Pros
What does peer to peer do quickly.
Send money quickly
Fake rfid scanners or hacked atms.
Scams are easy
When you go to a restaurant with your friend you cant easily...
Split bills
Your trying to pay for a tour guide in the woods but have no
No service
To use it you have do what on your phone
Download it
A way to make money off fast off the app.
Can invest
The apps don't have good security.
Get hacked
When you need to give money to some one virtually.
When paying someone
Your trying to set up a account but you don't have a
Credit or Debt
When you earn money
Receive money
Your trying to buy lemonade at the state fair but they only aspect paper money.
Not always compatible
You have blank money on your phone
Digital.
When your go to pay for some bet they dont accept digital money and you have no
When you don't have paper money on hand.
Don't carry money
You have need something to setup the account and recessive, spend money.
Need a credit/ Debt card