Electronic Money vs. Physical Money

[websoftwareengineer]

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. 

Both currency has pro's and con's depending on where you are planning to use it. The price of bitcoins is very good for long term investment today because the market is volatile and that is the reason why there are a lot of people who prefers trading in the market more than working in the corporate world.

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[Coffee_Lover]

Many are still confused, not knowledgeable even, about bitcoin. I too is still learning about BTC and cryptocurrencies. I think, people need to embrace BTC before they will truly understand the difference between the electronic money from the physical money that we've been using ever since.

[ShineftChaos]

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 money and Physical money have pros and cons. Electronic money is a big help to transfer or send funds to your loved ones or to buy online whether is it goods, gadgets or food. But in our daily lives we still need to hold physical money for transportation and other immediate needs because not all the time they are civilized and modern as you.

[ninio]

In my opinion the difference between physical to E-money is in physical money you are sure that it will never pop and blows like a bubble and it will never dump its price unlike E-money and the good one about the E-money is you can pay bills send money easily like sending text massages and E-money is new platform of investment one of that is Bitcoin a very well known E-money or also called as crypto currency.

[jpoker272727]

Electronic Money definitely is the future currency, I foresee some countries will start implementing electronic money with base of bitcoin in next 10 years.

Cryptocurrency is actually the best currency for those who understand its usefulness, how to use it and those who have the information about it.

However, we have to understand that not everybody will have this knowledge, and while some will even have an idea of the electronic money, they will not be comfortable or will even find it hard in adapting to its usage. The two will still always keep serving their purpose.

[Razick]

Electronic money is no doubt the best. With the way the world is going and technology is advancing there is no doubt that soon there will be no use for paper money as everything will be done electronically then. For now there are still a lot of people who do not understand it or how it works which is what is holding back the growth of cryptocurrencies but in time, more and more people will become  a part of it.

[Edsemen]

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.

Actually sending money across the globe seems to be used by electronic exchange, though it it is money but it runs through electronic so in that case i would be prefer to use electronic exchange than fiat can't do without electronic machines.

[thetruth123123]

Not sure, that I understand correctly, do you mean to invest, or to use? If usage, crypto money is not developed still enough to use it in common life.

[Kodok Bencot]

It must be acknowledged that the development of electric money continues to increase so as to make physical money continues to decrease, this certainly makes predictions that estimate physical money immediately disappear.

[Bobocantik]

There are many people who are interested in electronic money right now as the crypto industry grows as more and more people know and invest in cryto. This makes the paper money more and lose its value and can turn take in the future.