The internet has given us digital payment methods like PayPal and Venmo that are becoming more and more popular. Even though these methods are paperless and intangible, they are directly tied to traditional banking systems and are viewed as a safe and reliable way to send money electronically.
Alternatively, the internet has also led to the creation of payment methods like Bitcoin. They're not tied to traditional banking systems and have not been embraced by the general population. So what's the deal?