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Author Topic: When the world is evolving, follow the trend.  (Read 848 times)
Youngkhngdiddy (OP)
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November 29, 2023, 03:38:49 PM
 #1

  Since the inception of the world, there's been transactions in terms of business and this has made for the advent of various means and ranges of money advancements. Like history and science will tell us that we were once in a stone or cave age and now we sit to think, does it mean that there was never really an economy or a mode of financial exchange back then? Truth is, there actually was. And there and then it started till we got to where we are today. Remembering vividly for most people who were only taught but didn't get to witness, the first form of exchange during trade was barter. It was of the concept of give me this for this and surprisingly it worked for them. After a while, cowries came into existence and then, the economy maximized. Traders and everybody generally cherished and desired cowries as it was the only means of exchange. Colony started coming into play and then coins were brought to use and then trading got a lot more easier.
 The introduction of coin helped made transactions easier thereby making the cost of goods worth it, after some  years  the introduction of paper money was brought about and the whole economic activity was smooth, the currency had a very good worth in the economic market and livelihood was at its best. A number of years later, coins went into extinction and then the paper money took the full show and then it started becoming much more in use and advanced. A lot of notes got unveiled and it aided more easier means of trading although it led to the advent of corruption because public funds started to get stolen and further caused a declining economy. Up till this day where we see clearly that transaction and finance are getting digitalized. Digital assets are now being used as a means of transacting and looking at the brighter side, it's in a way aiding the economy. Bitcoin and crypto currencies also have good impacts in the economy. Bitcoin didn't seem like it'd experience this massive growth as it does now but after a few years, Bitcoin has expanded in itself and is now one of the greatest asset one would possess.
  It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.
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November 29, 2023, 04:01:36 PM
 #2

Over the times, the technology also developed. The development of increasingly sophisticated technology makes it easy for humans who live in modern era. Not willing to follow him, it means that humans do not want him to develop.

Previously the work system was manual, now it is very sophisticated so that doing work is no longer difficult. All transactions throughout the world can be done at any time in just minutes and everything is recorded.
Like the Bitcoin transaction system. People will get convenience without having to be afraid of conducting transactions and without having to involve other parties.

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November 29, 2023, 04:19:55 PM
 #3

 Since the inception of the world, there's been transactions in terms of business and this has made for the advent of various means and ranges of money advancements. Like history and science will tell us that we were once in a stone or cave age and now we sit to think, does it mean that there was never really an economy or a mode of financial exchange back then? ..........
It's very difficult to write a full overview in a single post about the evolution of money but you did this and thanks to you for this effort. The people who lived in the era where they changed goods directly to each other did not think that in the future there would be a time when people use paper currency to buy or sell goods and now after thousands of years people use paper currency. People accepted the trend and they are following it but issues came when you talked to them about the digital currency. Some people do not understand digital currency and those who have little knowledge about it do not trust digital currency. Someone tells them that this digital currency is the future of today's currency and you have to accept it like you accept coin and then paper currency. This is a new trend everything changes with time and now the era is fully technological this is the need of today's world to change our currency into a digital form so that we will take more benefit from it.
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November 29, 2023, 04:28:48 PM
 #4

 It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.
Cryptocurrencies are highly restricted in my country. The government is engaging in several media wars against Bitcoin and altcoins. But within these, they know that cryptocurrency is the next phase of money but they are just unwilling to accept this truth. I just remembered teaching my son about money and I was surprised to see that even the anti-crypto government of my country is preparing the younger generation for the era of cryptocurrencies. Cryptocurrencies are in the secondary school curriculum and students are expected to learn about them.      

Source: WABP Business Studies.

I am aware that cryptocurrencies might not replace fiat but I am sure that they will play a greater part in the global financial system in the future. This is why many countries are introducing CBDCs in a bid to fill in the vacuum created by cryptocurrencies. But they have also failed to achieve their aim because people know that these CBDCs are nothing but digital fiat.  

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November 29, 2023, 10:03:00 PM
Merited by Nerdy doctor (2)
 #5

 It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured.

You make a fine point, but you have to understand that this evolution would not happen overnight. For every financial transaction to be done digitally, the whole world would need to have gone completely digital. This is something that is happening gradually and despite how far the world has grown, it has not gotten to the level of eradicating cash. Even in developed countries, cash is still needed at some point so talk more of underdeveloped countries.
My point is, we're not going to sleep one night and wake up the next morning in a completely digital era where every transaction is digital and cash is no longer needed. It's not going to happen within a year.
It is a phase and we have already started evolving to that point, it may not happen in our lifetime or in this century, but it would happen and nobody would be left behind.

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November 29, 2023, 10:39:14 PM
 #6

Follow the trend, but never abandon the old tech completely until the new tech is laid and implemented 100%.

I used to just carry cash wherever I go. I find it convenient to pay with physical cash and receive change. Cash is accepted everywhere, that's why they say, 'cash is king.' But nowadays, I also use digital wallets to pay for things that I buy. Given that I always carry my phone around, and it's not hard to find a place that doesn't accept such method of payment, it's convenient and fast compared to cash.

Then again, if I only use digital payments and not carry cash, there could be instances wherein I'd be stuck in a place wherein digital payments are not accepted. Public transportation here in the Philippines still don't implement digital payments fully, and it's one of those things that could take advantage of the growing number of digital users. But they couldn't, as most of the operators and drivers of public transportation are old and do not trust digital payments just yet.

It will take time before cryptocurrencies get understood and embraced by economies. The first transition would be digitization of cash, followed by embracing the truth that cryptos are here to stay.

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November 29, 2023, 11:00:37 PM
 #7

Why’d you think trade by barter working successfully back in the day is surprising? And corruption, being way older than paper money itself won’t suddenly go away with the end of the reign of paper money being used as a means of exchange.

In my opinion, nothing is truly certain except death of course. So the future where you say all financial transactions would be done only digitally without paper money is still far off and not entirely clear. Of course, it would be advisable to embrace change when it comes.
The economy of a nation is determined by what it produces and exports. And that in turn gives the boosts the nations finances.
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November 29, 2023, 11:47:29 PM
 #8

As much as we hope that the old and traditional systems to our way of life goes away, there also comes a threat to human survival with the rapid growth of technological advancement.
It’s not new in our time that the developments happening within the AI industry has created a need for worry over the fate of reality and what jobs would be left for the rest of human population.

Yeah, times have changed and as such, it is hoped that if you hope to survive, you change with it but, we don’t need so much change at every level or at a pace that defies natural or cautious order to its translation.

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November 30, 2023, 01:39:21 AM
 #9

 Since the inception of the world, there's been transactions in terms of business and this has made for the advent of various means and ranges of money advancements. Like history and science will tell us that we were once in a stone or cave age and now we sit to think, does it mean that there was never really an economy or a mode of financial exchange back then? ..........
This is a new trend everything changes with time and now the era is fully technological this is the need of today's world to change our currency into a digital form so that we will take more benefit from it.
I have noticed something about growth and advancement. It is something that not everybody will accept at ones. When mobile phone came out. Back then some person felt there were no good thing about it but look at now it is used by everyone in the world. We have moved from the stone age to this present technological civilization. All these advancement happened gradually from decades to decades until what we see today. TBH, advancement will not seem to stop till the end of time. There will be more better technologies in the future. Since the world is adapting AI technology and everyone is wowed with the new inventions imagine what technology would exist 1000 years from now.

Sometimes i just wished i could live long enough to see how civilization would be in the future. When i mean the future, i meant thousand years from now. It would be lovely to have that experience but unfortunate it is impossible.

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November 30, 2023, 02:06:50 AM
Merited by fillippone (1)
 #10

As much as we hope that the old and traditional systems to our way of life goes away, there also comes a threat to human survival with the rapid growth of technological advancement.
It’s not new in our time that the developments happening within the AI industry has created a need for worry over the fate of reality and what jobs would be left for the rest of human population.

Yeah, times have changed and as such, it is hoped that if you hope to survive, you change with it but, we don’t need so much change at every level or at a pace that defies natural or cautious order to its translation.
I see it as changing and always active, and those of us who use it will always need to upgrade our awareness, ethics,... to use any tool at any time and re-evaluate which one is suitable for our lives. The timeline of history that we know is really limited, as there are many things for which we still do not have specific answers. To me, if you look at it from a knowledge perspective, it is infinite and people find it and apply it to life simply as an adaptation. There are logical things from natural science that make us more stubborn about the truth of life, but rather, everything that appears around us is a reflection of people's perception of life.

In terms of AI issues, it's also consistent with what I talked about earlier, the adaptation of those tools. Just comparing back a bit to the period where we had not yet found the application of the power source, it was clear that it was still the same and the problem was created by humans.










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November 30, 2023, 02:55:10 AM
 #11

It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.
Agueably no doubt about following the trend when the world is evolving. But in this aspect of no Cash in the future I doubt about that. It could be possible in other advanced countries but not really to all country. In as much as we grow and learn new things I think there some people that naturally don't like anything online banking system. And financial system of a Nation should not make it a must, but by equity. There are numerous numbers of uneducated persons in the world and they will not be neglected due to their iliteracy. The world could only go cashless if %95 of the world is educated.

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November 30, 2023, 03:36:30 AM
 #12

The evolution of money has been rise and fall and the current mainstream money that is in use is a fall. Except that there is this Bitcoin thing which serves as a better alternative right now, the present time actually has a money that is a trash, backed by nothing but fiat, an order coming from the government which, if not so powerful and forceful, won't certainly be complied with.

When the trend became fiat money, Switzerland became the last to jump on the bandwagon. As a result, its money held value and respect, of course until the country itself joined the fiat gang.  

Don't just follow the trend. That's a sheep mentality. Don't just blindly fall down the cliff with the rest.

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November 30, 2023, 05:01:21 AM
 #13

The digitization of the economy is a good thing and may make people’s lives easier, just as the transition from coins to paper money was, which facilitated the transfer of money and provided many features, including access to monetary applications, which made all of this easier, faster, and more efficient, but how to transition to this situation is what will be determined.
CBDCs are a form of digital development, but they are completely centralized and the authorities can even buy you a bottle of water. If there is complete warning about them, it will be a problem, especially with dictatorial governments, which makes cash much better than this development.

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November 30, 2023, 05:17:41 AM
 #14

 It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.

Yes. Globalization is coming soon. Competition and competition will arise on all financial platforms in providing the best and all-digital services, but vulnerabilities remain because this is all online. secure assets for yourself, so it's best to start now, as stated above, and do it immediately.

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November 30, 2023, 09:50:55 AM
 #15

With the ease of paper, digital systems and cryptocurrencies, our economy is witnessing significant evolution. The integration of these diverse forms of currency opens up new avenues for growth and innovation. Paper currency has been the backbone of our economy for centuries. However, as technology advances, the shift towards digital systems is becoming increasingly prominent. Digital transactions offer convenience, speed and efficiency, enabling seamless transactions without the need for cash. Bitcoin, for example, uses blockchain technology to ensure safe and transparent transactions. Cryptocurrencies not only offer fast and unlimited transactions but also give individuals more control over their financial assets. The availability of paper, digital systems and cryptocurrencies marks a significant change in our economic landscape. Our well-known currency can adapt and play a key role in this evolving environment. With the digital economy we can pave the way for a prosperous and happy future.

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November 30, 2023, 10:21:21 AM
 #16

@Op this is what I normally tell people, I so much love this topic because the world is always evolving and things won't keep on to remain the same. In my country in those even with a an high school degree one can get a good job without no stress but right even to get a better job with university degree it is not easy . The World has change that people can now create something for themselves and survive from it. Technology is where the world is into right now, people just need to engage themselves into it.

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November 30, 2023, 10:25:13 AM
 #17

Yes, before there were coins or money, of course our ancestors used other ways of making transactions, for example by bartering and times changed, after that paper money started to appear and people continued to follow the trend because as time went by, people started to feel the benefits and indeed now is the digital era and Satoshi Nakamoto started making bitcoin, but of course there are pros and cons because everyone certainly won't take it for because of course this is new, but I'm sure one day bitcoin will be accepted by society. but of course we have to have a good strategy in managing our economy and of course we won't know what will happen in the future and the fluctuating price of Bitcoin makes many people interested and some stay away from it because BTC has a fluctuating nature. . So in my opinion we have to be able to live in the digital era and not be left behind, but we have to live with old ways and strategies.

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November 30, 2023, 10:31:01 AM
 #18

It might be beneficial to stay informed about new innovations & tech but it’s not always necessary to blindly follow suit. Assess the relevance & potential impact of these advancements on your specific situation or industry. Maybe consider things like feasibility, cost & alignment with your goals & values. Being selective & strategic in adopting new technologies allows for thoughtful decision making & ensures that you are investing resources in areas that will benefit you.

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November 30, 2023, 10:38:51 AM
 #19

_*_


  It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.

Try to learn next time how to use paragraphs and spaces to make a thread that is easy to read and understand. Your wall of post is very hard to read without leaving the screen off.



I doubt this will happened, Physical copy is always a must in every transaction even with banks since it’s a copy that can’t be destroyed if there’s an online attack. Both soft and hard copy is essential for backup of everything even if we are living in digital world since we are still on physical real.

Maybe this possible in the future if there’s already an online vault invented that can’t be attacked by anyone.


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November 30, 2023, 12:28:01 PM
 #20

It's interesting how economic changes affect human attitude. Each stage from barter to digital currency reflected technological improvement and a shift in value and trust. Barter needed direct trust between two parties; digital currencies use technology and algorithms. Doesn't this movement suggest a subconscious shift toward trust and worth in human psychology?

You're right to recommend digital finance, but isn't it complicated? As we move away from tangible money, wealth becomes more abstract. Despite their efficiency, digital currencies abstract value. Does this dissociation from physicality not undermine our wealth and security concepts? As well as staying technologically ahead, we must change our thinking about value and trust. Are individuals and societies ready for this paradigm shift? Though, I believe that you should change, or be changed

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November 30, 2023, 05:19:44 PM
 #21

The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.
There is no doubt in your words that we should follow the trends of the world otherwise we will be left behind. Money has revolutionized a lot since its inception and still evolving, I wonder if it will evolve from digitization too. But what would be the next form of money from digitization? That is a tricky question but we will see. Till then we should adopt new technologies because they give us the upper hand on other aspects like we can get bigger discounts, can save our time, can save money, etc., etc.

New technologies always give benefits in some way, all we have to do is start looking for them because many who have already gotten a hell of benefit from this technology but unfortunately due to lack of knowledge don't know about it. Therefore what's most important is to get educated about the benefits you are getting in comparison to adopting it.

Those who have still not adopted or just adopted the BTC should care and not care respectively because those who have not adopted the BTC technology yet they are unaware of all the features like decentralization, no middleman, total privacy factors, etc., and those who have just adopted it should also be considered as early joiners.

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November 30, 2023, 05:51:22 PM
 #22

The moment you miss out on a global change regarding a particular sector, you have successfully put yourself at a disadvantage in the future. Technological advancement is happening at an increasing pace and if you don't follow up with the latest change in the way things are being done, you end up becoming very much irrelevant, and your service might not have much value in the current time.

The way of doing businesses has changed to a very large extent and those that haven't embraced this change will testify to the difficulty they experience when the try to come to term with the latest happening in technology and the various changes that has made digital marketing a must for most businesses.

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November 30, 2023, 06:28:01 PM
 #23

Cryptocurrencies are highly restricted in my country. The government is engaging in several media wars against Bitcoin and altcoins. But within these, they know that cryptocurrency is the next phase of money but they are just unwilling to accept this truth. I just remembered teaching my son about money and I was surprised to see that even the anti-crypto government of my country is preparing the younger generation for the era of cryptocurrencies. Cryptocurrencies are in the secondary school curriculum and students are expected to learn about them.      

Source: WABP Business Studies.

I am aware that cryptocurrencies might not replace fiat but I am sure that they will play a greater part in the global financial system in the future. This is why many countries are introducing CBDCs in a bid to fill in the vacuum created by cryptocurrencies. But they have also failed to achieve their aim because people know that these CBDCs are nothing but digital fiat.  
   I understand how frustrating this government restrictions can be, killing the dream of some crypto enthusiasts.The government want’s you to keep your money in banks, because this increases the amount of wealth that banks can lend out, and ultimately the amount of wealth (GDP) possessed by an individual country. If everyone kept their money in their homes in vaults as gold, and on their electronic devices as cryptocurrencies, then the GDP of these countries and the entire economic system (ponzi scheme) of these countries would collapse over night..
  I believe that when Bitcoin finally gets adopted by most countries, your country will see the need to accept the new technology. Bitcoin is looking promising as the look of things Bitcoin is at the verge of becoming the new currency of the world.  Many banks are studying and actively practicing with the blockchain technology in order to understand the emerging technology and if possible to issue a CBDC (Central Bank Digital Currency), as per the new reports of World Economic Forum. On a final note, Cryptocurrency is free from the corrupt unilateral sanctions and trade embargo's imposed on countries and the innocent civilians living in those countries. It’s a world currency - the currency of the people. Who’s the government to say who I can and cannot trade with? Hell, I’ll transfer money to whomever I damn want, directly. To hell with the banks.
   
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November 30, 2023, 06:31:48 PM
 #24

 Since the inception of the world, there's been transactions in terms of business and this has made for the advent of various means and ranges of money advancements. Like history and science will tell us that we were once in a stone or cave age and now we sit to think, does it mean that there was never really an economy or a mode of financial exchange back then? Truth is, there actually was. And there and then it started till we got to where we are today. Remembering vividly for most people who were only taught but didn't get to witness, the first form of exchange during trade was barter. It was of the concept of give me this for this and surprisingly it worked for them. After a while, cowries came into existence and then, the economy maximized. Traders and everybody generally cherished and desired cowries as it was the only means of exchange. Colony started coming into play and then coins were brought to use and then trading got a lot more easier.
 The introduction of coin helped made transactions easier thereby making the cost of goods worth it, after some  years  the introduction of paper money was brought about and the whole economic activity was smooth, the currency had a very good worth in the economic market and livelihood was at its best. A number of years later, coins went into extinction and then the paper money took the full show and then it started becoming much more in use and advanced. A lot of notes got unveiled and it aided more easier means of trading although it led to the advent of corruption because public funds started to get stolen and further caused a declining economy. Up till this day where we see clearly that transaction and finance are getting digitalized. Digital assets are now being used as a means of transacting and looking at the brighter side, it's in a way aiding the economy. Bitcoin and crypto currencies also have good impacts in the economy. Bitcoin didn't seem like it'd experience this massive growth as it does now but after a few years, Bitcoin has expanded in itself and is now one of the greatest asset one would possess.
  It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.

You've layed a very good historical Foundation about the evolution of the world economy and trade internationally, historical knowledge tells us the background to which some of the economic ideas we have today were driven from. But I would like to remind you about the fact that no matter the evolvement of certain things in the society or modernity you will say, there are processe  kept over time for people to adapt or for people to also understand the way the current affairs of economic transactions will work in that age and time. So I believe with time digital economy will be embraced by government across board, the private sectors and various business community, and that process has started already.

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November 30, 2023, 06:32:09 PM
 #25

I read about a story (I won't mention the name of the company but some may be familiar) about an employee who worked in a very Big and popular company producing Camera, this employee had an idea about going digital, since they already own the market they did not think about changing but this employee too his idea to a competitive company and this idea became explosive.

The Truth about business is being versatile and ready to incorporate new idea, the world is growing and interests are changing as well, it's always good to follow suit.

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November 30, 2023, 07:25:52 PM
 #26

Over the times, the technology also developed. The development of increasingly sophisticated technology makes it easy for humans who live in modern era. Not willing to follow him, it means that humans do not want him to develop.

Previously the work system was manual, now it is very sophisticated so that doing work is no longer difficult. All transactions throughout the world can be done at any time in just minutes and everything is recorded.
Like the Bitcoin transaction system. People will get convenience without having to be afraid of conducting transactions and without having to involve other parties.

Develop yourself according to modern technologies because as the time passes so new more beneficial technologies come into earning space. We should alter our way of earning because if we stick to a single technology then our earning will always same therefore for enhancing the ability of earning one should develop himself according to the age.
Bitcoin transaction is very secure and there is no need to move your money in presence of third party because your money will be secure. Those who adopt themselves should first realize that bitcoin is the primary source in new techniques which ensure your profit. New technologies are very successful but there is need of investigation but in case of bitcoin if you investigate you will find positive reviews always.



 

 

 

 

 

 


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November 30, 2023, 07:33:43 PM
 #27

You're right to recommend digital finance, but isn't it complicated? As we move away from tangible money, wealth becomes more abstract. Despite their efficiency, digital currencies abstract value. Does this dissociation from physicality not undermine our wealth and security concepts? As well as staying technologically ahead, we must change our thinking about value and trust. Are individuals and societies ready for this paradigm shift? Though, I believe that you should change, or be changed
It will never be easy to move from the stage of fiat money to money in an integrated electronic version.  It is true that Fiat money currently has an electronic version, but it is still not in a state of complete popularity to include people in all regions.
On this basis, the best thing that can be done to spread adoption of crypto is for governments to adopt educational curricula to teach blockchain and the culture of distributed data.  This is always subject to many possibilities since it requires a long time to be activated on a general scale.
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November 30, 2023, 08:24:32 PM
 #28


  It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.
Yes, it's quite nice to see how money has evolved around many decades, and yet to evolve more as time goes by, because just as the same way if our forefathers were told by today we will all be using Bitcoin as a means of transaction between different parties, they all would never have believed, likewise is the same way if we are been told Bitcoin will be replace by another in the future, so will you never believe until it's manifested itself, which is one thing certain. But our ability to fully embrace it while it last is what matters most. Because just as cowries once had value and today it has no value, let's strive to make good use of Bitcoin by investing that amount we can also afford.

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Dr.Bitcoin_Strange
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November 30, 2023, 10:43:59 PM
 #29

When it comes to Bitcoin, there are people who are not yet open to accepting the use or adoption of it, and the reason could be that they don't trust the system yet. That was also how so many people did not trust Bitcoin in the past years, not until they saw the speed at which the coin has grown and dominated almost every part of the world. Some people are now regretting why they did not invest in Bitcoin at the time it was developed. It's wise to always follow the trend, like you said, but while doing that, even if it's not something you actually trust 100%, you can just give it a little try and perhaps take note of it before shifting your attention to what you actually want. For example, when Bitcoin was developed, some people did not take it seriously; they just purchased it and forgot about it someplace. Even then, Bitcoin was not really sold, but there are some things you could do online and claim free Bitcoin. Some people did it and claimed free Bitcoin, but they felt it was worthless and forgot about it. It was later that the price of Bitcoin began to pump, and that's when they realized they had some Bitcoin someplace and began to look for where they store their coin.

So, that's what I am saying: even if you don't completely trust a system, just give it a little of your attention, and if it requires you some money, you can just give it a try.

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November 30, 2023, 11:48:53 PM
 #30

 It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.

It is not advisable but more on a compulsory action that digital economy must be embrace.  The development is alerady leading to that point.  With the invention of the internet, it is known that the world is changing and emerging with digital space.

But I would say to not follow all trends because some are just bubbles that can burst anytime leaving people who follow them in devastation.  We should select carefully on what trend to follow.  Something that has laid its foundation strongly and does not affect individual negatively.  Blindly following trends will often lead us to financial losses.  Simply think that the trend today may not be the trend tomorrow so better to choose wisely and have a deeper understanding of trends and its future endeavors.

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December 01, 2023, 01:41:30 AM
 #31

 It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.
When someone is unable to keep up with the times, what happens is that they will become increasingly left behind because technology is developing rapidly and there are many things that are starting to develop using digitalization methods. Currently we are in this condition, even though it is not yet fully digital, transactions at banks are also digital for now because there are types of digital service products that have been developed by banks through electronic channels without physical offices. Banks have not yet fully implemented electronic transactions because they still need physical money to meet the needs of society.

The economy will determine the extent to which the country has entered technological sophistication and for underdeveloped countries perhaps technology has not been fully distributed to all corners. Corruption or all forms of weak systems are corrupt behavior carried out by many rulers and this occurs in almost all developing countries, making it difficult to adapt technology to new challenges.

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December 01, 2023, 03:00:01 AM
 #32

 It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.

It is not advisable but more on a compulsory action that digital economy must be embrace.  The development is alerady leading to that point.  With the invention of the internet, it is known that the world is changing and emerging with digital space.

But I would say to not follow all trends because some are just bubbles that can burst anytime leaving people who follow them in devastation.  We should select carefully on what trend to follow.  Something that has laid its foundation strongly and does not affect individual negatively.  Blindly following trends will often lead us to financial losses.  Simply think that the trend today may not be the trend tomorrow so better to choose wisely and have a deeper understanding of trends and its future endeavors.
Therefore, having knowledge about cryptocurrency is very important, remembering that we can regulate when to enter the market and when to leave the market, so that we can maximize the profits we will get, don't just rely on luck and greed for a moment, which will make us trapped in disappointment at the end of the story. . If that happens then we could be depressed

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December 01, 2023, 04:31:58 AM
Merited by fillippone (1)
 #33

When someone is unable to keep up with the times, what happens is that they will become increasingly left behind because technology is developing rapidly and there are many things that are starting to develop using digitalization methods. Currently we are in this condition, even though it is not yet fully digital, transactions at banks are also digital for now because there are types of digital service products that have been developed by banks through electronic channels without physical offices. Banks have not yet fully implemented electronic transactions because they still need physical money to meet the needs of society.

The economy will determine the extent to which the country has entered technological sophistication and for underdeveloped countries perhaps technology has not been fully distributed to all corners. Corruption or all forms of weak systems are corrupt behavior carried out by many rulers and this occurs in almost all developing countries, making it difficult to adapt technology to new challenges.
Those who can accept technological advances well at this time of course the life they lead will be able to make it easier for them to reach it, for now someone can easily transfer their money to their destination just by using their cellphone and also at that time, Previously, someone who wanted to send money had to go through a bank and this took up a lot of time, but for those who cannot accept the current situation, their life is certainly very troublesome.

Corrupt behavior by several elements in the government will certainly hamper economic growth in the area. It has become their habit not to advance the economy which is their responsibility, but they only take all the profits from the positions they occupy and do not think about the interests of the community.

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December 01, 2023, 06:31:32 AM
 #34

The moment you miss out on a global change regarding a particular sector, you have successfully put yourself at a disadvantage in the future. Technological advancement is happening at an increasing pace and if you don't follow up with the latest change in the way things are being done, you end up becoming very much irrelevant, and your service might not have much value in the current time.

The way of doing businesses has changed to a very large extent and those that haven't embraced this change will testify to the difficulty they experience when the try to come to term with the latest happening in technology and the various changes that has made digital marketing a must for most businesses.

In selecting the trend to move with you have to be very so trend will just put you in more shit in the financial aspect bitcoin has been one of the best innovations and a good trend to follow I see a lot of situations where people try to compare fait with bitcoin and we know that fait is the recognized legal tender with limited benefits compare to bitcoin that has a lot of open benefits and historically money started from exchange to gold to coin and then paper, gradually a new financial system is been generated along the line of a different generation, and before it was all fait and with bitcoin you can save, trade and get other benefits from it and I is decentralized and also transparent what more.

Even the way you address challenges in business is different and now you want to start up a business then you must use your initiative very well and think out of the box, if not when the storms come your business might not be able to withstand it.

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December 01, 2023, 06:44:26 AM
 #35

Over the times, the technology also developed. The development of increasingly sophisticated technology makes it easy for humans who live in modern era. Not willing to follow him, it means that humans do not want him to develop.

Previously the work system was manual, now it is very sophisticated so that doing work is no longer difficult. All transactions throughout the world can be done at any time in just minutes and everything is recorded.
Like the Bitcoin transaction system. People will get convenience without having to be afraid of conducting transactions and without having to involve other parties.
This is the biggest challenge for all levels of society, but because of generational factors, I think the younger generation needs to take charge of technological progress. With everything going digital and internet access becoming more evenly distributed, it will make it easier for anyone to take part in advancing the economy. When decentralization becomes the fastest option to catch up, everyone actually has the same opportunities and equalizes the playing field. As someone who lives in a rural area, internet coverage is somewhat limited so we must be able to utilize existing resources. The Digital Cryptocurrency industry and its risks are not easy to overcome, not only about super simple transactions, but limited resources are an obstacle. We are entering an era of betting with big risks, so when it comes to a developing world, we don't just follow trends but we must be able to play a role in controlling them to meet our needs.

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December 01, 2023, 07:06:25 AM
 #36

One thing to keep in mind is that when you follow a trend, you've to make sure that you're not just blindly following those trends, you also have to be smart and know if the trend that you are following is a stupid one or not. You don't want to end up doing stupid stuff that could've been avoided if you didn't follow the trend. Keep an open mind but be mindful of what you're letting in because if you're welcoming all of it then you will probably end up not accomplishing anything because new stuff are pumping out daily so choose what's best for you and what you think is worth your effort and time.



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December 01, 2023, 07:41:26 AM
 #37

One thing to keep in mind is that when you follow a trend, you've to make sure that you're not just blindly following those trends, you also have to be smart and know if the trend that you are following is a stupid one or not. You don't want to end up doing stupid stuff that could've been avoided if you didn't follow the trend. Keep an open mind but be mindful of what you're letting in because if you're welcoming all of it then you will probably end up not accomplishing anything because new stuff are pumping out daily so choose what's best for you and what you think is worth your effort and time.
I agree in this case, or in other words, we must be smart to filter or choose the trends to follow. If the trend we think is a futile trend, then I'd rather just know the trend without following it. Especially in this day and age, there is a lot of foolishness from the emergence of trends. In my own neighborhood, there are many strange and stupid trends, I mean there are things that are more useful than following the trend.
So the conclusion is the same as what you said, we should not blindly follow a trend.

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December 01, 2023, 08:16:56 AM
 #38

This world is indeed very old. So humanity has gone through various eras and various trends. And one of them is exchange or transaction trends. Starting from bartering to the existence of currency and now there is digital currency. It has a very long and lengthy process.

And it's only natural that we have to keep up with current developments. Because don't be someone who is behind the times. But even so, you still have to be able to pay attention and learn first how the era is going. So in essence, if this era of digitalization can have a positive impact on life, then follow this era of digitalization. But if, for example, this digitalization era could have a bad impact, it's better not to follow it too much.
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December 01, 2023, 08:53:21 AM
 #39

This world is indeed very old. So humanity has gone through various eras and various trends. And one of them is exchange or transaction trends. Starting from bartering to the existence of currency and now there is digital currency. It has a very long and lengthy process.

And it's only natural that we have to keep up with current developments. Because don't be someone who is behind the times. But even so, you still have to be able to pay attention and learn first how the era is going. So in essence, if this era of digitalization can have a positive impact on life, then follow this era of digitalization. But if, for example, this digitalization era could have a bad impact, it's better not to follow it too much.
It is getting more sophisticated and easier and we are required to be able to keep up with all existing advances, especially technology to make things easier for us and also so that we don't get left behind.
There are positives and negatives to what is happening, but that is the world today and whether we want to or not, we have to adapt to it.
Both positive and negative things all come back to each individual in using or making use of them, the essence of which is that developments in this era are aimed at making things easier with positive things.



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December 01, 2023, 08:59:02 AM
 #40

Business has been around since ancient times only business strategies and technology have improved. People have been importing and exporting goods since ancient times and have faced various problems in the import and export of goods. People have been importing and exporting goods despite facing various problems but now advanced technology is making these matters easier in the matter of importing and exporting goods. In the case of business, earlier I had to pay money directly and then buy the goods, there was a risk of robbery, but now that risk has reduced a lot because people now pay through online and then import and export goods. Technology has made it easier for people to do things that used to take a lot of time and that were expensive to do in less time and at a lower cost. At this point in time we are seeing so much advancement in technology that we are sure to see more advancements in technology in the future.

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December 01, 2023, 09:05:56 AM
 #41

Well fast forward to today where digital currencies like Bitcoin are stealing the spotlight, it’s like our money is gone all high-tech.But tech innovation is normal right? Jumping into the digital money game seems like a good move, but while it's convenient, we have to watch out to expand our knowledge like privacy concerns and security issues hanging around. Scammers innovate too.

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December 01, 2023, 02:02:37 PM
 #42

One thing to keep in mind is that when you follow a trend, you've to make sure that you're not just blindly following those trends, you also have to be smart and know if the trend that you are following is a stupid one or not. You don't want to end up doing stupid stuff that could've been avoided if you didn't follow the trend. Keep an open mind but be mindful of what you're letting in because if you're welcoming all of it then you will probably end up not accomplishing anything because new stuff are pumping out daily so choose what's best for you and what you think is worth your effort and time.
I agree in this case, or in other words, we must be smart to filter or choose the trends to follow. If the trend we think is a futile trend, then I'd rather just know the trend without following it. Especially in this day and age, there is a lot of foolishness from the emergence of trends. In my own neighborhood, there are many strange and stupid trends, I mean there are things that are more useful than following the trend.
So the conclusion is the same as what you said, we should not blindly follow a trend.
This is right. Let me add to it.  Not all trend should be followed. A trend that works for Mr.A may not work for Mr.B. It is better to choose a trend that matches your niche. Only throught that way you could be suucessful. Not because everyone is being succesful in a particular trend then we rush into it. It may not favor us. But if it is what you can be able to learn or your takent. It will be easy for you to prosper in it.

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December 01, 2023, 02:46:02 PM
 #43

Well fast forward to today where digital currencies like Bitcoin are stealing the spotlight, it’s like our money is gone all high-tech.But tech innovation is normal right? Jumping into the digital money game seems like a good move, but while it's convenient, we have to watch out to expand our knowledge like privacy concerns and security issues hanging around. Scammers innovate too.

All of this must be balanced with sufficient knowledge, otherwise it is only a loss that we will get. The presence of Bitcoin has provided opportunities in terms of the economy, through an investment made in bitcoin. And at this time the crypto money trading market is getting crazier every day along with the number of investors and the value of transactions continues to grow. In making investments both in bitcoin and in other things, this can be profitable and can be unprofitable. depending on one's ability to make these investments. If someone has a good ability to invest, has sufficient knowledge and has good financial management, then someone will always be able to have the opportunity to get profit in the investment he makes.

However, if someone is just following the trend, because this krypto investment is again buming. if without sufficient knowledge and experience, as well as good financial management and risk management, then everything will only end in a loss.

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December 01, 2023, 03:08:36 PM
 #44

The world is changing, but the fundamentals remain the same, as knowledge increases so we come about new discoveries, but what powers these new discoveries is still the raw materials in the earth, a lot has been said about Russian economy and people talk about the Oligarchies, where do people think they make their money from? Raw materials and these are what the Russian economy is based on, not that they do not have robust IT group, they do but the IT guys in the West have achieved Celebrity status and thanks to the stock market and most people think this is the only way to make money. Just look at the fight for rare earth metals between the United States and China, these are raw materials and the demand for them is going to keep increasing. The more things change, the more they remain the same.

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December 01, 2023, 03:21:27 PM
 #45

You really need to break up that WALL of text into paragraphs, because it is tiresome to read it... and a lot of people will not even attempt to read it. Imagine talking with someone in real life and not even stopping to take a breath.  Roll Eyes

In any way... I read through it and I get what you saying.... but let's not forget that most transactions have been digital for years now. Most countries have shifted away from cash and people are using debit and credit cards for most of their transactions or they use them online.  Tongue

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December 01, 2023, 04:16:11 PM
 #46

Well fast forward to today where digital currencies like Bitcoin are stealing the spotlight, it’s like our money is gone all high-tech.But tech innovation is normal right? Jumping into the digital money game seems like a good move, but while it's convenient, we have to watch out to expand our knowledge like privacy concerns and security issues hanging around. Scammers innovate too.

All of this must be balanced with sufficient knowledge, otherwise it is only a loss that we will get. The presence of Bitcoin has provided opportunities in terms of the economy, through an investment made in bitcoin. And at this time the crypto money trading market is getting crazier every day along with the number of investors and the value of transactions continues to grow. In making investments both in bitcoin and in other things, this can be profitable and can be unprofitable. depending on one's ability to make these investments. If someone has a good ability to invest, has sufficient knowledge and has good financial management, then someone will always be able to have the opportunity to get profit in the investment he makes.

However, if someone is just following the trend, because this krypto investment is again buming. if without sufficient knowledge and experience, as well as good financial management and risk management, then everything will only end in a loss.
Experts in this world always give birth to new innovations, making developments in the era very rapid. In terms of the economy, this is also the case and we must always be sensitive to it to strengthen our respective foundations. Yes, knowledge is very important to do certain work, especially when it comes to investment. Until now, the development of digital currency is very rapid and quite a lot of people who have large capital have even invested their capital in cryptocurrency and of course they have done some research before actually getting involved. I think we should always learn and keep learning to follow trends but if something is done hastily then destruction will come to us.



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December 01, 2023, 04:33:06 PM
 #47

Well fast forward to today where digital currencies like Bitcoin are stealing the spotlight, it’s like our money is gone all high-tech.But tech innovation is normal right? Jumping into the digital money game seems like a good move, but while it's convenient, we have to watch out to expand our knowledge like privacy concerns and security issues hanging around. Scammers innovate too.

Very nice. because this is the most enjoyable pool for them to bathe in. Yes. The digital world is very fragile. If we are careless and run into problems, there is no mercy. Email us our wallet. Passwords and passwords for house keys if everything is detected is like throwing money in an old well. and we don't know when they will stop.

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December 02, 2023, 01:20:08 AM
 #48

One thing to keep in mind is that when you follow a trend, you've to make sure that you're not just blindly following those trends, you also have to be smart and know if the trend that you are following is a stupid one or not. You don't want to end up doing stupid stuff that could've been avoided if you didn't follow the trend. Keep an open mind but be mindful of what you're letting in because if you're welcoming all of it then you will probably end up not accomplishing anything because new stuff are pumping out daily so choose what's best for you and what you think is worth your effort and time.
I agree in this case, or in other words, we must be smart to filter or choose the trends to follow. If the trend we think is a futile trend, then I'd rather just know the trend without following it. Especially in this day and age, there is a lot of foolishness from the emergence of trends. In my own neighborhood, there are many strange and stupid trends, I mean there are things that are more useful than following the trend.
So the conclusion is the same as what you said, we should not blindly follow a trend.
This is right. Let me add to it.  Not all trend should be followed. A trend that works for Mr.A may not work for Mr.B.

there are three people in the world: those who are bent on following what they have been used to following for the longest time; those who hop on every single trend blindly; and those who keep an open mind while being critical of their surroundings and innovations

the last type of person is the most likely to succeed the world is ever-changing and as humans, one of our biological characteristic that makes us unique is our ability to adapt to our environment for survival we change our way of living depending on what kind of environment has formed around us for protection and prosperity

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December 02, 2023, 01:46:27 AM
 #49

One thing worth noting is that not every shiny new thing is worth embracing. Sometimes we must scrutinize each aspect to see whether the thing is worth continuing. What is on OP's post also outlined about the adaptability in the progress of humanity. It shows how we carefully select and develop a way of payment. Right now, digital currency or digital way of payment seems like our future, and it is inevitable.

The problem is one thing that we must collectively think is about privacy. This aspect pertains to many past modes of payment, but digitally, it must be traversed into a centrally controlled authority, with bitcoin as an exception of course. So this shows one essential feature that must be considered by all of us, instead of just merely following the development or trend, we should consider its consequences.
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December 02, 2023, 10:56:27 AM
 #50

Well when the world is evolving we have to evolve ourselves and praise the new introductions. Otherwise we would be out of the race and cant fit in. I have seen this type of adoption in my parents. A very good example is how they have seen from world war, change in education system, taking over country, the independence and then forming the new government.

Whether it’s new reforms in governing approach or the economics everything was immense since a century. Peeps adopted to it. Whether it was simple dial wired phone to today wireless 5-6G band phones we have seen big adoption.

If we put forth this story at work in terms of economic reforms then yeah I’m sure things will change to new systems soon.

Already we are seeing major adoption of digital payments Systems. Who knows in the future physical currency will be out of circulation and only digital payments will be available. That might just huge crypto System a chance to work concurrently if not fully adopted.
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December 02, 2023, 06:01:24 PM
 #51

The evolution of money has been rise and fall and the current mainstream money that is in use is a fall. Except that there is this Bitcoin thing which serves as a better alternative right now, the present time actually has a money that is a trash, backed by nothing but fiat, an order coming from the government which, if not so powerful and forceful, won't certainly be complied with.

When the trend became fiat money, Switzerland became the last to jump on the bandwagon. As a result, its money held value and respect, of course until the country itself joined the fiat gang.  

Don't just follow the trend. That's a sheep mentality. Don't just blindly fall down the cliff with the rest.
Why fall? We may not like the evolution or new form of money but their function is still the same as the previous one. So instead of complaining, I think it's best to just embrace them and be thankful that we still have a money to use and our life is still easier as compared to before where money is not yet invented. BTC is different as it was a crypto and yeah, it is not bad.

We already know why, traditional money is backed by someone or something, and that is the banks, and/or the governments. And again like I said earlier, it wasn't a trash. To be clear, I'm no way of defending it, but I only say what I think is a fact. After all, I'm mostly with the side of BTC.

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December 02, 2023, 08:20:22 PM
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 #52

Experts in this world always give birth to new innovations, making developments in the era very rapid. In terms of the economy, this is also the case and we must always be sensitive to it to strengthen our respective foundations. Yes, knowledge is very important to do certain work, especially when it comes to investment. Until now, the development of digital currency is very rapid and quite a lot of people who have large capital have even invested their capital in cryptocurrency and of course they have done some research before actually getting involved. I think we should always learn and keep learning to follow trends but if something is done hastily then destruction will come to us.
Continuing to learn every new thing to be able to follow trends has become the best option for everyone in adapting themselves to new trends by continuing to pay attention to important sectors such as investment and also other important sectors within the reach of the economy from all directions. Experts who are able to produce new innovations every year have also been used as important examples for people who are unable to understand the economy more broadly. So they are also often an important discussion for most people nowadays.

Well fast forward to today where digital currencies like Bitcoin are stealing the spotlight, it’s like our money is gone all high-tech.But tech innovation is normal right? Jumping into the digital money game seems like a good move, but while it's convenient, we have to watch out to expand our knowledge like privacy concerns and security issues hanging around. Scammers innovate too.
Because fraudsters have also created their own innovations in order to deceive many people, we just need to take care of ourselves so that we don't believe too easily in other people's news and invitations if we still don't know that person. Especially when it comes to the crypto space, which until now has become a very good field for making money for everyone who really understands cryptocurrency and the market.

Bitcoin has opened everyone's eyes with technology enough that people who have become fond of Bitcoin have also realized that fiat money is only useful for buying things without any other use. Meanwhile Bitcoin has become very useful in several ways and one of them is things like investment and can also be used to pay for goods in certain countries such as El Salvador.

Very nice. because this is the most enjoyable pool for them to bathe in. Yes. The digital world is very fragile. If we are careless and run into problems, there is no mercy. Email us our wallet. Passwords and passwords for house keys if everything is detected is like throwing money in an old well. and we don't know when they will stop.
In fact, in all work sectors, everyone cannot be careless or negligent in protecting something that is considered important. Moreover, this work is related to the digital world which is always quite vulnerable to fraud if we are not aware of it very well. So things that are considered important really need to be taken care of and each of us must not be careless in any case as long as it is related to money or related to how to get money.

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December 02, 2023, 09:42:10 PM
 #53

It’s not just in the angle of finance where barter has evolved to cryptocurrency. This is something that is general and for everyone. As the earth rotate and revolves, it doesn’t get any younger; ideas are born, innovations are built. And the way to not be old school is by staying up to date either by learning about the new updates or even utilizing it. I once used a photography job to explain this, where we used to have those old bulky cameras that prints pictures in black and white, and how we now have digital cameras with which pictures are faster, easier, and better quality. If you don’t adapt, you’ll be out of business.



 

 

 

 

 

 


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December 03, 2023, 01:23:19 AM
 #54

The evolution of money has been rise and fall and the current mainstream money that is in use is a fall. Except that there is this Bitcoin thing which serves as a better alternative right now, the present time actually has a money that is a trash, backed by nothing but fiat, an order coming from the government which, if not so powerful and forceful, won't certainly be complied with.

When the trend became fiat money, Switzerland became the last to jump on the bandwagon. As a result, its money held value and respect, of course until the country itself joined the fiat gang.  

Don't just follow the trend. That's a sheep mentality. Don't just blindly fall down the cliff with the rest.
Why fall? We may not like the evolution or new form of money but their function is still the same as the previous one. So instead of complaining, I think it's best to just embrace them and be thankful that we still have a money to use and our life is still easier as compared to before where money is not yet invented. BTC is different as it was a crypto and yeah, it is not bad.

We already know why, traditional money is backed by someone or something, and that is the banks, and/or the governments. And again like I said earlier, it wasn't a trash. To be clear, I'm no way of defending it, but I only say what I think is a fact. After all, I'm mostly with the side of BTC.

This is exactly the kind of mentality that encourages the powerful elites to continue to subdue the ordinary people. This is slave mentality. To just embrace what is imposed on you however unfair it may it be makes you an animal without dignity. You are making yourself a docile creature incapable of reason, and resistance should there be a need.

Why not complain when the money that we have now is a joke? Why is this fiat currency not a fall in the evolution of money when it is backed by nothing but the mere hollow words of the rulers? Is this not a fall from the gold standard of money?

Are you sure you're a Bitcoin supporter while embracing and be grateful of the kind of money that you have right now?

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December 03, 2023, 03:13:51 AM
 #55

The world's development revolution will continue to change due to balance and usefulness. like the digital crypto world, many projects are now being created to be useful for humans, in terms of being part of an investor, using this technology and so on. The progress of the next era will be more sophisticated so we have to keep up and know

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December 03, 2023, 04:03:36 AM
 #56

  With each passing year, there is actually an upgrade in things. Before,  there was no internet, but now it has become a necessity and part of the economy of every country because it helps a lot. What we used to only think of as work in companies and businesses that will be built online today can earn money even at home and also have an online business.

  This is what the new technology that we are facing today can do; if you don't keep up, I also believe that time will really leave you behind. It seems that people are moving forward in life, but you will still be stuck in poverty.

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December 03, 2023, 07:54:13 AM
 #57

From time to time technology continues to develop rapidly, especially in things that can help and make things easier for many people. And we have to adapt to this and we have to recognize it, learn it so that we have the ability to do it, what else is profitable and useful for us.
And if someone does not follow technological developments then we will experience difficulties in adapting to existing changes, or changes in the environment due to this technology and any technology. Because most technological developments provide many benefits and also provide convenience, we must continue to make changes.

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December 04, 2023, 01:36:42 AM
 #58

Those who can accept technological advances well at this time of course the life they lead will be able to make it easier for them to reach it, for now someone can easily transfer their money to their destination just by using their cellphone and also at that time, Previously, someone who wanted to send money had to go through a bank and this took up a lot of time, but for those who cannot accept the current situation, their life is certainly very troublesome.

Corrupt behavior by several elements in the government will certainly hamper economic growth in the area. It has become their habit not to advance the economy which is their responsibility, but they only take all the profits from the positions they occupy and do not think about the interests of the community.
There are many things if we want to talk about technological progress and that is just a small example that you conveyed, but there are many other examples that if someone is not able to adapt to technology, they will be further left behind. Technology also encourages a person to develop, let's take an example when people develop a business, if they are able to utilize technology they will easily reach consumers and compared to before, technology can help develop a person's business to be more advanced and developed.

Corrupt behavior is an irresponsible act and is carried out by a few people who do not have ethics in taking care of their responsibilities and a corrupt government is a system that fails to maximize its power. There is no progress in a corrupt government system because they will only enrich themselves rather than try to develop the people they lead.

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December 04, 2023, 02:31:50 AM
 #59

From time to time technology continues to develop rapidly, especially in things that can help and make things easier for many people. And we have to adapt to this and we have to recognize it, learn it so that we have the ability to do it, what else is profitable and useful for us.
And if someone does not follow technological developments then we will experience difficulties in adapting to existing changes, or changes in the environment due to this technology and any technology. Because most technological developments provide many benefits and also provide convenience, we must continue to make changes.
Adapting can be a very difficult process for some, and I would think the particular period in which we live is probably one of the worst when it comes to this, since the world is changing at an impressive speed and by the time you get used to some of those innovations, we are hit with many more and now you need to learn to adapt to them too.

So at some point those which cannot keep with the changes give up and prefer to just keep their old ways, something that is especially true for the elderly as they get tired of this process that requires from them to reinvent themselves all the time.

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December 04, 2023, 07:32:56 AM
 #60

  It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.

While this is probably true in the long run, I don’t see the world switching to a fully digital transaction-based economy any time soon. There are still too many people struggling with the online world and want to keep using their cash. My family is the perfect example for that, my grandmother never did any online transactions, she even never did a bank transfer in her life. Everything is by my father or uncle; they withdraw the money for her and she just uses cash all the time. It’s very similar for my mother, she never did online banking in her life. All transactions she only does in the bank branch and while she uses her debit card from time to time, I would say she pays 95% in cash. My dad is doing online banking sometimes, but losses his logins once a month and needs to reset everything. My friends have very similar experiences with their parents and grandparents, which makes me question how the world could advance at the current stage. Maybe in 30 years once all the older generations are gone it’s going to look different, but right now it seems impossible.
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December 04, 2023, 12:42:13 PM
 #61

~

While this is probably true in the long run, I don’t see the world switching to a fully digital transaction-based economy any time soon. There are still too many people struggling with the online world and want to keep using their cash. My family is the perfect example for that, my grandmother never did any online transactions, she even never did a bank transfer in her life. Everything is by my father or uncle; they withdraw the money for her and she just uses cash all the time. It’s very similar for my mother, she never did online banking in her life. All transactions she only does in the bank branch and while she uses her debit card from time to time, I would say she pays 95% in cash. My dad is doing online banking sometimes, but losses his logins once a month and needs to reset everything. My friends have very similar experiences with their parents and grandparents, which makes me question how the world could advance at the current stage. Maybe in 30 years once all the older generations are gone it’s going to look different, but right now it seems impossible.


Agree, if we talked about the Big City like New York, Tokyo, or London, then probably they are already moving towards a fully digital payment with their own app. But if we are talking about whole world, then it is still a long time for people to move to fully digital transaction, especially for more rural area and 3rd world country where the internet is not that reliable for doing digital transaction, people wouldn't risking their money and business for something that is not yet reliable.

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December 04, 2023, 12:46:45 PM
 #62

The evolution of money has been rise and fall and the current mainstream money that is in use is a fall. Except that there is this Bitcoin thing which serves as a better alternative right now, the present time actually has a money that is a trash, backed by nothing but fiat, an order coming from the government which, if not so powerful and forceful, won't certainly be complied with.

When the trend became fiat money, Switzerland became the last to jump on the bandwagon. As a result, its money held value and respect, of course until the country itself joined the fiat gang.  

Don't just follow the trend. That's a sheep mentality. Don't just blindly fall down the cliff with the rest.
Why fall? We may not like the evolution or new form of money but their function is still the same as the previous one. So instead of complaining, I think it's best to just embrace them and be thankful that we still have a money to use and our life is still easier as compared to before where money is not yet invented. BTC is different as it was a crypto and yeah, it is not bad.

We already know why, traditional money is backed by someone or something, and that is the banks, and/or the governments. And again like I said earlier, it wasn't a trash. To be clear, I'm no way of defending it, but I only say what I think is a fact. After all, I'm mostly with the side of BTC.
Fair enough, i dont really care if digital money will remove traditional money from the financial system. IMO, the both of them are still necessary. This is because when personally i need cheques to pay for some certain things like my rent and petrol as most of the services owners do not accept any form of digital money. Also i need to digital money for shopping and storing of value. It really falls down to personal preference and state of the country.

There are many countries that has accepted digital money, which has led almost al business owners to accept it as a means of payment. Although there are different circumstances for different countries. While enjoying these benefits, there are some exceptions or limit they can use the digital money. One limit is that you you cant be offered any bank certificates and statements for visa applications and exchange of into cash. Because the digital bank do not support this since your digital money is stored in a digital bank.

So its best to do it this way. One traditional and one digital for storing value.

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December 04, 2023, 01:13:37 PM
 #63

I think the world itself does not evolve; what does evolve is that with each passing year, people discover new investment things that will help our generation.

It's just like the technology we have today; if we don't keep up with it and use it, time will really leave us behind. It seems that we are in a new era for this generation that we are facing now. So if it helps, let's go together and use it.

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December 04, 2023, 01:27:14 PM
 #64

I say just do whatever you can to keep up with the trends in market and economics. It's so hard to stay on top of the trends even if you're chronically online and the worst part about this is that if you fail to catch up, you're doomed to fail. But every now and again people are given the chance to break the mold and set the tone for a market shift, just look at crypto and its leap-year trends, if you can't beat them, eat them basically. If you're not the trendsetter type however, just read on twitter and social media, you'd get important snippets of what's popping and what's popping off, what you should've invested weeks/months ago and what you should invest in now, among other information you might want to have.

Follow the trend but don't get lost in the process. We can have as much trends and money to make as we want, but you'd only have one You. Take care of it.

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December 04, 2023, 05:30:59 PM
 #65

Follow the trend, but never abandon the old tech completely until the new tech is laid and implemented 100%.

I used to just carry cash wherever I go. I find it convenient to pay with physical cash and receive change. Cash is accepted everywhere, that's why they say, 'cash is king.' But nowadays, I also use digital wallets to pay for things that I buy. Given that I always carry my phone around, and it's not hard to find a place that doesn't accept such method of payment, it's convenient and fast compared to cash.

Then again, if I only use digital payments and not carry cash, there could be instances wherein I'd be stuck in a place wherein digital payments are not accepted. Public transportation here in the Philippines still don't implement digital payments fully, and it's one of those things that could take advantage of the growing number of digital users. But they couldn't, as most of the operators and drivers of public transportation are old and do not trust digital payments just yet.

It will take time before cryptocurrencies get understood and embraced by economies. The first transition would be digitization of cash, followed by embracing the truth that cryptos are here to stay.
I agree. The economies and the form of money and payment methods will always keep evolving and people will be compelled to accept the chances because they will have no choice. However, as you said, one shouldn't abandon an older method before the new ones are totally in circulation and use. You can't stop having or carrying cash as long as it is not confirmed that the places you are going to accept cashless payments so that you can get your work done without any problems.

Those who are not ready to accept changes because they are afraid or don't feel confident will have trouble. Imagine the world going cashless, no place accepts cash anymore because all the transactions are done digitally either with banking apps or cryptocurrencies, and some people are not ready to accept this, what choice do they have? None, and they will eventually have to accept the reality and adapt to the changes.

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December 04, 2023, 08:57:44 PM
 #66

A good example is a friend of mine who opened up a fiverr account for basically anything AI related, he was a "mathematician" by education, studied mathematics at college, we grew up together but haven't really seen him for years, but we still talk online. Dude opened up a fiverr account and then grew his business to other service based places too, where he would sell anything regarding AI, and kept improving himself too, from images to text to videos to anything you can think of, and his main money maker was coding. Dude literally used AI to provide full service, and his selling point was "I can use AI better than you, so hire me and I will use AI amazingly to help you with what you need from an AI" type of thing. He did make his entirely yearly salary in under a month thanks to that, been doing that for months now, he made more money than his entire career of 10 years, he evolved with the trend.

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December 04, 2023, 09:15:06 PM
 #67

A good example is a friend of mine who opened up a fiverr account for basically anything AI related, he was a "mathematician" by education, studied mathematics at college, we grew up together but haven't really seen him for years, but we still talk online. Dude opened up a fiverr account and then grew his business to other service based places too, where he would sell anything regarding AI, and kept improving himself too, from images to text to videos to anything you can think of, and his main money maker was coding. Dude literally used AI to provide full service, and his selling point was "I can use AI better than you, so hire me and I will use AI amazingly to help you with what you need from an AI" type of thing. He did make his entirely yearly salary in under a month thanks to that, been doing that for months now, he made more money than his entire career of 10 years, he evolved with the trend.
Of course - content creator is one of the job trends that is increasingly sought after by young people today. Many young people make more money in these fields - they are even more successful than their parents in terms of monthly income. The essence of the whole story is that trends are opportunities that must be exploited. Bitcoin can also be considered a trend - so of course people should be able to take advantage of what it has to offer the community.

Cryptocurrency in general is the best investment target for some investors. They can exploit their price volatility to earn returns - but of course crypto is more than just an investment tool as some of them have real use cases as money or a means of payment.

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December 05, 2023, 11:48:19 AM
 #68

Follow the trend, but never abandon the old tech completely until the new tech is laid and implemented 100%.

I used to just carry cash wherever I go. I find it convenient to pay with physical cash and receive change. Cash is accepted everywhere, that's why they say, 'cash is king.' But nowadays, I also use digital wallets to pay for things that I buy. Given that I always carry my phone around, and it's not hard to find a place that doesn't accept such method of payment, it's convenient and fast compared to cash.

Then again, if I only use digital payments and not carry cash, there could be instances wherein I'd be stuck in a place wherein digital payments are not accepted. Public transportation here in the Philippines still don't implement digital payments fully, and it's one of those things that could take advantage of the growing number of digital users. But they couldn't, as most of the operators and drivers of public transportation are old and do not trust digital payments just yet.

It will take time before cryptocurrencies get understood and embraced by economies. The first transition would be digitization of cash, followed by embracing the truth that cryptos are here to stay.
I agree. The economies and the form of money and payment methods will always keep evolving and people will be compelled to accept the chances because they will have no choice. However, as you said, one shouldn't abandon an older method before the new ones are totally in circulation and use. You can't stop having or carrying cash as long as it is not confirmed that the places you are going to accept cashless payments so that you can get your work done without any problems.

Those who are not ready to accept changes because they are afraid or don't feel confident will have trouble. Imagine the world going cashless, no place accepts cash anymore because all the transactions are done digitally either with banking apps or cryptocurrencies, and some people are not ready to accept this, what choice do they have? None, and they will eventually have to accept the reality and adapt to the changes.

Instead of using the new or old method, it makes more sense to act according to where you are going or shopping and prepare a plan accordingly. If you give cash to a business that doesn't accept cash, things won't work out, but if you know in advance that this business doesn't accept cash, you won't face such a problem. It is not possible to know which method all businesses use, but you can make a general conclusion by looking at the majority of them.

Change is inevitable and everyone needs to keep up. Cash will remain relevant for a long time and there is no need to think too much about it. When we keep up with innovations, we can move forward without any problems when we encounter these innovations.

As a result of the examples you have given, being ready to pay both in cash and digitally will save us from many problems.
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December 05, 2023, 01:53:32 PM
 #69

Technological developments have changed the landscape more quickly and given new nuances to every life. Following world developments in the flow of technological developments will have a positive effect, you can develop creativity, innovation and good relationships with people who often share experiences by utilizing technological developments. Mind set must be able to change to keep up with the times, when the Covid 19 pandemic occurred throughout the world, many employees did their work at home. If these people do not adapt to current developments, they will have difficulty carrying out office tasks.
Albert Einstein once said, education is not learning facts, but training to think. So when you are able to think realistically it will be the main capital when times have changed.

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December 05, 2023, 06:09:51 PM
 #70

You should not propose a solution to something when there's no problem to begin with. There's already a way of dealing with this thing. People are comfortable using it and they will most likely stick to it. When we talk about advanced technology, we need to understand that there are people incapable of using them. For them, we need to have the option which they are comfortable with using.

We adapt to the situation slowly. To get adapted to the new technology, it will take time. Meanwhile, we need to co-existence of both the old ones and the new ones. If you can adapt to new things, you are just ahead of the curve. That's all.
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December 05, 2023, 07:12:41 PM
 #71

In most situations of life, it's not necessarily good to follow trends, but in terms of money changes, bitcoin is a type of currency to pay a close attention to, as it contains a different trend, in it. Although trends don't stay forever, that's why bitcoin shouldn't be seen as a trend, it's here to stay. Even most services pointed out by few members above, still isn't a trend. What is seen as trend are some business ideas that comes and pumps money for few months and then stops or maybe don't work anymore. Just like some online how to make money methods, that'll work for few months and doesn't pay anymore. Same is also applicable to offline businesses. It's important to invest our time on something unique and would work for years. Not just following any trend that pops up. Choices like that have made people lose out on their money. The worlds still sees digital money as a trend, same way they once categorized the internet as one. Along the line, internet proved to be so great and everyone hopped onto the technology. Most people who don't use digital money, has trust issue. Since no actual body would be held responsible for the lose of their money, if such happens. And scam stories are flying all over the web about people losing funds via digital money. Digital money like bitcoin still has to prove to the wide world that it's here to stay, and won't disappear one money like liberty reserve did. Those experiences has made lots of internet users not to venture into digital money. Soon, the next generation will begin to adopt digital money and evolve with it, but for the older generations, I don't think they can easily switch their minds.  In a nutshell, calling bitcoin a trend, isn't correct. Bitcoin is here to stay.

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December 05, 2023, 07:43:42 PM
 #72

My point is, we're not going to sleep one night and wake up the next morning in a completely digital era where every transaction is digital and cash is no longer needed. It's not going to happen within a year.
It is a phase and we have already started evolving to that point, it may not happen in our lifetime or in this century, but it would happen and nobody would be left behind.
It can't happen overnight, but we know that digitalisation of money is very close, but even if it happens now, it will only reduce the cash, but it can't be taken away completely due to the fact that, not even 50% of our country's population has a bank account, last year our country participated in cashless policy, people in rural areas really suffer because they lack digital knowledge, the cost of food stuff and other agricultural products decreases, during that time, individuals must trade what they have for what they need, which means they must tell the buyer what they require and then rely on the buyer to provide the item they require, such as building materials and other necessary things they need.

The world's development revolution will continue to change due to balance and usefulness. like the digital crypto world, many projects are now being created to be useful for humans, in terms of being part of an investor, using this technology and so on. The progress of the next era will be more sophisticated so we have to keep up and know
Certainly, many countries must adapt to global development if they are to grow quickly enough to compete with the rest of the industrialized world. We are living in a technological era in which human labor will be a thing of the past, as if it never existed.

R


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December 05, 2023, 09:41:04 PM
 #73

We need to caution ourselves, when the world is evolving, it's not everything that we need to get involved in with, we have to sit and look forward to what and what are the conditions attached to the trends before we join, there are some unprofitable dealings we need to always avoid because at the end, everything will just turned a wasted efforts because they are not going to pay us, therefore, we must analyze the conditions attached to every decision we are taking before making an assumption on going for them all in the name of others are into the same thing.



.
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December 05, 2023, 10:03:52 PM
 #74

Technological developments have changed the landscape more quickly and given new nuances to every life. Following world developments in the flow of technological developments will have a positive effect, you can develop creativity, innovation and good relationships with people who often share experiences by utilizing technological developments.
Hmmm - lots of people want to do it, but it's hard to get it all the same.
It all depends on how interested they are - of course if they consistently do it and continue to improve their abilities then financial success can be achieved with technological developments. Positive impact is the consequence - but not everyone can do it, some will give in to their inability.

Albert Einstein once said, education is not learning facts, but training to think. So when you are able to think realistically it will be the main capital when times have changed.
It's always easy to say it like that - in fact you can repeat it thousands of times a year. But every human being has their own level - so the journey will never be the same even if it is on the same road. Realistic thinking is right - it must be worth it with each person's brain capacity and also their skills in exploiting opportunities.

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December 05, 2023, 10:12:55 PM
 #75

Of course - content creator is one of the job trends that is increasingly sought after by young people today. Many young people make more money in these fields - they are even more successful than their parents in terms of monthly income. The essence of the whole story is that trends are opportunities that must be exploited. Bitcoin can also be considered a trend - so of course people should be able to take advantage of what it has to offer the community.

Cryptocurrency in general is the best investment target for some investors. They can exploit their price volatility to earn returns - but of course crypto is more than just an investment tool as some of them have real use cases as money or a means of payment.

I think when you consider how the fast AI world is evolving, it is clear to me that something that merges the upcoming AI evolution and also cryptocurrency world together will definitely do something that would benefit everyone at the same time. We need to realize that there is a huge huge power there, I have seen some amazing stuff that is getting to a point where its going to be something that will benefit. Think about how much we could use from the AI world to end up helping the crypto world that will be awesome. I understand it may not be easy or anytime soon and that may end up having some insane increases, its not going to be quick and big, but gradually it will be awesome, and these people who follow the trend will make so much profit.

/] Mr.Stork   
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December 05, 2023, 11:59:05 PM
 #76

Well fast forward to today where digital currencies like Bitcoin are stealing the spotlight, it’s like our money is gone all high-tech.But tech innovation is normal right? Jumping into the digital money game seems like a good move, but while it's convenient, we have to watch out to expand our knowledge like privacy concerns and security issues hanging around. Scammers innovate too.
They say learn to ride with the trend and take advantage of every innovation that will let you live your life more convenient and satisfying. Which means, you need to upgrade your knowledge as well and if privacy and security are what it takes to safely adopt those innovations, then be more vigilant and cautious to whatever important transactions you made online. The internet world is probably the home of the scammers nowadays, deal it wisely and smart.

While innovations are great to live life's at its best, but we should also learn not to speed up on its adoption as they can be sometimes do harm to us. Take it slowly until you can finally say that you're capable enough to adjust and deal with the current trends and innovations with confidence and positivity.

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December 06, 2023, 06:04:27 AM
 #77

I think the world itself does not evolve; what does evolve is that with each passing year, people discover new investment things that will help our generation.

It's just like the technology we have today; if we don't keep up with it and use it, time will really leave us behind. It seems that we are in a new era for this generation that we are facing now. So if it helps, let's go together and use it.
Those who can take advantage of technological developments well will of course be able to develop in the face of technological developments, every change that occurs will certainly have good and bad things for human life and those who can find good things will certainly make them better in life. those fields when choosing to use them.

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December 06, 2023, 09:23:57 AM
 #78

I think the world itself does not evolve; what does evolve is that with each passing year, people discover new investment things that will help our generation.

It's just like the technology we have today; if we don't keep up with it and use it, time will really leave us behind. It seems that we are in a new era for this generation that we are facing now. So if it helps, let's go together and use it.
You are saying the same thing that you are trying to rebuff, the world is revolving and the proof is what you just narrated yourself, no difference at all. There could be limits and the extant might be very little elsewhere but the fact remains that where we are in terms of development in the world in the last 100 years is not where we are today, and that makes the difference.

Exposure and technology have helped us so well and they will continue to help us, but I hope one day, technology is not what will destroy the world...lol. Some advances could be very scary, which is why I am still sceptical of AI development to be precise, I see more issues later than advantages and I hope that world leaders will continue to hold their meetings regularly in the bid to find a common ground that will help the entire world to regulate it right.

Also regarding investments, we should still thank technology, nothing would have advanced in investment this much without it. And I implore everyone and countries to continue to find a means not to lag behind, it's important.

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Nheer
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December 06, 2023, 10:04:05 PM
 #79

Why’d you think trade by barter working successfully back in the day is surprising? And corruption, being way older than paper money itself won’t suddenly go away with the end of the reign of paper money being used as a means of exchange.
Even before paper money was invented, corruption has long existed, and it is now more ingrained in human nature and will be challenging to eradicate. Corruption involving paper money or digital currency won't go away in fact, if digital money takes over, it would get worse as it would be simpler to steal money because it can't be linked to a specific individual and banks wouldn't be able to freeze accounts or recover funds.  

In my opinion, nothing is truly certain except death of course. So the future where you say all financial transactions would be done only digitally without paper money is still far off and not entirely clear. Of course, it would be advisable to embrace change when it comes.
The economy of a nation is determined by what it produces and exports. And that in turn gives the boosts the nations finances.
I agree with you that digital currencies are a long way from becoming a general worldwide currency, and the chances of that happening are still uncertain. When comparing digital currencies to paper money, it is clear that digital currencies need to be improved before they can fully function as the exclusive method of exchange. I believe the world is changing and that the moment will come when many people will have no choice but to welcome the change.

R


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AnonBitCoiner
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December 07, 2023, 05:10:04 AM
 #80


Those who can take advantage of technological developments well will of course be able to develop in the face of technological developments, every change that occurs will certainly have good and bad things for human life and those who can find good things will certainly make them better in life. those fields when choosing to use them.

Technologies are getting better day by day and as the time passes new techniques comes into origination therefore all those who follow the same techniques which are followed by everyone will be successful and those who sticked to older Technology will not be much successful because previous Technologies are not so beneficial as that is bitcoin. Previously people choose gold for investment but now people are in modernism so they want big amount of profit which is only possible with bitcoin and also they move towards digital world as everything become easy with the help of modern technologies.

Every technique has its own risk and benefits but the wise person will fully concentrate on how to take benefit but the foolish person will think about disadvantages and then will leave modern technology by saying that it is risky. What is here which is 100% guaranteed in this world? Nothing such field exists therefore removing of useless thoughts are necessary if a person wants profitable results.



 

 

 

 

 

 


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.
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bayu7adi
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December 07, 2023, 05:31:15 AM
 #81

In my opinion, nothing is truly certain except death of course. So the future where you say all financial transactions would be done only digitally without paper money is still far off and not entirely clear. Of course, it would be advisable to embrace change when it comes.
The economy of a nation is determined by what it produces and exports. And that in turn gives the boosts the nations finances.
I agree with you that digital currencies are a long way from becoming a general worldwide currency, and the chances of that happening are still uncertain. When comparing digital currencies to paper money, it is clear that digital currencies need to be improved before they can fully function as the exclusive method of exchange. I believe the world is changing and that the moment will come when many people will have no choice but to welcome the change.
That is innovation and it will really happen in the future, where cashless payments will be more popular until finally everyone will switch from physical currency to digital currency. The current infrastructure does not yet support it, but I am very confident that looking at the very rapid development of this era, one day the existence of physical currency will be completely replaced.

Does this refer to cryptocurrency? I can't say for sure, because FIAT in digital form is currently more popular than cryptocurrency in digital form. There are still many people who use ATMs and Credit Cards to pay for things, so digitizing FIAT may be more realistic due to support from the government.
Accardo
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December 07, 2023, 05:44:20 AM
 #82


Those who can take advantage of technological developments well will of course be able to develop in the face of technological developments, every change that occurs will certainly have good and bad things for human life and those who can find good things will certainly make them better in life. those fields when choosing to use them.

Technologies are getting better day by day and as the time passes new techniques comes into origination therefore all those who follow the same techniques which are followed by everyone will be successful and those who stick to older Technology will not be much successful because previous Technologies are not so beneficial as that is bitcoin. Previously people choose gold for investment but now people are in modernism so they want big amount of profit which is only possible with bitcoin and also they move towards digital world as everything become easy with the help of modern technologies.

Every technique has its own risk and benefits but the wise person will fully concentrate on how to take benefit but the foolish person will think about disadvantages and then will leave modern technology by saying that it is risky. What is here which is 100% guaranteed in this world? Nothing such field exists therefore removing of useless thoughts are necessary if a person wants profitable results.

It's safe to say that technology is a trend and people move on to the most profitable one. Gold is it a technology? gold should be placed under the category of agricultural natural resources. That seemed too promising in the early stages of human life, then its value skyrocketed when used to back up USD. Don't you think people will get tired of trading bitcoin? it's one controversial thread of mine that elaborates more on the power of humans in controlling the success of any technology. Whenever the interest of people stops heading to a particular product, there'll be a diminishing return. But in cases like bitcoin or gold, they have monetary value and can't be forgotten or stop being traded. The risk associated with bitcoin, volatility, is quite manageable. Users who choose to trade or save funds in bitcoin, only need to forget about their investment, bull or bear. As simple as it sounds, even those who give out such advice can't efficiently abide by it. Because money is always in demand, due to man's needs and wants.

Neither am I saying that bitcoin is 100% guaranteed to fetch profits or losses for any investor. The guarantee centers on the existence of bitcoin. It was birthed more than 10 years ago and doesn't get manipulated by the government or any organization. People's money is safe in bitcoin. Only people who invest in bitcoin to get profits alone can get disappointed during the bear season. The same people won't delay clearing the air that bitcoin is a Ponzi scheme. The personal views of bitcoin users aren't 100% guaranteed. What it becomes in the next decade? the profits it'll yield and the longevity of the technology is sealed and haven't been unveiled to anybody. It's all filled with speculation, but we all hope for a better future for bitcoin technology.

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Mame89
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December 07, 2023, 07:34:52 AM
 #83

That is innovation and it will really happen in the future, where cashless payments will be more popular until finally everyone will switch from physical currency to digital currency. The current infrastructure does not yet support it, but I am very confident that looking at the very rapid development of this era, one day the existence of physical currency will be completely replaced.
Technology is increasingly sophisticated, of course every country must follow developing trends, including in financial matters. Currently, many countries no longer use cash, including my country, there has been a lot of progress. Most people are happy to use cashless and don't see any ill effects. Now the crime rate is high (see news) and the government is issuing money in all directions including digital. It is almost impossible to get cash and even more difficult to use it, this is because many shops and business places now use non-cash transactions.

Quote
Does this refer to cryptocurrency? I can't say for sure, because FIAT in digital form is currently more popular than cryptocurrency in digital form. There are still many people who use ATMs and Credit Cards to pay for things, so digitizing FIAT may be more realistic due to support from the government.
Yes that's right. However, this does not mean that cryptocurrency can replace Fiat because there are still many countries that prohibit cryptocurrency for transactions, so digital fiat is still the main priority for transactions in a country. Maybe one day crypto can replace fiat but for me this will take a long time.

R


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LLBITCRYPTO
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slapper
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December 07, 2023, 10:40:08 AM
 #84


Those who can take advantage of technological developments well will of course be able to develop in the face of technological developments, every change that occurs will certainly have good and bad things for human life and those who can find good things will certainly make them better in life. those fields when choosing to use them.

Technologies are getting better day by day and as the time passes new techniques comes into origination therefore all those who follow the same techniques which are followed by everyone will be successful and those who stick to older Technology will not be much successful because previous Technologies are not so beneficial as that is bitcoin. Previously people choose gold for investment but now people are in modernism so they want big amount of profit which is only possible with bitcoin and also they move towards digital world as everything become easy with the help of modern technologies.

Every technique has its own risk and benefits but the wise person will fully concentrate on how to take benefit but the foolish person will think about disadvantages and then will leave modern technology by saying that it is risky. What is here which is 100% guaranteed in this world? Nothing such field exists therefore removing of useless thoughts are necessary if a person wants profitable results.

It's safe to say that technology is a trend and people move on to the most profitable one. Gold is it a technology? gold should be placed under the category of agricultural natural resources. That seemed too promising in the early stages of human life, then its value skyrocketed when used to back up USD. Don't you think people will get tired of trading bitcoin? it's one controversial thread of mine that elaborates more on the power of humans in controlling the success of any technology. Whenever the interest of people stops heading to a particular product, there'll be a diminishing return. But in cases like bitcoin or gold, they have monetary value and can't be forgotten or stop being traded. The risk associated with bitcoin, volatility, is quite manageable. Users who choose to trade or save funds in bitcoin, only need to forget about their investment, bull or bear. As simple as it sounds, even those who give out such advice can't efficiently abide by it. Because money is always in demand, due to man's needs and wants.

Neither am I saying that bitcoin is 100% guaranteed to fetch profits or losses for any investor. The guarantee centers on the existence of bitcoin. It was birthed more than 10 years ago and doesn't get manipulated by the government or any organization. People's money is safe in bitcoin. Only people who invest in bitcoin to get profits alone can get disappointed during the bear season. The same people won't delay clearing the air that bitcoin is a Ponzi scheme. The personal views of bitcoin users aren't 100% guaranteed. What it becomes in the next decade? the profits it'll yield and the longevity of the technology is sealed and haven't been unveiled to anybody. It's all filled with speculation, but we all hope for a better future for bitcoin technology.

It's true; Bitcoin, much like gold, transcends the typical 'trend' cycle. While we switch technologies, Bitcoin subtly redefines our relationship with money. More than a currency or investment, it's a revolution in digital value and trust. Bitcoin's value is shown by its durability amid volatility. Its unique security comes from its decentralization and lack of government influence. Participate in a financial paradigm shift, not just profits or losses

In our pursuit of the next big thing, we sometimes ignore personal growth and understanding. Bitcoin is a financial and technological education, not just an investment. We should sometimes invest in our knowledge and skills instead of following trends. Aren't our personal growth and development our greatest assets? Money is powerful, but education and personal growth are more valuable. We shouldn't forget to invest in ourselves as we explore cryptocurrency

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demonica
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December 07, 2023, 12:22:27 PM
 #85

I learned about this history of currency from one of my class. Before money or currency existed, we use "barter" or trading of valuable goods im exchange for another valuable goods. Then money was invented, and now we're using them in trading goods...
I understand what you're trying to say. That our generation is evolving and we have now what we called cryptocurrency. Yes, it's good that people learn to adapt to these innovation as we become more and more advanced. But the use of money will still be more accepted compared to cryptocurrency even in the long run. Probably the evolution of people completely using cashless transaction or digital transaction, eliminating the use of paper money will happen in the next century. Since we've been using them for hundreds of year, it'll also take us a lot of time to completely shift from paper money to digital money. But of course, it would also be great to see more adoption of cryptocurrency
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December 29, 2023, 11:53:03 AM
 #86

The best option for everyone who is science-inclined is to follow new stuff, even though you don't know much about the recent and modernized system, you still have the internet where you can search and get more information about things, the world is growing both in human thinking and technology at large, many scientist are busy making invention to sooth the world demand, bitcoin was created to solve money problem to an extent and some people that understand the concept at that early stage grabbed the opportunity and today they gave made fortunes for themselves but some doubtful fellows were left behind, learn how to be a good researcher so that you won't regret later.

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December 29, 2023, 12:08:25 PM
 #87

Now we are in the era of digital technology and things are getting advanced each day, it is also expected of us to join along with this developments, we are seing new trends on how we could handle our financial economy more securely for our own benefit through cryptocurrency, bitcoin is being introduced as a new and modern day technology digital currency introduced, many are adopting it already because they needed a change in their financial situations, privacy and trust is their utmost goal, we have to follow the good trends on what is happening for our own sake and adopt the best in our own interests.



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December 29, 2023, 12:59:25 PM
 #88

Of course and yeah who do you think wanted to get stuck in the past? Unless your business is like an antique shop that instead of following newer ones but still prefer to collect old and collectible items. Though it is a good investment as well but I know that we are here to talk about present and future trends so yeah it make a lot of sense to adopt into the evolving technological advancements. Just like fiat currency wherein we can use it to buy/pay things and services on physical stores but now we came into the blockchain technology that allows us do the same thing with fiat but in a more private and safer transactions. For me cryptocurrency is future proof compared to fiat but I don't have any idea about the future of internet as we all know the greatest threat to it is is the solar flare and no doubt we are dependent to it which for me is an advantage for fiat and precious metals just like in the old ages.



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December 29, 2023, 01:37:58 PM
 #89

The world is a constant dance of evolution, and adapting to new systems is crucial for survival. Your parents' journey is a testament to that. From the seismic shifts of war and independence to the subtle changes in technology, they've embraced the tide of change and thrived.

Just like those dial phones giving way to 5G marvels, the financial landscape is likely to undergo significant transformations. Digital payments are already weaving their way into the fabric of our lives, and who knows, the future might hold a world where physical currency is a relic of the past.

Cryptocurrencies, with their decentralized nature and potential for financial inclusion, certainly offer a glimpse into a different future. We need to approach them with open minds, yes, but also with a healthy dose of skepticism and a commitment to responsible adoption.

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December 29, 2023, 01:51:20 PM
 #90


Those who can take advantage of technological developments well will of course be able to develop in the face of technological developments, every change that occurs will certainly have good and bad things for human life and those who can find good things will certainly make them better in life. those fields when choosing to use them.

Technologies are getting better day by day and as the time passes new techniques comes into origination therefore all those who follow the same techniques which are followed by everyone will be successful and those who stick to older Technology will not be much successful because previous Technologies are not so beneficial as that is bitcoin. Previously people choose gold for investment but now people are in modernism so they want big amount of profit which is only possible with bitcoin and also they move towards digital world as everything become easy with the help of modern technologies.

Every technique has its own risk and benefits but the wise person will fully concentrate on how to take benefit but the foolish person will think about disadvantages and then will leave modern technology by saying that it is risky. What is here which is 100% guaranteed in this world? Nothing such field exists therefore removing of useless thoughts are necessary if a person wants profitable results.

It's safe to say that technology is a trend and people move on to the most profitable one. Gold is it a technology? gold should be placed under the category of agricultural natural resources. That seemed too promising in the early stages of human life, then its value skyrocketed when used to back up USD. Don't you think people will get tired of trading bitcoin? it's one controversial thread of mine that elaborates more on the power of humans in controlling the success of any technology. Whenever the interest of people stops heading to a particular product, there'll be a diminishing return. But in cases like bitcoin or gold, they have monetary value and can't be forgotten or stop being traded. The risk associated with bitcoin, volatility, is quite manageable. Users who choose to trade or save funds in bitcoin, only need to forget about their investment, bull or bear. As simple as it sounds, even those who give out such advice can't efficiently abide by it. Because money is always in demand, due to man's needs and wants.

Neither am I saying that bitcoin is 100% guaranteed to fetch profits or losses for any investor. The guarantee centers on the existence of bitcoin. It was birthed more than 10 years ago and doesn't get manipulated by the government or any organization. People's money is safe in bitcoin. Only people who invest in bitcoin to get profits alone can get disappointed during the bear season. The same people won't delay clearing the air that bitcoin is a Ponzi scheme. The personal views of bitcoin users aren't 100% guaranteed. What it becomes in the next decade? the profits it'll yield and the longevity of the technology is sealed and haven't been unveiled to anybody. It's all filled with speculation, but we all hope for a better future for bitcoin technology.

Compared to gold, Bitcoin is like the internet to a typewriter. Both have their uses, but one is future-oriented. Gold is valued, but 20th-century games. In the 21st century, Bitcoin leads. Transformation, not trends, is what's changing our world. Bitcoin investing isn't about short-term gains or losses. It's about seeing a world where financial freedom is the norm. Volatility? It's there. However, tremendous expansion is possible. The key is perspective. A belief in a financial-free economy is more than an investment.

People labeling Bitcoin a Ponzi scheme during bad markets should realize that every investment has ups and downs. The stock market, real estate, etc. Bitcoin differs. It's about more than surviving market cycles - it's about reinventing finance. Don't merely guess its future. Let's participate. Because Bitcoin is a movement, not just an investment. Movements alter the world, friend.
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December 29, 2023, 04:23:11 PM
 #91

You have presented the evolution of money very well.  Money transactions are changing over time.  We all accept it but some people are not willing to believe in digital currency.  Digital currency is already in operation in some countries, but in some countries it is already called fake.  Some people think that there is no such thing as digital currency.  But it is also an evolution of meaning.  A time is coming when people will not transact money in hand. Everything will depend on digital currency.  The sooner we adopt innovation, the better for us.


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December 29, 2023, 06:06:55 PM
 #92

That is innovation and it will really happen in the future, where cashless payments will be more popular until finally everyone will switch from physical currency to digital currency. The current infrastructure does not yet support it, but I am very confident that looking at the very rapid development of this era, one day the existence of physical currency will be completely replaced.

Does this refer to cryptocurrency? I can't say for sure, because FIAT in digital form is currently more popular than cryptocurrency in digital form. There are still many people who use ATMs and Credit Cards to pay for things, so digitizing FIAT may be more realistic due to support from the government.
It cannot be denied that as time goes by, technology is also increasingly developing and in the end we are guided to follow the developments of the times. If in the past there was barter as buying and selling, now fiat as a transaction could mean that in the future crypto can replace fiat. These possibilities will definitely happen, we just have to wait for time.

Now we are more accepting that crypto is a commodity. Because the journey to replace fiat money is still a very long journey and there are twists and turns. Not every country has regulations to make transactions free via crypto. And on the other hand, our lifespan also has limits, are we worth waiting for something that is still gray? (crypto replaces FIAT money). I think, there are still many options to place better hopes and in a "real" form.
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December 29, 2023, 08:04:25 PM
 #93

Everything has its time and turn. Development is inevitable, so at every juncture, adjustments are needed to stay relevant in the latest era.

In this forum, Bitcoin is considered both a currency and a promising investment medium. Many people believe in this and continue to promote Bitcoin for more widespread adoption. But do we realize that Bitcoin is also part of the evolving times, where eventually it will become an outdated currency and investment medium replaced by something new? There will come a time when Bitcoin will come to an end, and we all can't deny that.

Perhaps technology that surpasses Bitcoin will emerge, or something more efficient than Bitcoin will appear. We don't know what that is, but we know the future will unfold like that. At least, aren't we preparing for this as well? Times when its popularity decreases, and interest wanes, we must think of other ways to survive even without cryptocurrency.

But don't worry, the USD was first used in 1914, which means it's been around for over 109 years. Meanwhile, BTC has only been in use for 14 years, so we still have a long future ahead, perhaps even when we're gone, we'll still see BTC becoming more popular.
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December 29, 2023, 08:26:13 PM
 #94

OP
I can't understand the need for dynamism, and the promptness to adapt and accept new change, but We need to be careful so that we do not make changes or quickly jump into new trends that would leave us in regrets this is because not everything change or a new trend is good or will be of benefit to us. So whenever there's a new trend you always have to find out why the new trend has occurred and the benefits it will have to you and to others good or bad before making your decision to jump on the trend or not. Remember that the majority is not always right and before you join the majority you always have to have a good reason for joining them not just joining blindly like some others will.

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December 29, 2023, 08:51:26 PM
 #95

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I can't understand the need for dynamism, and the promptness to adapt and accept new change, but We need to be careful so that we do not make changes or quickly jump into new trends that would leave us in regrets this is because not everything change or a new trend is good or will be of benefit to us. So whenever there's a new trend you always have to find out why the new trend has occurred and the benefits it will have to you and to others good or bad before making your decision to jump on the trend or not. Remember that the majority is not always right and before you join the majority you always have to have a good reason for joining them not just joining blindly like some others will.
Questioning the essence of dynamism is similar to question why development should take it course in human history. Going through human history we can see different historical epochs that changed and gave way to new erra, from hunting and gathering to agrarian society and on and on the  dynamism keeps taking place as society evolves, am sure there were people that opposed and question the need for the changes at each of the new rising epoch but eventually when the time was ripe the change took place and all adapted. What am saying is that question the need for a change in the dynamism of things in society won't stop the change from taking it course because development is inevitable.
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December 29, 2023, 09:07:54 PM
 #96

OP
I can't understand the need for dynamism, and the promptness to adapt and accept new change, but We need to be careful so that we do not make changes or quickly jump into new trends that would leave us in regrets this is because not everything change or a new trend is good or will be of benefit to us. So whenever there's a new trend you always have to find out why the new trend has occurred and the benefits it will have to you and to others good or bad before making your decision to jump on the trend or not. Remember that the majority is not always right and before you join the majority you always have to have a good reason for joining them not just joining blindly like some others will.
It's about choice at the end of the day. However, when looking at the current situation, there are a lot of innovations that occur in life changes and that cannot be denied because after all, by looking at what is happening now and what we feel in the past in the end there are several developments that occur in any case starting from technology, the way someone views something and many more.

There are some conditions where we are required to adapt to the progress of the times there are also choice-based such as when we are faced with increasingly sophisticated technology then inevitably we have to adapt in it but on the other hand there are also those that can be a choice and not too follow will also not be a problem for ourselves such as in the point of view of fashion or lifestyle because in the end it is about choice whether we have to follow or not it is our right because it is about self-comfort.

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December 30, 2023, 03:51:22 AM
 #97

I believe that there are topics where you follow the trend, but there are things that stays the same for 100 years. I am not saying it's common, but there are some stuff in the world where if you revived the master of it from 100 years ago, they can start doing it again and would be fine anyway.

Like for example, in most factories things changed, machinery ain't the same, but the logic of creating those machinery hasn't changed all that much, they are a lot easier with the help of a computer, but a mechanical engineer from 50 years ago, if they know what they are doing, could still build something better than some college graduate intern could make, without even using any computer. My grandpa proved this about 10-15 years ago, he was retired, he drew them how to do it, when they failed even while using a pc.

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December 30, 2023, 04:03:53 AM
 #98

OP
I can't understand the need for dynamism, and the promptness to adapt and accept new change, but We need to be careful so that we do not make changes or quickly jump into new trends that would leave us in regrets this is because not everything change or a new trend is good or will be of benefit to us. So whenever there's a new trend you always have to find out why the new trend has occurred and the benefits it will have to you and to others good or bad before making your decision to jump on the trend or not. Remember that the majority is not always right and before you join the majority you always have to have a good reason for joining them not just joining blindly like some others will.
It's about choice at the end of the day. However, when looking at the current situation, there are a lot of innovations that occur in life changes and that cannot be denied because after all, by looking at what is happening now and what we feel in the past in the end there are several developments that occur in any case starting from technology, the way someone views something and many more.

There are some conditions where we are required to adapt to the progress of the times there are also choice-based such as when we are faced with increasingly sophisticated technology then inevitably we have to adapt in it but on the other hand there are also those that can be a choice and not too follow will also not be a problem for ourselves such as in the point of view of fashion or lifestyle because in the end it is about choice whether we have to follow or not it is our right because it is about self-comfort.
But it is true that before following a trend we need to first look at the good and bad and also look back at how much potential it has for the future, for example in terms of the economy and education which is heading towards full digitization to do remote work and study online, this was before Covid was very difficult but after covid online learning is very necessary to carry out teaching and learning activities in the world of education, and I claim it is a trend that needs to be followed.

Yes, the name is also life must be faced with two choices for yourself, as is the case now in the development of crypto, blockchain duia, defi and others that are starting to develop as a new financial system for a more effective and efficient future, but also see that we can still use the traditional financial system and also will not give us any problems if we still use it and the system is still running. But for lifestyle I think it depends on principles, needs and interests.

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December 30, 2023, 04:39:35 AM
 #99

Yes, we should follow the trend and like you mentioned, the "digital economy" should be welcomed (by this I am assuming you meant using crypto currencies, right). But we shouldn't be doing that blindly. Follow trends blindly, and you will end up putting yourself in danger. Look at how many people lose money everyday because of the "meme trend" that comes and goes. And by trend if you also mean "new development", you should know that it is not always good. There are bad trends/developments too. We need to figure out what the trend is about first, make changes and then adapt it. The same goes with crypto currencies. It is not completely perfect right now. There are lots of flaws here and there. We need to first fix those, find solution and then slowly make it something "normal" in our daily life. We can't just replace fiat paper money nor can everyone jump into crypto currencies yet.

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December 30, 2023, 12:01:48 PM
 #100

Not everyone will love to follow the trend so quickly so even if they need time that's their decision, I understand your point of view it's better to follow the trend than to be left behind cause of fear, we don't except the older men to follow suit although some older men are into modern technology but still we hear a lot fasle stories about digital technology.
Sometimes it's best everyone should know and have the knowledge about modern technology cause now the world is developing, just imagine people still doesn't know how digital currency works and let's take for example the world only uses digital currency how can people without the knowledge survive, sometimes ignorance can cause all this to happen or sometimes people just feel exempted.

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December 30, 2023, 04:46:59 PM
 #101

Over the times, the technology also developed. The development of increasingly sophisticated technology makes it easy for humans who live in modern era. Not willing to follow him, it means that humans do not want him to develop.
It's true that you said the development of technology brings great convenience to our lives. In the past, work was all manual and even required more time and energy, but in the present era, technology helps us do things quickly and efficiently. But I see a bad impact where unemployment is rampant everywhere until now jobs are hard to come by.

Quote
Previously the work system was manual, now it is very sophisticated so that doing work is no longer difficult. All transactions throughout the world can be done at any time in just minutes and everything is recorded.
Like the Bitcoin transaction system. People will get convenience without having to be afraid of conducting transactions and without having to involve other parties.
While a transaction system like Bitcoin does provide freedom and convenience without the involvement of third parties, transactions can be made directly and securely, this is one example where technology makes our lives easier, especially in terms of finance and exchange of value.
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December 30, 2023, 07:47:22 PM
 #102

It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured.
The development of the internet has been a spark in our world towards various means of doing things in an easier, faster and over a wide space. Several units to our traditional lifestyle have come to take a page and even now, we’ve got the metaverse coming to play where we would have a whole different digital presence to shorten the gap of time and space even more.
All these are possible because of one single factor, the fact that, it could be controlled or exists within a centralized space.

This is where the idea of Bitcoin and a good number of decentralized coins out there if any at all seems not to fit. It exists outside centralized systems with the exception of the exchanges that operates within the centralized spheres.
Even in the phase of rejection, it’s important that you stay strong as, you don’t let the perception of the people of the world shake your core to the point where you lose out on a development that might run the finance of our future.

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December 30, 2023, 08:34:30 PM
 #103

I agree in principle with your write up here.  The two biggest or most successful investments I've ever made in my life were doing exactly just that, "following the trend in which the world is evolving".  For me I saw bitcoin and cryptocurrency as a new age money that aimed to fix much of what was wrong with fiat money/banking.  Also semiconductors which are used to connect the world, a world that's more connected than ever.  This is a good strategy for investing.

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December 30, 2023, 09:32:03 PM
 #104

I agree in principle with your write up here.  The two biggest or most successful investments I've ever made in my life were doing exactly just that, "following the trend in which the world is evolving".  For me I saw bitcoin and cryptocurrency as a new age money that aimed to fix much of what was wrong with fiat money/banking.  Also semiconductors which are used to connect the world, a world that's more connected than ever.  This is a good strategy for investing.
Due to technology the world is transforming and we have no choice than to follow the directions it is heading to, if one resist one might just miss everything. Their is a need one must bow to the way things are being down because the trending things are in charge and will work for the present things. Old trend don't really work well if their are new trend existing.

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January 01, 2024, 06:55:02 PM
 #105

I agree in principle with your write up here.  The two biggest or most successful investments I've ever made in my life were doing exactly just that, "following the trend in which the world is evolving".  For me I saw bitcoin and cryptocurrency as a new age money that aimed to fix much of what was wrong with fiat money/banking.  Also semiconductors which are used to connect the world, a world that's more connected than ever.  This is a good strategy for investing.
Due to technology the world is transforming and we have no choice than to follow the directions it is heading to, if one resist one might just miss everything. Their is a need one must bow to the way things are being down because the trending things are in charge and will work for the present things. Old trend don't really work well if their are new trend existing.
One doesn't have a choice. You can't do anything in the present time if you can't adapt to the changes coming in the world through technological advancements. Cryptocurrencies are a very big part of this advancement as it is one of the most innovative creations of this era and there is no match for financial innovations that can match the cryptocurrencies, especially Bitcoin. So those who are away from it are surely going to realize that they have missed a very big thing.

I don't think that a person in this era who understands and follows technology will be able to stay away from an innovation such as Bitcoin unless they either don't know about it or don't understand how it works or maybe they have been misguided and told that it's something useless and dangerous, etc.

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January 01, 2024, 08:01:07 PM
 #106

I agree in principle with your write up here.  The two biggest or most successful investments I've ever made in my life were doing exactly just that, "following the trend in which the world is evolving".  For me I saw bitcoin and cryptocurrency as a new age money that aimed to fix much of what was wrong with fiat money/banking.  Also semiconductors which are used to connect the world, a world that's more connected than ever.  This is a good strategy for investing.
Due to technology the world is transforming and we have no choice than to follow the directions it is heading to, if one resist one might just miss everything. Their is a need one must bow to the way things are being down because the trending things are in charge and will work for the present things. Old trend don't really work well if their are new trend existing.
One doesn't have a choice. You can't do anything in the present time if you can't adapt to the changes coming in the world through technological advancements. Cryptocurrencies are a very big part of this advancement as it is one of the most innovative creations of this era and there is no match for financial innovations that can match the cryptocurrencies, especially Bitcoin. So those who are away from it are surely going to realize that they have missed a very big thing.

I don't think that a person in this era who understands and follows technology will be able to stay away from an innovation such as Bitcoin unless they either don't know about it or don't understand how it works or maybe they have been misguided and told that it's something useless and dangerous, etc.
Ignorance is one reason why people don't want to accept the change. Everything is verge to change especially on the technological side where we can experience fast paced changes, the thing that are relevant today might not be in just months or years. Even on cryptocurrency, trend changes so often. I learned it the hard way by sticking into older trend and sticking in my old experiences and knowledge in cryptocurrency which resulted me into missing a lot of good opportunities along with the changing trend.

I think that my lack of interest and the love from the old trend is what keep me left behind before, also the laziness of getting new knowledge of what is currently happening is one reason why I failed to adopt back then.
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January 02, 2024, 09:54:44 PM
 #107


I am aware that cryptocurrencies might not replace fiat but I am sure that they will play a greater part in the global financial system in the future. This is why many countries are introducing CBDCs in a bid to fill in the vacuum created by cryptocurrencies. But they have also failed to achieve their aim because people know that these CBDCs are nothing but digital fiat.  
I don’t think the government has failed in their plan to implement CBDCs. The past few years have only been a test run to introduce CBDCs to the public so people will not find the idea of a digital version of fiat as strange when it finally happens. So far, they have been able to control the perception about CBDCs and from the way I see things, there is not going to be much resistance from the masses if the government decide to go ahead with implementing CBDCs.

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January 03, 2024, 01:30:47 AM
 #108

I agree in principle with your write up here.  The two biggest or most successful investments I've ever made in my life were doing exactly just that, "following the trend in which the world is evolving".  For me I saw bitcoin and cryptocurrency as a new age money that aimed to fix much of what was wrong with fiat money/banking.  Also semiconductors which are used to connect the world, a world that's more connected than ever.  This is a good strategy for investing.
the key is always following the trend from long time ago, staying isolated like denying the ever evolving world will just bring about collapse and poverty. semiconductor investment was massive i remember AMD getting massive increase in stocks back then and right now its anything digital like digital currency its proven to be among the most profitable investment in existence and I think there's no other investment that could surpass it.
the overall graph of bitcoin in this decade was proven to be gaining massive profit more than ten thousand percent increase and it just keep getting higher and higher, goes to show that the world is evolving and if we don't follow the trend we will be left alone in the past.
same with in AI sector back then people are always underestimating AI that it can't do even the most basic thing properly now AI has evolved, there's even a robot that ready to replace human workforce, adaptation is the key.

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January 03, 2024, 05:31:31 AM
 #109

 It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured.
Everyone must keep up with the times regarding advances in technology or any industry and that's not just about developments in electronic or digital transactions. Refusing to accept the development of the times will make us quite behind and it may be quite difficult to keep up with life when someone does not try to accept it.

The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.
The collective impact needs to be seen because developing and developed countries are very dependent on the income of the people within them. The economy is increasingly developing with traditional styles or new styles increasingly developing, this shift in pattern occurs due to several factors which result in everything starting to change completely. Human failure when linked individually is caused by unstable income flows, while the state cannot possibly guarantee all its people.

It's about opportunities and how each individual can make a difference for himself because when we live in this day and age money will make money and services can make money.

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January 03, 2024, 10:30:10 AM
 #110

I think that my lack of interest and the love from the old trend is what keep me left behind before, also the laziness of getting new knowledge of what is currently happening is one reason why I failed to adopt back then.
That is really one of the reasons why we are left behind aside from opposing new ideas or ignoring the trend. Sometimes it is one reason why we have regrets for not jumping into it or embracing it early. It is like our phones that requires system updates we also needs to go with the flow as technological advancement keeps on moving forward.



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January 03, 2024, 01:19:01 PM
 #111

That is really one of the reasons why we are left behind aside from opposing new ideas or ignoring the trend. Sometimes it is one reason why we have regrets for not jumping into it or embracing it early. It is like our phones that requires system updates we also needs to go with the flow as technological advancement keeps on moving forward.
The world is evolving into a good space and we ought to join the moving train. We can see the advancement in technology like is beginning to become much easier than ever  and also much difficult to those who refuse to follow up the trend.  Everything currently from our gadgets and information's are far different from what we used to know, ideas are increasing day by day and we don't need to miss out. Bitcoin has come now and yet most person are still ignoring the trend, its a call to begin our investment for there is good future in Bitcoin holding.

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January 03, 2024, 01:32:24 PM
 #112

Yes, we should follow the trend and like you mentioned, the "digital economy" should be welcomed (by this I am assuming you meant using crypto currencies, right). But we shouldn't be doing that blindly. Follow trends blindly, and you will end up putting yourself in danger. Look at how many people lose money everyday because of the "meme trend" that comes and goes. And by trend if you also mean "new development", you should know that it is not always good. There are bad trends/developments too. We need to figure out what the trend is about first, make changes and then adapt it. The same goes with crypto currencies. It is not completely perfect right now. There are lots of flaws here and there. We need to first fix those, find solution and then slowly make it something "normal" in our daily life. We can't just replace fiat paper money nor can everyone jump into crypto currencies yet.
Remember that adopting cryptocurrency is about smart, intelligent acceptance, not recklessness. It's true that cryptocurrencies as they stand now aren't perfect. Volatility and regulatory uncertainty are two big problems. Their potential to transform financial transactions is huge. We envision speedier, more secure, and less banking-dependent transactions

You're right about the dangers of blindly following trends. Investing in cryptocurrencies requires understanding blockchain and its consequences, not just riding the newest meme currency. We should fix cryptocurrency issues, but let's not lose sight of the greater picture. Fiat currencies cannot equal their financial empowerment and inventiveness. To create a more equitable and efficient economy, crypto should be gradually integrated into our financial systems

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red4slash
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January 03, 2024, 03:14:08 PM
 #113


I am aware that cryptocurrencies might not replace fiat but I am sure that they will play a greater part in the global financial system in the future. This is why many countries are introducing CBDCs in a bid to fill in the vacuum created by cryptocurrencies. But they have also failed to achieve their aim because people know that these CBDCs are nothing but digital fiat.  
I don’t think the government has failed in their plan to implement CBDCs. The past few years have only been a test run to introduce CBDCs to the public so people will not find the idea of a digital version of fiat as strange when it finally happens. So far, they have been able to control the perception about CBDCs and from the way I see things, there is not going to be much resistance from the masses if the government decide to go ahead with implementing CBDCs.
The problem in this case is that I think they are just trying to continue to cover it up with some definitions that seem to illustrate under CBDC that the concept is different from fiat but at the end of the day, if we really understand more about this, it will all lead to the same thing with a more updated system but the scheme remains the same.
I think even if the government wants a special definition of CBDC in the end, the result will still be the same where they will not be able to deceive forever about CBDC considering when people who have been in crypto for a long time should realise immediately that CBDC is just a tool used by the government to regulate the financial system differently but with the same method regardless of the different definitions applied, the method is still the same.

R


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Balmain
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January 03, 2024, 04:39:49 PM
 #114


I am aware that cryptocurrencies might not replace fiat but I am sure that they will play a greater part in the global financial system in the future. This is why many countries are introducing CBDCs in a bid to fill in the vacuum created by cryptocurrencies. But they have also failed to achieve their aim because people know that these CBDCs are nothing but digital fiat.  
I don’t think the government has failed in their plan to implement CBDCs. The past few years have only been a test run to introduce CBDCs to the public so people will not find the idea of a digital version of fiat as strange when it finally happens. So far, they have been able to control the perception about CBDCs and from the way I see things, there is not going to be much resistance from the masses if the government decide to go ahead with implementing CBDCs.
When the masses are forced to use CBDCs, they will not resist and will start using it. For now, it has been introduced just for people to adapt and the perception of CBDC has been created. Cryptocurrencies and alternative currencies have become quite dominant in the global financial system with the increase in digitalization in the past few years, and we can say that they have now gained momentum, so when ETF applications begin to be accepted within global finance, they will appeal to a wider audience.

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January 03, 2024, 10:20:49 PM
 #115

I agree in principle with your write up here.  The two biggest or most successful investments I've ever made in my life were doing exactly just that, "following the trend in which the world is evolving".  For me I saw bitcoin and cryptocurrency as a new age money that aimed to fix much of what was wrong with fiat money/banking.  Also semiconductors which are used to connect the world, a world that's more connected than ever.  This is a good strategy for investing.
Due to technology the world is transforming and we have no choice than to follow the directions it is heading to, if one resist one might just miss everything. Their is a need one must bow to the way things are being down because the trending things are in charge and will work for the present things. Old trend don't really work well if their are new trend existing.

Well, we have no choice but to follow it because we will be the only ones left in the end. The world has changed so much because of technology and this technology is helping people so much to earn money. There are many ways to earn money online you just need to learn how.

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January 04, 2024, 09:42:36 AM
 #116

I agree in principle with your write up here.  The two biggest or most successful investments I've ever made in my life were doing exactly just that, "following the trend in which the world is evolving".  For me I saw bitcoin and cryptocurrency as a new age money that aimed to fix much of what was wrong with fiat money/banking.  Also semiconductors which are used to connect the world, a world that's more connected than ever.  This is a good strategy for investing.
Due to technology the world is transforming and we have no choice than to follow the directions it is heading to, if one resist one might just miss everything. Their is a need one must bow to the way things are being down because the trending things are in charge and will work for the present things. Old trend don't really work well if their are new trend existing.

Well, we have no choice but to follow it because we will be the only ones left in the end. The world has changed so much because of technology and this technology is helping people so much to earn money. There are many ways to earn money online you just need to learn how.

As Innovation is continuesly rising today, we need to get along with it in order for us to become more productive and efficient. Top of the line work nowadays majority is online works and businesses like dropshipping, Virtual assistants job and many more by the help of the internet. As you've said, there are many ways to earn money via online, but not all are qualified to do that, there are still people who really wants to work by the use of manpower, besides being in front of our computer or mobile devices is really destructive and not healthy to our physical and mental health.



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January 05, 2024, 06:21:23 PM
 #117

The problem in this case is that I think they are just trying to continue to cover it up with some definitions that seem to illustrate under CBDC that the concept is different from fiat but at the end of the day, if we really understand more about this, it will all lead to the same thing with a more updated system but the scheme remains the same.
I think even if the government wants a special definition of CBDC in the end, the result will still be the same where they will not be able to deceive forever about CBDC considering when people who have been in crypto for a long time should realise immediately that CBDC is just a tool used by the government to regulate the financial system differently but with the same method regardless of the different definitions applied, the method is still the same.
I mean it's a stablecoin that is managed by the government, so it's basically fiat. I mean you do not have all your money in cash mostly right? It's in a bank somewhere, and you use your phone app, or your card to buy something, even something as simple as a cup of coffee, some people do use cash, but not everyone, commonly people use cards.

However, if we could have CBDC, basically a stablecoin by the government, that would also be accepted in the banks as well, which means you could be using the same card to spend. What changed in your life? You did the same thing using the same payment option and nothing has changed, I think that should be the most important part and I do not think that it will matter in the end. As long as the government is making a money, it will be exactly as the fiat for me, doesn't matter how the yare doing it, it doesn't matter who has it or how it's made, they have full control, and as long as they have full control, it's fiat for me.

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January 08, 2024, 03:02:17 PM
 #118

The best option for everyone who is science-inclined is to follow new stuff, even though you don't know much about the recent and modernized system, you still have the internet where you can search and get more information about things, the world is growing both in human thinking and technology at large, many scientist are busy making invention to sooth the world demand, bitcoin was created to solve money problem to an extent and some people that understand the concept at that early stage grabbed the opportunity and today they gave made fortunes for themselves but some doubtful fellows were left behind, learn how to be a good researcher so that you won't regret later.

To be able to survive in the current competition, we have to follow the current trends. the internet is a privilege that can be felt by everyone in this world now, you just have to type a keyword and you will easily find the answer to what you are looking for. Apart from surfing the internet to get information nowadays, we can join communities that discuss it, for example, to get complete information about Bitcoin, the Bitcointalk forum is a good place. as modern humans, we are forced to continue to actively follow developments in existing technology, information and monitor news channels carefully, this will not harm us at all.



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