Which is Better Paper or Electronic Currency?
transactions simpler and also makes it harder for totalitarian governments to keep track of what you are spending money on. At the same time there are others who feel that electronic money is far simpler to use: one need not worry about always have cash in one’s pocket—a simple credit card or bank card will do the trick. One can also earn “points” or “cash back” by using a credit card, so there is that incentive as well. So there are good reasons on both sides, and I do not think we will see a dramatic drop in… Continue Reading...
