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Digital Cash - College Paper

Digital Cash

Digital cash seems like it has its advantages as well as disadvantages. It definitely provides convenience to the banker and to the user. Not only does it increase the speed of the transactions in financial organizations, the user does not have to actually go to the bank to transact any business. Therefore, the manual labor like the cashier, security, and bank staff is reduced. Another advantage of using digital cash is the online shopping. Who doesn’t want to sit at home and order anything you need from the internet and have it delivered to your front door? All the transactions are recorded in a database, so one does not have to keep wondering where all the money was spent and for what ...

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supply according to its monetary policy. One way or another I think it would be better to use to digital cash. I kind of like ...

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Digital Cash. (2011, March 27). Retrieved April 28, 2024, from http://www.essayworld.com/essays/Digital-Cash/96879

"Digital Cash." Essayworld.com. Essayworld.com, 27 Mar. 2011. Web. 28 Apr. 2024. <http://www.essayworld.com/essays/Digital-Cash/96879>

"Digital Cash." Essayworld.com. March 27, 2011. Accessed April 28, 2024. http://www.essayworld.com/essays/Digital-Cash/96879.

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PAPER DETAILS

Added: 3/27/2011 01:01:43 PM
Submitted By: nwise
Category: Technology
Type: Premium Paper
Words: 236
Pages: 1

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