How does the alternate form of currency you chose work as an alternative to traditional cash? What are its advantages? Does it have any disadvantages and/or risks?Like most people, I utilize direct deposit. Without any effort on my part aside from the initial set up, I have money deposited into 3 separate accounts weekly. It is extremely convenient and also makes the funds available much sooner than depositing a check and waiting for it to clear. I love the ease and accessibility that online banking provides; especially with the mobile check deposit feature. Unless I need to do something specific that can't be done online, I pretty much manage to avoid going to the bank. I used to pay for everything with my debit card, but then I realized I was missing out on all of the wonderful rewards points so now everything possible goes on my credit card (and then paid off immediately to avoid finance charges)