I don't know if perhaps i'm overthinking this, but considering the evolution of money from the beginning of time where different things have served as a medium of exchange and now currently banknotes.
On same trend, we are slowly witnessing the evolution of money to crypto and i can't help but wonder if crypto is the final stage or there may perhaps be another revolutionary idea to replace crypto as money after crypto has been accepted.
What do you think?
20 years ago nobody would believe there will be something called digital currency (cryptocurrency) that will be threatening the very existence of fiat, same thing happened years back before the advent of fiat, most of the medium of exchange back then where slowly replaced with fiat. Now with the technological advancement of this generation it is very likely something more advanced will be created, the world is evolving very fast, new inventions every now and then, so it is possible something new will replace crypto in the future. I agree with you. Little time has passed since we started using bank cards, but now we can’t imagine life without them. The world is developing rapidly and old payment systems are being replaced by new ones. Making predictions is very difficult. People can come up with any payment options and we cannot know whether there will be commodity-money relations. |
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The government hoped that tourism revenue would replenish the country's treasury, but because of the virus, the flow of tourists ended and the country lost profits. During the years of the civil war on the territory of this country, the government tried to regulate the economy, but apparently payments on external debt became too much of a burden for the country. Of course, covid was a big blow!
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US inflation soared 7.9% in past year, a fresh 40-year highPropelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.
The increase reported Thursday by the Labor Department reflected the 12 months ending in February and didn’t include the oil and gas price surges that followed Russia’s invasion of Ukraine on Feb. 24. Since then, average gas prices nationally have jumped about 62 cents a gallon to $4.32, according to AAA. Looks like the inflation will be even higher than this when the next quarter's numbers arrive. Probably double digits. I've also read that the FED might not now raise the rates because of the conflict in Ukraine with Russia. I guess hyperinflation is near. edit: fixed a big typo. "...FED might not now raise..." Sorry about that.  We see the beginning of a difficult time for the USA. If today's commodity crisis continues, it will threaten not only economic shocks, but also social unrest of the people and political instability. Unfortunately it doesn't bode well. But I think that now the European countries will be even worse. Who will really feel bad is them  |
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Everyone will benefit from the construction of such a road. Cargo transportation will be carried out faster and there will be new opportunities for our countries to take part in the trade. Perhaps the cost of transporting goods will be lower and, as a result, the cost of goods may be significantly less. But now it is too early to talk about the construction of such a road. We are all waiting for the end of the war and the stabilization of the situation in the world.
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This question has no answer today. It will take a long time for us to understand what is happening with the cryptocurrency and what methods of payment for goods will be in demand in the future. Today we see that the world we are used to is changing and no one knows what these changes will be. I prefer not to think about what will happen in the future, soon we will see what will change now.
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Who told you that these two countries are against Russia? Where is that written? All the economic transactions that were with these countries did not stop for a second. The news that you are presented with is full of fakes and garbage.
“I know hundreds of ways to get a bear out of its den, but none to get it back in. Don't tease the Russian bear."
Great politician Otto Eduard Leopold von Bismarck
Why did no one learn to listen to smart people?
[/quote]
Because people are simply illiterate. They listen to the news that certain people choose to show them and draw conclusions. If a person wants to draw conclusions about something, then he needs information and brains. And if these components are not present, then we see the results now.
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I agree with you. The human nervous system is a serious mechanism with which you can influence the mind and mood of people, their feelings. And that is why we are currently seeing an information war, a war for our souls. Therefore, you need to separate yourself from the flow of information in order to save your nervous system and not give food to people who want to use us as weapons. Don't let anyone manipulate your mind!
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Great idea! The beans will also give you gas to keep you warm  |
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Yes, prices will indeed go up. The main suppliers of wheat are Ukraine and Russia. In Ukraine, wheat will not grow this year. In Russia, there is a ban on the export of wheat from the country. Fertilizers for growing wheat are also produced in Russia. Prices will soar up and will not fall in the coming years. The future of European countries is not very cheerful  |
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For Russia, this is not a war. This is a military operation. The purpose of this operation is not to capture territory or people. This military operation will end when the set goals are achieved. Russia has been warning about a possible development of events for 8 long years, but European countries and America did not want to listen to these words. Well...Now we will all feel the results of the inaction of responsible politicians.
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What's with the weird question? Of course gold! What could be better than gold to keep your savings? At all times, gold has always had a high price. If I have a lot of money, a small part can be invested in cryptocurrency, but I will still invest the main part in gold.
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The greatest wealth of a country is its people. People should live well and calmly, and for this there is a government and everything else. Sanctions today are directed against the people of the whole world. Every person in any country will feel worse every day because there are big games between countries. The world economy will suffer from these sanctions and there will be no return to the old system.
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Yes it's going to be the right option but the only problem is that Russia is not Germany so they won't easily bend with this economic sanctions, this is actually much better because the sanctions have started early so as to make sure that the war can't last for a really long time. The only problem with this is the innocent people of Russia will be a collateral damage unless they revolt which the Russians are really good at.
Many Russian people support their president and they are not ashamed that they are Russian. This country has gone through great trials and wars. People did not live very richly, but lived in abundance. The sanctions are hitting every country in Europe. Their effect will be felt not only by Russians, but by every person in the world. Now is a difficult time for everyone. |
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Absolutely agree with you. A person is never absolutely happy if he measures his happiness only by material things. The more money a person has, the more his needs grow. This process cannot stop itself. Only a person can stop him and be satisfied with his income today. Perhaps today we have enough money to be happy. And the skills will be good not only digital but also physical.
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I love this kind of news! Another country has turned towards cryptocurrencies. Now the crypto industry is considered to be the work of young people, but time passes and everything changes. And although I have no idea how the government can control the movement of cryptocurrency, this is still good news for all of us. I know there is an opinion that a lot of illegal operations take place with the help of cryptocurrency. I hope this is just a myth. And he will not interfere with the legalization of cryptocurrency
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There are many features in this area. Not many countries want to deal with them. Probably one of the most important is the outflow of funds into cryptocurrencies from stocks and bonds can lead to a fall in the country's stock market. In the cryptocurrency market, it is easier to lose money through hacks or scams. At the same time, the country does not have many options to protect people from this.
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Оh yes, fresh news! I think this is a great opportunity to develop the circulation of digital currency in the world. Of course, this will take time, because for normal work with cryptocurrency, it is necessary to integrate the mechanism of cryptocurrency turnover into the country's financial system. I hope mining will be legalized in many countries and it will be possible to pay in cryptocurrency for a large number of goods and services.
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Do you want to work alone? I understand correctly that you have another main job? Now you want to find additional work? In this case, I recommend getting a job at a company that already has its own client base and developments. Work in it for a while and maybe learn something new that you can then use on your own. And of course it's good if you have a special education.
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