄███▀      ██
▐█▌     ███████▀    ▐█▌
▐█▌    ▀▀▀███▀      ▐█▌
 ██      ██▀        ██
  ██▄   █▀        ▄██
   ▀██▄▄       ▄▄██▀
      ▀▀██▌  ██▀▀
ENERGIS TOKEN SALE              REGISTER NOW!

PRIVATE PRE-SALE IS NOW OPEN FOR CONTRIBUTIONS

WHITEPAPER      TELEGRAM      TWITTER      BLOG      REDDIT
bitllionaire
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000



View Profile
April 10, 2018, 11:49:23 PM
 #915

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

The different thing between physical money with bitcoin or cryptocurrency is on who control it. As we know, fiat money controlled by central bank, from supply and value but bitcoin is decentralized currency and no one institution can control and have limited supply
The use of electronic money is now increasing, in fact people now like to do shopping throughout the world and that is only possible if you know the use of online currency, for example using bitcoin you can purchase anything in any online shop who are accepting bitcoin. In fact there are a lot of online shops who are accepting bitcoin for shopping in their store so it is more easy to use bitcoin without changing it into any other currency for shopping there. .

███▄                 ▄███           ▄▄███▀▀█▄▄                   ▄▄█████▄▄           ███▄               ███    ▀██▄             ▄██▀
█████               ▄████       ▄▄████▄█ ██ ████▄▄           ▄▄████▀▀▀▀▀████▄▄       █████              ███      ███           ███
██████             ██████      ▀▀██▄█████▄▄███▄█▀▀▀         ███▀▀         ▀▀███      ███▀██▄            ███       ▀██▄       ▄██▀
███▀███▄         ▄██▀ ███     ███▄▀███▀████████ ████       ███               ███     ███  ███           ███         ███     ███
███  ▀███       ███▀  ███    █████ █████████  █▄▀▀▀▄█     ███                 ███    ███   ▀██▄         ███          ▀██▄ ▄██▀
███    ███▄   ▄███    ███   ▀████▀▄██████▀█████████▀██   ███                   ███   ███     ███        ███            ▀███▀
███     ▀███▄███▀     ███   █▄▄▄▄███  ████████▀███████   ███                   ███   ███      ▀██▄      ███            █████
███       █████       ███   ██▀██████████▀████████████   ███                   ███   ███        ███     ███           ██▀ ▀██
███        ▀█▀        ███    ███████▀████████▀▀▀███▄█     ███                 ███    ███         ▀██▄   ███         ▄██▀   ▀██▄
███                   ███
     █  █▀█████████ ███ ███       ███               ███     ███           ███  ███        ██▀       ▀██
███                   ███
      █████▀▄▄▀█▄██▄▀▀▀▄██         ███▄▄         ▄▄███      ███            ▀██▄███      ▄██▀         ▀██▄
███                   ███
       ▀▀██▄▀▀▄███▀████▀▀           ▀▀████▄▄▄▄▄████▀▀       ███              █████     ███             ███
███                   ███
           ▀▀██████▀▀                   ▀▀█████▀▀           ███               ▀███   ▄██▀               ▀██▄
.
.TRADE, EARN & OWN THE EXCHANGE
.████   WHITEPAPER    FACEBOOK    TWITTER    LINKEDIN    TELEGRAM    CRUNCHBASE   ████
   FREE   TRADING &
ICO LISTING
.SUPERIOR  TO NASDAQ
AND LSE
  US$ 29M  RAISED IN
2 WEEKS
[]
changcloy
Full Member
***
Offline Offline

Activity: 434
Merit: 107


View Profile
April 11, 2018, 12:29:44 AM
 #916

Actually it's totally different,
even though its name was Cryptocurrency,we can not compare it to actual money aka Fiat.
if we want it to be considered as a 'real currency' we should have a physical form.
right now the best word to describe it is 'Electronic Payment' not 'Electronic Money'.
'Electronic payment' was a tool for people to help them send their money across the world,
it's just a tool and will never replace the real 'money' itself.

Definitely the two was so much different to each other,when we say electronic money or much defined as money store  it is used making transactions by the helped of the internet and it won't demand bank account settlement while physical money from the word physical it can be touch and feel it. Mostly cash used by everybody for buying and paying their bills as we all knew that not all people using the digital or electronic money.
doodle07
Member
**
Offline Offline

Activity: 280
Merit: 10


View Profile
April 11, 2018, 12:37:24 AM
 #917

Electronic money demands an internet connection to access it but it is very profitable and has a huge value.
Physical money is the one we are using to transact in everything and does not demand the access of internet but it has a lower value than electronic money, hence no matter what we are using it gives us the WILL to buy everything if we have a lot of money.

GigTricks
WORLD FIRST INTEGRATED FREELANCE & ON-DEMAND ECOSYSTEMS
WHITEPAPER | BOUNTY | ANN THREAD
www.gigtricks.io
Lexurdania
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
April 11, 2018, 12:42:29 AM
 #918

if I think bitcoin is not electronic money, electronic money is called E-money in terms of unnecessary internet network access. This electronic money can be used to transact through telecommunication equipment until in the form of cards.

Electronic money is different with cryptocurrency and thats true. Right now, many digital money but its not cryptocurrency because digital money still controlled by central bank.

bilyboy
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile
April 11, 2018, 12:46:21 AM
 #919

First of all, money is something that can be used to pay for goods or repay debts, and these are physical items. The world has been using money in its physical form, and the electronic system was just a way to fasten up and make things easier, so instead of taking money physically from place to place, you can just pay it into the bank and control it electronically. So, I think we need the two types.
ivandu
Sr. Member
****
Offline Offline

Activity: 532
Merit: 250



View Profile
April 11, 2018, 12:57:45 AM
 #920

digital money or we can mention it digital currency could help to resolve phsycal money tranfer.we know that tranfering psycal money needs more time.and we bring in big amount its to risky.so digital help to resolve this problems.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 [46] 47 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!