Electronic Money vs. Physical Money

[A.Chanaka Bandara]

Electronic money is better than Physical money.
Electronic money is easy to control,speed and safty than Physical money.

[JTASSOCIATES]

Technology is having a main role and the convenience is the second thing added for the Electronic Money. Electronic money is depend upon the internet connection where physical money in not depend upon anything except the safety and the inconvenience of carrying it physically. Where electronic money is safe and convenient and protected digitally with password. Users of digital money  is increasing and this is only the future of the world to handle the day to day payments.

[BlueStackz]

We all start to use digital money starting from debit-credit cards. This was the game changer in economics.
Peole love to use debit-credit cards. When POS system distrubuted for bitcoin and altcoins then we will see that bitcoin will defeat other digital money systems.

With the beginning of modern era people started to use digital currency. Like you say people use debit cards which is also an example of digital currency. The use of digital currency is more beneficial and time saving and had replaced many of uses of paper money.

Even in daily life people use to buy things with their ATM cards but if we compare the digital and ordinary currency than paper money also have some uses that can't be replaced by digital money

[ivanst776]

In the end, the electric money will be broken into the original money, as needed. Because not all shopping or transactions use electric money.

As a result of breaking our digital money into paper money, we’ll be getting much more money. As far as electronic money and physical money is concerned, both of them are entirely different concepts and there is nothing common in between them.

Electronic money is actually the future and people are showing great interest in investing in digital money. Physical money is losing its importance.

[Japinat]

In the end, the electric money will be broken into the original money, as needed. Because not all shopping or transactions use electric money.

As a result of breaking our digital money into paper money, we’ll be getting much more money. As far as electronic money and physical money is concerned, both of them are entirely different concepts and there is nothing common in between them.

Electronic money is actually the future and people are showing great interest in investing in digital money. Physical money is losing its importance.

Both are important paper money and digital money gives benefits to the people, there are people who cannot use digital money but they can still do their usual thing because they have the paper money that has the same value and it's very simple to use. Even if the world will evolve and we will go into digital money, I think paper money will still be in circulation to serve the majority of people. Let's also consider those people who are living in a less develop countries, they are the ones that would not adopt with digital money as long as paper money continues to exist.

[Granxis]

In the past everyone had a mail box, and when e-mails appeared, people said, "What do you need?" In the same way, physical money is very useless, so it will get out of use soon.

[Digital_Lord]

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. 

The difference between digital money and fiat money is very simple. Aside from using different technologies electronic money is a digital asset whilefiat money is a physical asset. Digital money such as cryptocurrencies are decentralized while fiat money is a centralized form of  asset. Digital money is only used online and or with the use of an electronic device for transactions like computers and mobile phones. Fiat money is the one that we are using in our daily lives used to buy and sell goods and we can touch it physically. Both assets has different purpose of existence and technology. For me having both assets is a good idea for us to survive and have a better future in this world.

Yes there is a lot of difference in these two types of money and physical money is only confined to the specific region but digital one is not and it give room to investor to use it anywhere in the world and on top of it crypto prices varies from time to time and this is the best thing that you invested small amount and your coin is becoming more valuable day by day and that’s the best thing of crypto so use digital one.

[Jovl]

We all start to use digital money starting from debit-credit cards. This was the game changer in economics.
Peole love to use debit-credit cards. When POS system distrubuted for bitcoin and altcoins then we will see that bitcoin will defeat other digital money systems.

Bitcoin is a electronic money or digital cryptocurrency created to use in online purchasing,trading,investing even in gambling.It is very safe to bring and use even it has a huge amount that the only person who has access on it security can use it or transact with it.Physical money or the fiat is convenient to use directly in buying things,but it is also dangerous ir threatening for some dubious people from steeling especially when the fiat has big amount.

[Domenc]

  I think it will be more wise to call it "digital money/currency " instead of electronic money .
Both digital money and physical money are different in many ways . Physical money is the fiat currency of a particular country and is limited to that country only whereas digital money is the currency of internet and there is no such geographical differences . Fiat money associates with centralized banks i.e it is totally centralized and digital money or cryptocurrency such as bitcoin has no regulations of centralized banks i.e it is totally decentralized and no taxes are imposed on it.

[sheilasekarbumi]

In the past everyone had a mail box, and when e-mails appeared, people said, "What do you need?" In the same way, physical money is very useless, so it will get out of use soon.

But physical money is the basic thing to do the normal transaction daily. So want or not you have to accept that how convenient physical money giving us. You want to buy a coke with credit card or sending Bitcoin transaction ?

[Ranly123]

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. 

The difference between cryptocurrency and fiat currency is that cryptocurrency is all about digital that nobody can rob it from you except when you lost your digital wallet while fiat currency is all cash that you bring with you in your pocket. This is why this two currency should coordinat with each other like you invest in cryptocurrency and when you got your profit take it through cash and then transact through cash. Though this two are both currency they share the same meaning and purpose and that is to save and to invest them in a good way.

[yurekaa]

one of other money have shape, and the other have it.
bitcoin can be sold, and it have high value. you can top up bitcoin to if you want.
regular money can be earn with sell your bitcoin, but you cant sell your regular into bitcoin. bitcoin price will always above of regular

[ghost07]

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. 

The difference between electronic money and physical money is electronic money can only use when you have internet or online mode. But in physical you can use it offline and online.

[shesheboy]

In the end, the electric money will be broken into the original money, as needed. Because not all shopping or transactions use electric money.

no, i think electric money wont be broken infact most people these days are using it online and offline like in malls and restaurants there now using credit cards to use in their transactions and we were soon be living on a cashless society were cyptocurrencies are going to be the mainstream of our payment medium to use both online and offline.  although i belive that cryptocoins will be physically made like pennes and dollars soon to be able to fully use it by the average people.

[Semaj123]

Technology is having a main role and the convenience is the second thing added for the Electronic Money. Electronic money is depend upon the internet connection where physical money in not depend upon anything except the safety and the inconvenience of carrying it physically. Where electronic money is safe and convenient and protected digitally with password. Users of digital money  is increasing and this is only the future of the world to handle the day to day payments.

Still electronic money has also the risk of getting hacked and there's no way to recover you money.Physical money is still will be useful because it has real value compared to electronic.Technology now is becoming very popular but still dont forget where we came from and how we use real money in our daily lives.Electronic money is still needs a lot of research if this will be possible.

[resty]

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. 

The Difference between the physical money or fiat money and Electronic money is a big different in terms of quick transaction and no hassle,  starting in the new millennium year 2000 there are so many ATM machine throughout the world, using electronic system  cash in and cash out is a fastest way to make  transaction without no hassle and no  big amount in your wallet or bag except a small card which is ATM card. or cashless using bitcoin system it is so comfortable I think for all people because of no third party handling. But as of now this is not applicable or available to all people because not all country has an internet site. I think those country not so progressive they are trying to build up their own strategy to make their country become progressive until they can use this kind of new GENERATION BITCOIN SYSTEM PROCESS.   

[shezu007]

according to my opinon now world is developing very fast and people have very less time because people became very busy so i will prefer electronic money as compare to physical money because electronic money system is very fast and secure and easily transferable to any country.

[pelipurlara]

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. 

bitcoin and physical money are actually no different, all can be used as a transaction tool, but bitcoin as digital money has more privileges, bitcoin can be used as one of promising investment, and is equipped with a good security system

[rausvi15]

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. 

bitcoin and physical money are actually no different, all can be used as a transaction tool, but bitcoin as digital money has more privileges, bitcoin can be used as one of promising investment, and is equipped with a good security system

You can say that in usage and working bitcoin and physical money have no difference but when it comes to benefits and liquidity bitcoin is so far away in technology then physical money because bitcoin have ability to transact without involvement of third party and transaction is end to end is secured, and the price increasing ability of bitcoin is much worth then any currency.

[Glorious04]

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. 

I never knew too. Not until my eyes were opened to the world of digital currencies. In terms if daily expenses, we all know that nkt everywhere bitcoin and other crypto are accepted specially in retail stores though there countries that really but 8 hope in the near future this idea of accepting bitcoin and altcoins as payment will be considered in those countries that are not yet accepting it.