This post is originally published in Blockchain.News.
Payment systems have evolved from the barter system to cryptocurrencies. Today countries including Japan and Germany have high cash flow. But physical money is moving into oblivion in countries like Sweden. Meanwhile, advances in technology and evangelists outside the tech-savvy world have led to a wider interest in digital peer-to-peer payment systems.
Still, will having a payment mechanism in the form of digital money bolster the economy?