Electronic Money vs. Physical Money

[hacekd]

According to me  electronic money and physical money have the same the role of important enough, in today’s electronic money able to facilitate anything but the physical shouldn’t have to change by the electronic all her because of the physical for some people still be a payment practical to buy something like at a traditional market.

[batang_bitcoin]

Describing the difference of electronic money to physical money is very easy. Electronic money has been existing since PayPal has been created, that's already considered as electronic money. There are a lot of people that still doesn't know about bitcoin but yet it's getting on the mainstream media now and it's a good exposure to bitcoin. One day everyone will be into electronic money as this is the future.

[galvan jean]

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 is just a digital currency and it is completely different from cash, it's not material, it's pure virtual money so no one can tamper with it or eat.

[bakunawaaa]

Like I said in the other post, real money such as USD or fiat money, the banks accepting these currencies most of them now has online features. Which means you are able to spend that money electronically. So the only difference now being crypto currency is decentralized and relies on a different system of checks and balances. So in terms of convenience, they have their uses, btc right now remains available only to a few individuals, but this is an ever growing population of users of course.

[cherrymobile]

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. 

Electronic is the win for me . becauase electonic or digital you can use this anytime just need a wallet and securitybank while physical money if you handle this and it is easy to gone than digital is  much safe than physical money.

[West0813]

Digital currency cannot use offline this is the biggest disadvantage of a digital currency. Before you can use digital currency you need to convert it to fiat. But physical money can be use anytime anywhere. 

[DSAS]

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. 

Now is very relevant topic about electronic money & physical money. I think that the physical currency will remain relevant for a long time, although many are gradually moving to electronics

[spooneds1]

Both are different but i prefer physical money because you can use it anytime but also has a risk, it could snatch by a thief, electronic money also has a risk it can also snatch by a hacker

[Japinat]

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. 

Now is very relevant topic about electronic money & physical money. I think that the physical currency will remain relevant for a long time, although many are gradually moving to electronics

That's the right term, we are moving gradually because the transition will surely take a long period of time as people cannot easily adopt with the Electonic money, they still trust more what they can see and touch. What we are seeing now is a new revolutionary currency and that is bitcoin or the crypto currency as a whole, they will become a big part of the our daily transaction as people love the idea of being decentralized which is more transparent.

[kingvirtus09]

Electronic money is much better than Physical money in the future, but fiat money is most accessible right now. if other countries will adopt bitcoin right away then it will be more efficient and accessible to all payments, buy and sell online is the fastest way of transaction..

[yusupjatigumilar]

The purpose of electronic money is to reduce the country budget in producing the money, if electronic money is applied then the state will be able to save the budget, and the budget can be used for other infrastructure development. but physical money will still be needed in transactions manually.

[BarbieCasino]

Electronic money will be increasingly introduced into our lives. But cash will never disappear.

as cash will be protected by the Government in every State. how may cash will disappear and it will not happen.
it took hundreds of years to change the world currency into one recognized currency.
in time bitcoin will become the world currency, sometime.

It will take the time for sure but w cannot say that it is not possible because a lot of the people are now believing in the electronics money and they are using the bitcoin now and this is the reason why the demand of the electronics is now higher than the currency because with this all the people are able to pay for all the things even with just a click and they stay at home and they can pay the bills while the bitcoin is increasing now.

[sariz12]

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. 

s not that bitcoin is electronic and fiat is physical, in fact most of our money today in fiat isnt made of paper, its all digital and stored as numbers; i believe the actual number was over 90% iirc (as digital). fact is, bitcoin is inherently different from fiat money; cryptography, decentralization, and the inherent need for cybersecurity to name a few. in addition, bitcoin is not backed by anything; the united states treasury was backed by gold at one point (though not anymore), but bitcoin, as an inherently digital asset, cannot be deemed to be worth anything of equal value in the real world except Electronic its value relative to a currency is determined to be.. But for me ,base on my own idea, Electronic is the win .. Becauase electonic or digital you can use this anytime just need a wallet and securitybank while physical money if you handle this and it is easy to gone than digital is  much safe than physical money.

[bettor_earth]

It is all up to moral of each person. Both physical or electronic money is the same.
The World would be much better place if there is a moral system side-by-side with the money system.
If you interested to know the future then you should visit https://angelteam.wordpress.com

Regard,

[rynah011991]

People are earning and spending money without ever touching it. In a small percentage of the world’s currency exists as physical cash. The rest exists only on a computer hard drive, in electronic bank accounts around the world.”

[Asmus003]

Cryptocurrency cannot change a fiat. Why? Because we have many old people, many of them live far far away from "civilization".

[thedarksun]

Electronic is the future cause world is just fast developing machine that will give oportunity to people to use it for global scale in the future.

[Nevis]

Electronic money doesnt rotate on just bitcoins or cryptocurrencies,be mindful that us dollars and other currency can now be use in an online wallet which works same as cryptocurrencies.But comparing electronic currency and physical money i would rather have electronic money because its more convinient

[Clavulanic]

I think everyone will post in favour of electronic money because you need to carry the real money with you everywhere but electronic money can be carried in just maximum 1card or may be virtually also. So its better then carrying cash with you.

Physical money can be dangerous for your safety if you carry it together with, and the impressions regarding electronic money is somewhat like of digital currency. The transactions can be done using online payments transaction, and is secured and convenient type of using the transfers like banking or whatsoever related to money.

[modous]

Electronic money doesnt rotate on just bitcoins or cryptocurrencies,be mindful that us dollars and other currency can now be use in an online wallet which works same as cryptocurrencies.But comparing electronic currency and physical money i would rather have electronic money because its more convinient

I agree, by using electronic money like creditcards is much better because you can't lose your money because it is all online and if you lose your wallet you just get yourself a new card and that is it. No one can steal your money but with physical money someone can buy things with it.