""Most people's entire financial life exists as numbers on screens controlled by institutions they have no relationship with. When someone holds a gold or silver coin for the first time, something shifts.""
""The brain processes physical and abstract information in fundamentally different ways. Concrete concepts activate brain networks that help construct mental models of the world.""
Many Americans experience anxiety regarding their financial security, even with positive bank balances. This anxiety stems from a psychological disconnect between digital money and tangible assets. Experts suggest that the brain processes physical and abstract information differently, with tangible objects feeling more 'real' than numbers on a screen. Stefan Gleason, CEO of Money Metals Exchange, notes that as the financial system becomes more abstract, individuals increasingly feel they do not truly own their savings, leading to a sense of disconnection from their financial resources.
Read at Psychology Today
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