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Physical currency or crypto currency, which one will be better for our economy?

Year: 2024

Type: article

Abstract: As the world transitions towards a cashless society, there is a growing debate on whether physical currency or cryptocurrency is better for the economy.While physical currency has been the traditional medium of exchange, cryptocurrencies are gaining popularity due to their decentralized nature and potential for lower transaction costs.This paper examines the pros and cons of each option, including factors such as security, ease of use, and potential for financial inclusion.Ultimately, the question of which one is better for the economy depends on a range of factors, including the specific needs and circumstances of each country.

Source: BRAC University Institutional Repository (BRAC University)

Authors: Rohan, Raian Kibria, Raisa, Zeba

Institution: BRAC University

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

Open Access status: green

OpenAlex ID: W7014450240

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